Wednesday, August 8, 2012
Good advice from anybody
Wednesday, May 9, 2012
Sunday, November 27, 2011
Tea Party debate in 1980?
Saturday, July 2, 2011
Sunday, May 8, 2011
Rent control woes
Thomas Sowell has long complained about rent control in San Francisco and elsewhere.
It is the same story when housing prices are controlled by government. Rent control has allowed some people to take up more housing space than they would if they had to pay the full price that reflects other people’s demand for housing.I like this line:
The net result, whether in New York or San Francisco or elsewhere, is a lot of apartments with just one person living in each, and lots of families who cannot find a vacant place to move into. Housing shortages have resulted from rent control in cities around the world.
Housing shortages mean that some people are forced to live far from their jobs and commute, and some become homeless on the street. Homelessness tends to be greater in cities with rent control — New York and San Francisco again being classic examples.
Economists have long been saying that there is no free lunch but politicians get elected by promising free lunches. Controlling prices creates the illusion of free lunches.
Tuesday, November 23, 2010
Friday, November 5, 2010
New Deal or Raw Deal?
Monday, August 23, 2010
Tuesday, January 5, 2010
Tuesday, December 1, 2009
Here is a math problem for you: Assume that the legislation establishing government control of medical care is passed and that it "brings down the cost of medical care." You pay $500 a year less for your medical care, but the new costs put on employers is passed on to consumers, so that you pay $300 a year more for groceries and $200 a year more for gasoline, while the new mandates put on insurance companies raise your premiums by $300 a year, how much money have you saved?
Tuesday, November 3, 2009
The Cost of Medical Care
And: "Despite all the demonizing of insurance companies, pharmaceutical companies or doctors for what they charge, the fundamental costs of goods and services are the costs of producing them."
Tuesday, October 27, 2009
Telling it like it is
Nothing so epitomizes President Obama's own contempt for American values and traditions like trying to ram two bills through Congress in his first year-- each bill more than a thousand pages long-- too fast for either of them to be read, much less discussed. That he succeeded only the first time says that some people are starting to wake up. Whether enough people will wake up in time to keep America from being dismantled, piece by piece, is another question-- and the biggest question for this generation.
Tuesday, September 15, 2009
Tuesday, August 25, 2009
Thursday, August 20, 2009
Wednesday, August 19, 2009
An Ugly Truth
Medical care is not a right, it has to be paid for like everything else; it is produced by limited resources. As the demand for something increases, costs will go up. Obama's objective is to expand health care services, but he also promises to hold down costs. But the law of supply and demand is still valid, and costs will rise. The only way government can contain costs is to refuse to pay for services. Your 80-year-old grandmother may not get that needed hip replacement. That’s called rationing. Supporters of ObamaCare don’t like to hear that word. They don’t like to face an ugly truth. But evidently they will not balk at denying your grandmother whatever they feel she doesn’t need, which some panel somewhere will decide. See The Ugly Truth of Obamacare. And Thomas Sowell's Alice in Medical Care.