The U.S. has been on an unsustainable fiscal and financial path for a long time. We are beginning to see the inevitable result.
California’s extreme drought will force rationing of water or higher prices, say John McKenzie and Richard McKenzie. Raising water prices has a great advantage: “Higher water prices can increase the state’s available water supply—without additional rainfall or...
Pressuring plastic producers to recycle their products has gone on for decades. But two writers at the Atlantic have now concluded, “Plastic recycling does not work and will never work.” In the U.S. in 2021 only 5 percent of all post-consumer plastic was recycled. Furthermore, they say that the plastic producers deny this and those denials are “reminiscent of” the tobacco companies in making false claims. (For years, many tobacco firms rejected the idea that cigarettes caused cancer.)
The basic idea: take all the spending and tax subsidies we now provide to private health insurance and use that money to give every American not on a government health plan a refundable tax credit. This money could be used to purchase health insurance and make deposits to Health Savings Accounts, from which people could purchase health services directly. Rep. Pete Sessions has a bill that would do just that. More
Buy now. Houses, like most physical assets, retain their real value during high inflation and have done far better than most such assets. Plus, if you buy a primary residence now and home prices fall, you won’t be affected unless you need to sell. As long as you have a stable job, can manage your mortgage, and don’t need to move anytime soon, a short-term drop in housing prices isn’t a concern.
When Barack Obama ran for president in 2008, health care was a major issue. Although many on the left were advocating single-payer, national health insurance, Obama pledged private health insurance reform instead.