The American economy is in a state of malaise. Stock and real estate prices have plummeted from their peaks in recent years, people have collectively lost trillions of dollars, major companies have gone bankrupt, and unemployment numbers remain high. Undoubtedly, many students are lying awake
The debate about today’s increasing push for government expansion focuses exclusively on cost, without evaluating whether such expansion is morally proper.Imagine a negotiation like one commonly seen at an auto dealership. The seller pitches a price; the buyer complains it’s too high. They fiercely consult
President Obama and those who espouse his proposals for health care reform often present seemingly compelling arguments for why the government should dig its fangs deeper into medicine. They argue that the quality of care in America is far below that of Canada and Britain,
From the beginning, most commentators agreed that this recession was caused by a failure of the free market. But an important fact that seems to have been forgotten is that America is not a free market. The government is active in every industry-from health care to
In speeches and press releases, the president has claimed that by assuming greater control over the health care industry, the government will be able to reduce the amount of money Americans spend on health care—while simultaneously improving the quality of care they receive. How do President
What do liberal New York Times' contributors do when the percentage of GDP consumed by ever-increasing government spending grows too large to ignore? They replace GDP with a new measurement, of course. One which includes such non-quantifiable values as “ecosystem services” and “regulation of our climate on
Of the many specials on health care that have been taking place these past few weeks, this recent PJTV forum should be singularly commended for daring to ask of our political leaders the one question upon which the whole concept of government health care rests:
On Friday, June 26, the House passed a Climate Change Bill that will “require the U.S. to reduce carbon dioxide and other greenhouse gas emissions by 17 percent from 2005 levels by 2020 and by about 80 percent by mid-century.” While some politicians complain that this
The Washington Post recently reported that the federal government has changed the rules of the $1 trillion program to relieve banks of toxic assets. President Obama’s administration is back-pedalling on promises it made to financial institutions only a month ago that they would not face
Today's economy faces a long list of problems. We hear daily about high gas prices and inflation, of a battered stock market, of a growing number of people unable to afford their mortgages, even of banks failing and huge companies facing bankruptcy. What explains this