Commentary

Business & Economics

California’s sprawling welfare system carded, but not reformed

Last year, a Los Angeles Times investigation revealed that California welfare “clients” were using their Electronic Benefits Transfer (EBT) cards to spend millions at casinos and on cruise ships to hardship destinations such as Rio de Janeiro. Californians will be interested to know what the state did to counter this ...
Business & Economics

Left Wins Redistricting

As someone who chronicles the political goings-on in California, I rarely offer encouraging news for those who believe in the principles of limited government, fiscal responsibility and individual freedom. Nevertheless, readers frequently implore me to offer some good news. The truth isn’t enough. These folks want to read something positive. ...
California

Grading Jerry Brown’s charter school

In the State Capitol, bills hostile to charter schools, which are deregulated public schools independent of school districts, have snaked their way through the Legislature. If they reach Jerry Brown’s desk, it will be interesting to see what the governor decides to do, since he founded a successful charter school, ...
California

The New Watchdogs

Are newspaper reporters still necessary? When the Los Angeles Times broke the story of corruption in Bell, California, where the city manager was collecting $1.5 million in annual compensation, it felt like vindication for the institutional press and its traditional role. Before Jeff Gottlieb and Ruben Vives filed their stories, ...
Commentary

Political control unhelpful

Faced with spiraling statewide health costs, Massachusetts passed a law in 2008 mandating the state’s attorney general to issue annual reports with recommendations on how to keep a lid on spending. On June 22, Martha Coakley released her latest report, which recommended that the state impose price controls on medical ...
Business & Economics

California Welfare Gets Carded but Not Reformed

Last year a Los Angeles Times investigation revealed that California welfare “clients” were using their Electronic Benefits Transfer (EBT) cards to spend millions at Las Vegas casinos and on cruise ships to hardship destinations such as Rio de Janeiro. Working Californians will be interested to know what the state did ...
Commentary

Why Don’t Health Insurance Exchanges Work?

A previous entry reported and discussed the lackluster — basically non-existent — results of the Utah Health Exchange, and promised to explain why unsubsidized exchanges are unlikely to attract significant numbers of beneficiaries from the small-group market. The answer, I believe, is pretty straightforward: The administrative costs of operating an ...
Commentary

Senior Citizens Will Pay Dearly For Health Care Price Controls

Squabbles over spending cuts have ruled the negotiations over increasing the debt ceiling. But even after the ink is dry on the budget deal just passed, lawmakers will still be charged with reducing federal spending further. One proposal that refuses to die would impose price controls on prescription drugs in ...
Commentary

Give Parents a Choice

President Obama’s new push for universal government-run preschool may not be what parents and children want or need. A major 2005 study by Stanford and the University of California, Berkeley gathered data from more than 14,000 kindergarteners, their parents and teachers, and measured social behavior and skills, like aggression and ...
Commentary

How ObamaCare Threatens Solvency Of Health Insurers

One of the most remarkable outcomes of ObamaCare is how the stock market has treated commercial health plans, which have rallied significantly. In the two years between the 2008 and 2010 elections, the Morgan Stanley Healthcare Payors’ Index rallied 26% (annualized), vs. only 9% for the S&P 500. Outperformance increased ...
Business & Economics

California’s sprawling welfare system carded, but not reformed

Last year, a Los Angeles Times investigation revealed that California welfare “clients” were using their Electronic Benefits Transfer (EBT) cards to spend millions at casinos and on cruise ships to hardship destinations such as Rio de Janeiro. Californians will be interested to know what the state did to counter this ...
Business & Economics

Left Wins Redistricting

As someone who chronicles the political goings-on in California, I rarely offer encouraging news for those who believe in the principles of limited government, fiscal responsibility and individual freedom. Nevertheless, readers frequently implore me to offer some good news. The truth isn’t enough. These folks want to read something positive. ...
California

Grading Jerry Brown’s charter school

In the State Capitol, bills hostile to charter schools, which are deregulated public schools independent of school districts, have snaked their way through the Legislature. If they reach Jerry Brown’s desk, it will be interesting to see what the governor decides to do, since he founded a successful charter school, ...
California

The New Watchdogs

Are newspaper reporters still necessary? When the Los Angeles Times broke the story of corruption in Bell, California, where the city manager was collecting $1.5 million in annual compensation, it felt like vindication for the institutional press and its traditional role. Before Jeff Gottlieb and Ruben Vives filed their stories, ...
Commentary

Political control unhelpful

Faced with spiraling statewide health costs, Massachusetts passed a law in 2008 mandating the state’s attorney general to issue annual reports with recommendations on how to keep a lid on spending. On June 22, Martha Coakley released her latest report, which recommended that the state impose price controls on medical ...
Business & Economics

California Welfare Gets Carded but Not Reformed

Last year a Los Angeles Times investigation revealed that California welfare “clients” were using their Electronic Benefits Transfer (EBT) cards to spend millions at Las Vegas casinos and on cruise ships to hardship destinations such as Rio de Janeiro. Working Californians will be interested to know what the state did ...
Commentary

Why Don’t Health Insurance Exchanges Work?

A previous entry reported and discussed the lackluster — basically non-existent — results of the Utah Health Exchange, and promised to explain why unsubsidized exchanges are unlikely to attract significant numbers of beneficiaries from the small-group market. The answer, I believe, is pretty straightforward: The administrative costs of operating an ...
Commentary

Senior Citizens Will Pay Dearly For Health Care Price Controls

Squabbles over spending cuts have ruled the negotiations over increasing the debt ceiling. But even after the ink is dry on the budget deal just passed, lawmakers will still be charged with reducing federal spending further. One proposal that refuses to die would impose price controls on prescription drugs in ...
Commentary

Give Parents a Choice

President Obama’s new push for universal government-run preschool may not be what parents and children want or need. A major 2005 study by Stanford and the University of California, Berkeley gathered data from more than 14,000 kindergarteners, their parents and teachers, and measured social behavior and skills, like aggression and ...
Commentary

How ObamaCare Threatens Solvency Of Health Insurers

One of the most remarkable outcomes of ObamaCare is how the stock market has treated commercial health plans, which have rallied significantly. In the two years between the 2008 and 2010 elections, the Morgan Stanley Healthcare Payors’ Index rallied 26% (annualized), vs. only 9% for the S&P 500. Outperformance increased ...
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