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Category Archives: Economics
If You Don’t Work, You Die
Thoughts from Sarah Hoyt on incentives.
ObamaCare
The ACA, to put it gently, is already on shaky ground. Just last week, for example, the LA Times reported that UnitedHealth, the nation’s largest insurer, is dropping out of California’s individual market. Similarly, Blue Cross Blue Shield will not participate in the exchanges in Iowa and South Dakota in 2014. And the WSJ puts the delay of the employer mandate in its discouraging context. Along with the Supreme Court ruling that invalidated the Medicaid expansion (28 states haven’t yet agreed to expand) and the refusal by many states (over 30) to set up their own health exchanges, the delay is the third major challenge to the central goal of the law: expanding access to insurance.
“You’ve got three body blows toward expansion of coverage,” said Paul Keckley, executive director of the Deloitte Center for Health Solutions, a research unit of Deloitte LLP. “It’s three punches in a row.”
Ultimately, this will be decided in sixteen months. Without RomneyCare to muddy the waters, it will be a much better issue for Republicans.
The Mystery Of The Missing Toothpaste
I’ve wondered this for years: why do we get shampoo, but not toothpaste in hotel rooms?
It really does seem to be a true market failure, and one that’s become more acute since the stupid new TSA rules about carrying such things in carry ons.
Peak-Oil Blogging
…has peaked.
Now, let’s hope the same happens to climate-hysteria sites.
The Lawless Rolling Train Wreck That Is ObamaCare
The Affordable Care Act’s Section 1513 states in black-letter law that “(d) Effective Date.—The amendments made by this section shall apply to months beginning after December 31, 2013.” It does not say the Administration can impose the mandate whenever it feels it is politically convenient.
This selective enforcement of laws has become an Administration habit. From immigration (the Dream Act by fiat) to easing welfare reform’s work requirements to selective waivers for No Child Left Behind, the Obama Administration routinely suspends enforcement of or unilaterally rewrites via regulation the laws it dislikes. Now it is doing it again on health care, without any consultation from, much less the approval of, Congress. President Obama probably figures business and Republicans won’t object because they don’t like the law anyway.
Probably. But it’s a mess, and it’s only going to get worse.
America 3.0
On the anniversary of the birth of America 1.0, Michael Barone reviews a timely new book.
ObamaCare
It’s so popular that it had to be passed in the dead of night and delayed for two elections.
[Update a few minutes later]
“The best delay for ObamaCare is a permanent one.”
Also, suckers!
Insect-Sized Drone Assassins
What is the political equilibrium?
One thing I can imagine is setting up a defensive perimeter around yourself with your own swarm of them. But that’s the kind of world that lies ahead, absent a technological collapse (which would be even more horrible).
Raising the Minimum Wage
…and destroying an economy.
But gee, it seems like such a good idea. If you’re economic ignoramus, that is.