Tuesday, September 15, 2009

QUOTE OF THE DAY

"Socialists can provide shelter, fill your belly with bacon and beans, treat you when you're ill, all the things that are guaranteed to a prisoner or a slave." - Ronald Reagan

As the young and the belligerently idealistic continue to push toward anything that smacks of overthrowing capitalism and ushering in the imagined golden era of socialism, despite all its past and present failures, preferably under the banner of its anointed one, the rules of the game only grow fuzzier while the strategies turn nastier. If only I had been more politically awake during the Reagan years.

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Saturday, October 25, 2008

HEALTH INSURANCE BAIT AND SWITCH



ONE UNDERREPORTED STORY of this election is how heavily John McCain has been damaged by Barack Obama's television ad assault on his health-care plan. A lot of voters seem to believe the Democrat when he says that Mr. McCain wants to deny them coverage or bankrupt them with crushing hospital bills.

Mr. McCain has himself to blame for not defending his own reform ideas, during the debates and in TV ads, against attacks that have been misleading when not flat-out false. Even so, Mr. Obama's tactics are especially cynical because his own health-care advisers support plans much like Mr. McCain's. Or at least they did before joining up with Mr. Obama.

Put simply, the McCain plan seeks to remedy a distortion in the health-care market that economists have spent decades begging politicians to fix: The tax code subsidizes insurance only if it is provided through employers. Individuals can't take the same tax deduction for buying insurance that businesses can. So Mr. McCain wants to "spread the wealth" of these tax breaks to individuals of any income through a refundable tax credit, no matter where they get coverage.

"The fact that the tax subsidy, which supports the employer-sponsored system, is better than nothing is a feeble excuse for resisting any changes to the status quo." That's not John McCain's judgment. It's a quote from Jason Furman, who happens to be Mr. Obama's economic policy director. In a cri de coeur published in the journal Democracy in 2006, Mr. Furman implored fellow Democrats and other progressives to confront "a critical missing link" in their health ideology—the same link his boss now spends most of his time demagoguing.

Read the entire Wall Street Journal report.

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Monday, October 20, 2008

HAWAII ABORTS UHC PLAN

ETHONOLULU – Hawaii is dropping the only state universal child health care program in the country just seven months after it launched, and for rather predictable reasons.

Linda Lingle
Gov. Linda Lingle's Republican administration cited budget shortfalls and other available health care options for eliminating funding for the program. A state official said families were dropping private coverage so their children would be eligible for the subsidized plan. State officials said Thursday they will stop giving health coverage to the 2,000 children enrolled by Nov. 1, but private partner Hawaii Medical Service Association will pay to extend their coverage through the end of the year without government support.

"People who were already able to afford health care began to stop paying for it so they could get it for free," said Dr. Kenny Fink, the administrator for Med-QUEST at the Department of Human Services. "I don't believe that was the intent of the program."

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