Last week we noted that the Social Security system is going broke. Medicare, though, which provides for the health of America’s seniors is already broke. With 77 million baby boomers…
Socialism’s Promise: Medicaid for All
For an example of how government entitlements always expand and never contract, consider what’s been happening to Medicaid. Designed to provide health coverage for low-income and disabled Americans, Medicaid was…
24 Million Losing Health Insurance? Not Really.
The Affordable Care Act (ACA), as The Washington Times noted, is “a public policy flop of epic proportions.” It is costing much more and insuring far fewer Americans than projected,…
Trump vs. the World
During the presidential campaign, President Trump often came off as a bully. Now that he’s president, the bullying is coming from others. The “resistance,” the media, academics, celebrities and others…
Obamacare Resuscitated
“If you don’t buy this magazine, we’ll kill this dog.” So said a cover of National Lampoon back in 1973. We’re reminded of the infamous cover when we reflect on…
The White House as Animal House
Why has the stock market been going bonkers, even as interest rates have begun to rise? CNBC sums it up in two words: “animal spirits.” Wall Street types aren’t talking…
Fear Politicians, Not Clowns
Clowns have been on a rampage this year, with creepy clowns—sometimes armed—threatening victims not only throughout the U.S., but in other countries. According to a poll conducted by Chapman University,…
Obama’s Legacy: Adults Living with Their Parents
There’s a bright side to the upcoming presidential election, even if you dislike both candidates—it will bring an end to the Obama administration. That may seem like a harsh assessment,…
Obamacare in Massachusetts: $1 Billion Cost, Fewer Insured
The big news last week, if you believe it, is that the Affordable Care Act (aka, Obamacare) has reduced the number of Americans who do not have health insurance to…
The Neverending Story
Why change? It’s been more than five years since The Federal Reserve Board began its quantitative easing program. We’ve had QE, QE 2, Operation Twist and the never-ending QE 3. …