Current Affairs

"Obamacare's Backfire"

Ironman at Political Calculations performs a simple analysis that yields an interesting conclusion:

Beginning in 2014, millions of lower income-earning Americans became eligible to have fully government-subsidized health insurance coverage through the U.S. government's Medicaid welfare program thanks to the expansion of eligibility for that program provided for by the Affordable Care Act (ACA), which is more popularly known as Obamacare. Unfortunately, that expanded access to health care may very well have caused an increase in death rates due to drug overdoses in the United States to such a degree that the overall estimated life expectancy of Americans has declined.

He explicitly states that a richer analysis should consider possible confounders. But this is a fine start.

Related: "How the feds are fueling America’s opioid disaster".


"We're In Denial About Growing Administrative State"

Bad news:

Aside from excessive meddling, the other big complaint against regulation is that it hurts the economy. No one really knows by how much, but "there is ample evidence that regulation has expanded and that this expansion has limited economic growth," as Ted Gayer and Philip Wallach of the Brookings Institution recently wrote. One study estimates that regulation has shaved 0.8% off the U.S. annual growth rate which — if confirmed by other studies — would be huge.

Related:

"Congress must stop death by decree: The biggest restraint on economic growth is federal red tape".

"Deconstructing the Administrative State"

Some possible approaches to improving matters:

"Trump Wants to Deconstruct the Regulatory State? Good. Here’s How You Start".

"A Blueprint for Reforming the Federal Government".

Confirming Gorsuch to the Supreme Court could well help: "Gorsuch’s Collision Course With the Administrative State".


"The Limits of Hasbara: A sober look at just who is lining up against Israel and why."

Nicely argued. Key bit:

When it comes to Jews, anti-Semitism generates the absurd. If you think capitalism is evil, you can focus on the “international banking conspiracy” led by the Rothschilds. If collectivism offends you, there is always Karl Marx to be the focus of your wrath, not to mention the Soviet revolution led by such “Jews” as Lenin and Stalin.

The Arab/Israeli dispute is not about land, settlements, green lines, or roadmaps. It is about Jews.

 When Jordan’s King Hussein occupied the West Bank, no one spoke of occupation or the need to create a democratic, secular state of Palestine. If the Israelis were Muslims, the world would no more care about what they did than it cares about Iran’s control of Sunni Arabs in its western provinces, China’s occupation of Mongolia, or Turkey’s partition of Cyprus.