October 11, 2009
Britain's Central Planning Death Panels
October 11, 2009
Free Market M.D.
October 11, 2009
Economies of Scale in Compliance
October 11, 2009
Balan's Challenge
October 10, 2009
The Pleasure of Telling Others What to Do
October 10, 2009
Gonick the Great - and How He Could Have Been Greater
October 9, 2009
More Scott Sumner
October 9, 2009
Not From The Onion
October 9, 2009
Thoughts on a Second Stimulus
Yes, $14.5 billion already spent on medicaid is clearly much of the $498 billion stimulus package.
It is neat how you blame CNN for the report so when people see how misleading it is you can deny responsibility.
I only wish somebody would listen. People demand their right to health care/medical care. But as Medicare/Medicaid expands it will continue to eat away at private insurance which will continue to put further downward pressure on us in the medical care industry.
I doubt this debate can be reversed.
Spencer: Read the article Arnold cites. SO FAR, the government has only spent $14.5 billion of the monies appropriated. 3 months ago we were told that if the bill wasn't passed RIGHT NOW, the skies would fall in on us. Save for the pig flu, many people are feeling a bit better, despite the fact that none of the porkulus has been spent on roads, bridges, or other stimulatory stimuli.
Of course, one could reasonably argue that expectations of receiving stimulus funds in the future would be almost as good for restoring the "animal spirits" as getting cash money today. But then one would have to defend against the argument that expectations of higher future tax rates would not reverse all or most of the benefit.
I don't want to be a negative Nellie, but the engineering of that podcast is really poor. I had to crank my volume way up, and it even sounds like I'm listening through a wall.
I enjoyed the content, but I had to fight for it.