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That Took No Time At All: Part II
By: Benjamin Zycher, Ph.D
11.30.2010
The Hill now reports that its earlier story on Congressman Eric Cantor’s backpedaling on repeal of Obamacare was incorrect. He does not seek to preserve the proscription on exclusion of patients with preexisting conditions or the provision allowing 26-year-olds to remain on their parents’ policies. No indeed: Cantor continues to favor a full repeal of Obamacare.
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Most Americans Happy with Health Care they Have Now
By: Jeffrey H. Anderson, Ph.D
11.23.2010
There's nothing like the yellow, dying grass on the other side of the fence to make you appreciate what you already have. In that spirit, and with the prospect of Obamacare looming, a new Gallup poll shows that fully 40 percent of Americans now rate their health care as "excellent," the highest tally registered by Gallup in the past decade. And by a margin of greater than 5 to 1 (82 to 16 percent) Americans now rate their health care as "excellent" or "good" rather than "fair" or "poor" (with only 4 percent describing their care as "poor").
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U.S. Health Care and U.S. Productivity: A Dissent
By: John R. Graham
11.17.2010
One of the great myths about American society is that our lack of a "universal" health plan harms our competitiveness. The masters of this refrain, of course, are the American automakers. Years before driving themselves into bankruptcy and the unwelcoming arms of their new owners, the American taxpayers, they used to claim that they spent up to $1,600 per car on health care. This was more than they spent on steel, and a multiple of what they claimed their foreign competitors spent. Yet we don't hear Mark Zuckerberg complaining that Facebook's health care costs are preventing him from competing against foreign social-media businesses.
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Obamacare 'Rule,' 347 Pages, 118,072 Words
By: Jeffrey H. Anderson, Ph.D
11.17.2010
Providing a strong indication of how personal, accessible, understandable, user-friendly, customer-service-oriented, and not at all posthuman your health care would be under Obamacare, the Department of Health and Human Services (HHS) has just released a 347-page, 118,072-word "rule" to implement parts of Obamacare affecting Medicare Advantage and the Medicare prescription drug benefit program. In comparison, the entire United States Constitution, including all 27 amendments, contains 7,640 words. So the "rule" is more than 15 times as long as the Constitution.
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U.S. Health Care and U.S. Productivity
By: John R. Graham
11.17.2010
One of the great myths about American society is that our lack of a “universal” health plan harms our competitiveness. The masters of this refrain, of course, are the American automakers. Years before driving themselves into bankruptcy and the unwelcoming arms of their new owners, the American taxpayers, they used to claim that they spent up to $1,600 per car on health care. This was more than they spent on steel, and several times what they claimed their foreign competitors spent. In her well-received book Who Killed Health Care?, Prof. Regina Herzlinger of Harvard Business School claims that these complaints are inflated (pp. 104-105).
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Serious Proposals to Reduce Debt
By: Jeffrey H. Anderson, Ph.D
11.15.2010
The recently released draft proposal from the federal debt commission offers some useful ideas for reducing runaway federal spending on health care. Even a committee comprising two-thirds Democrats is suggesting tort reform to curb wasteful malpractice lawsuits (Obamacare would do nothing about these), which the CBO says would save $64 billion in federal spending by the end of 2020 – in addition to what it would save Americans as a whole in lowered health costs, as doctors wouldn't feel so compelled to practice wasteful defensive medicine. And the committee's suggestion to increase nominal Medicaid co-pays would save an estimated $15 billion – and probably more so, as beneficiaries would then have at least some additional skin in the game.
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Art Laffer: Jerry Brown was California’s best governor
By: Brian Calle
11.11.2010
Reagan-era advisor and creator of the “Laffer curve” in economic theory Art Laffer gave the keynote address at the Pacific Research Institute’s annual dinner gala tonight in San Francisco. During a substanative tutorial on economic theory, taxation and government monetary policy Laffer, during the portion of the program that involved audience questions, called governor-elect Jerry Brown “this best governor California ever had” because of his economic policies.
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Obamacare's Popularity Hits All-Time Low
By: Jeffrey H. Anderson, Ph.D
11.9.2010
The November Kaiser Health Tracking Poll shows that President Obama's health care overhaul has now hit a lower level of popularity than at any previous time in his presidency. Kaiser writes, "Just a quarter of the public (25 percent) now says they expect their own families to be better off under the health reform law, which is the lowest share since KFF [Kaiser Family Foundation] began tracking this question." Kaiser notes that it began tracking the question in February of 2009, just weeks after President Obama's inauguration.
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Prices in Health Care
By: John R. Graham
11.9.2010
Does anyone think that homes, cars, groceries, clothing, etc., would be more affordable if the government instituted a “single-payer” system and exercised it’s monopsony power, hiding the actual prices from consumers?
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On the Republican Alternatives to Obamacare
By: John R. Graham
11.5.2010
With the glow of victory still fresh, it's a little unseemly to criticize the Republicans already on their alternatives to Obamacare. But we would not be in the fix we are today if a previous Republican regime had reformed (or eliminated) the employer-based exclusion of benefits from taxable income.
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The basic premise of AB32 fails a grade-school math test
By: Kelly Gorton
11.2.2010
According to T.J. Rodgers, the founder and CEO of Cypress Semiconductor. "I know firsthand about green jobs. SunPower Corp., a company I chair and the second-largest U.S. producer of solar cells, has produced about 800 green jobs in California. But that's just a fraction of the 4,700 jobs lost when Toyota pulled the plug on its local Nummi automotive plant due to the high cost of doing business in California."
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