Homines libenter quod volunt credunt
Posted in Corporatism, Socialism on Feb 26th, 2009
Our first glimpse is here. Some highlights (lowlights): Spending $2.4 trillion on “health care” by Americans is not enough. And apparently neither is spending an additional $1.2 trillion to get the uninsured covered. Read closely how he intends to spend that money. And this is all before he turns the entire health system into Mediscare. […]
Posted in You Can't Have it Both Ways on Feb 26th, 2009
I summarize via Greg Mankiw: Tim Geithner to China: “Stop manipulating your currency. You are keeping its value too low. When you do that, it makes Americans want to take dollars and buy Chinese goods that they otherwise would not want to buy. We don’t like how you do it … you “sell” your currency […]
Posted in Government Gone Wild on Feb 26th, 2009
Think again. Obama mentioned “universal accounts” in his coverage of social security last night and I am surprised the blogosphere has not picked up on this more. This is probably Gene Sperling’s idea and the key question is how much is “carve out” from existing benefits and how much is “add on.” In any case […]
