The 2009 economic stimulus package has largely been a bust. However, one sector of the economy that should be seeing robust growth is the medical software industry because the stimulus law requires all Americans’ medical records to be stored electronically and made available in that form to all healthcare providers and, in some instances, to the federal government — all by 2014.
So much for President Obama’s executive order banning federal funding of abortions under ObamaCare. Two states, Pennsylvania and Maryland, have now accepted federal funds for high-risk insurance pools, and both offer significant abortion coverage.
Every First Lady, it seems, has to have a cause. Lady Bird Johnson had her beautification program. Nancy Reagan had “Just Say No” to drugs. Michelle Obama’s cause of choice (or perhaps of focus groups) is childhood obesity.
Pharmaceutical manufacturer SmithKline Beecham, now GlaxoSmithKline, found in a 1999 study that its diabetes medicine, Avandia, posed serious heart attack risks — then buried the study for the next 11 years, according to the New York Times, which recently obtained documents related to the study and the cover-up.
Economist Robert Higgs wrote a paper in 1997 arguing that “regime uncertainty” — “a pervasive uncertainty among investors about the security of their property rights in their capital and its prospective returns” owing to the constant barrage of regulation emanating from the Franklin Roosevelt administration and its bureaucracies — was a significant contributor to prolonging the Great Depression. Investors were skittish about putting their money to work when they didn’t know what new, destructive government policies the next day might bring, so they just sat on all that capital. Without capital investment, the economy ground to a halt.
President Barack Obama signed the Patient Protection and Affordable Care Act, better known as ObamaCare, into law on March 23. Immediately several U.S. Representatives and Senators introduced bills to repeal this unconstitutional government intrusion into the healthcare system; some had even introduced their bills before Obama had affixed his signature to the act.
Though a recently released report by House Minority Leader John Boehner (R-Ohio) does a fairly thorough and convincing job of contrasting the reality of ObamaCare with Democrats’ promises concerning it, the report is much less convincing when it advocates GOP-favored alternatives, which could be described as ObamaCare lite.
House Minority Leader John Boehner (R-Ohio) on June 23 released a report entitled ObamaCare: Three Months of Broken Promises. The 41-page document (PDF) serves simultaneously as an exposé of the lies Democrats told to get ObamaCare passed and as an advertisement for the Republican alternative.
If you think what you put into your body is your business alone, think again. The federal government, run by people who suffer from “the haunting fear that someone, somewhere may be happy” (as H.L. Mencken memorably defined Puritanism), is stepping up its war on Americans’ eating habits.
Want to know if your genes put you at greater risk for heart disease, cancer, or adverse drug reactions? For just $269 you can pick up a genetic testing kit at your local pharmacy and have your DNA screened for these and other potential health issues. But hurry! You must act now because Congress and the Food and Drug Administration may soon slap regulations on the genetic testing industry that could cripple it or send it overseas.