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.
From the “more is better” school of thought comes the idea that more of anything, including healthcare treatments is better, yet studies show that ‘overtreatment’ of incurable diseases has sometimes worked to the detriment of patients. They are being over-treated up to the point of death. Whether those treatments are patient- or doctor-driven is another question.
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.
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.
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.
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.
Kathy Myers from Niles, Michigan, in Berrien County, first hurt her shoulder a month ago when she stated her 80-pound Labrador retriever yanked her right arm backwards. Feeling a pop in three places around her collarbone, the injured Myers could not get the treatment she needed — despite her chronic pain — because she had no health insurance.
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.
“In selling the health care overhaul to Congress, the Obama administration cited a once obscure research group at Dartmouth College to claim that it could not only cut billions in wasteful health care spending but make people healthier by doing so,” write Reed Abelson and Gardiner Harris in the New York Times.
When the U.S. financial system went into cardiac arrest in 2008, most Washington politicians raced to the nearest microphone to declare that one of the most heavily regulated sectors of the economy was suffering not from an excess of regulation and artificial stimulation but from an excess of capitalism. They proposed, and enacted, numerous additional regulations and so-called stimulus plans to rectify the situation.
A new Rasmussen poll has found that “Support for repeal of the new national health care plan has jumped to its highest level ever.” Sixty-three percent of likely voters now want a repeal of the Obamacare law, according to the poll conducted May 22–23. “Prior to today,” Rasmussen announced that “weekly polling had shown support for repeal ranging from 54% to 58%.”