Saturday, February 22, 2014

Frederic Bastiat

I recently ran across two interesting excerpts from Frederic Bastiat. One excerpt was about the socialists and their tactics. The other was about the law and its perversion. Because of their content and relevance, I was shocked to find out they were written more than 160 years ago.


Thursday, February 13, 2014

The Numbers Don't Add Up

The Obama Administration says 3.3 million people have "signed up" for ObamaCare as of the end of January. Of course, the Administration "won't say" how many have actually "fully enrolled by paying for their first month's premium." Best guesses seem to be less than a third.

But let's be generous and pretend all have actually paid and are therefore genuine enrollees into the program. How many of those are among the uninsured the ObamaCare law (formally named the "Patient Protection and Affordable Care Act") was supposed to help? Not many, it appears. The best estimates seem to say just 11% of the actual enrollees were previously uninsured; the rest lost their insurance because of ObamaCare.

That means the entire country has been put through this incredible set of problems — and will be put through so much more in the next couple of years — to aid something like just 1% (that's 1 percent — one one-hundredth) of the people the ObamaCare proponents claimed this new law was for — just something like 360,000 people if we are exceptionally generous!

In other words, the Obama Administration's ObamaCare numbers don't add up. It really sounds like this law is a complete disaster. Maybe that's why even the insurance companies may pull out from ObamaCare.

UPDATE: Actually, it's worse than that. They started out telling us we had to pass and implement ObamaCare because there were 30 million people in this country without insurance. Now the Congressional Budget Office (CBO) tells us there will still be 30 million people without insurance after ObamaCare is fully implemented. That sounds like a complete failure to me.

And please remember the fact that giving everyone insurance doesn't necessarily help them get medical care. This bill does nothing to create one additional doctor, nurse, clinic, or hospital. In fact, it's driving many of all these out of the medical profession. That's not a success by any measure.

Monday, February 10, 2014

... the content of their character

I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.
    — Martin Luther King, 28 August 1963