Category Archives: Business

ObamaCare

We told you so:

Obamacare, as constructed, attempted to fix a dysfunctional health care payment system by creating an even more complicated system on top of it, filled with subsidies, coverage mandates, and other artificial government incentives. But its result has been a system that plucked Americans out of coverage they like and forced them to pay more for less.

Now the insurers are beginning to realize that in spite of all the subsidies and mandates working in their favor, and despite all of the cost-cutting they have had to do at the expense of consumers, they just can’t make money in this system.

Of course, it was designed to fail, to provide a political glide path to single payer.

The 97% Number That Won’t Die

The problem is that the issue is not whether or not “humans are causing global warming.” I can concede that there is a good possibility of that, and it still has zero implications for policy, absent quantification with sufficient confidence levels, which remain lacking.

[Afternoon update]

“Climatologists will say that the way the question is worded depends on whether they are included,” Morano said. “We have many skeptical scientists included as the 97 percent because of the way the questions [in surveys] are asked are so vague and broadly worded.”

Yup.

Gregg Easterbrook

I’ve had my differences with him over the years, but he has a piece in the WSJ with which I basically agree. I’d say the only thing he gets wrong was that it was Apollo itself that set us on the wrong path. The Shuttle was just a symptom of Apolloism.

[Behind the paywall, but do a Google search for “Mission to Nowhere” and it should come up]