What’s New
Why Are There Drug Shortages?
In testimony before the U.S. Senate Committee on Homeland Security and Governmental Affairs, John Goodman says we have drug shortages because FDA policy is forcing a race to the bottom on all product attributes other than price.
Medicaid Expansion: Expensive, Ineffective, and Damaging to Existing Healthcare Infrastructure
Expanding the Medicaid entitlement can lay waste to a state’s budget and damage its health infrastructure, reducing both the quality and quantity of medical care available to those who both pay for Medicaid and for their own medical care.
How Much Do We Owe?
Social Security’s Massive Malfeasance
America’s Fiscal Gap
That’s the difference between the federal government’s spending commitments and its income – looking indefinitely into the future. Closing the gap through time requires an immediate and permanent 41.3 percent increase in all federal taxes or an immediate and permanent 35.3 percent cut in all non interest federal spending. More
What Congressional Republicans are Getting Wrong
When John F. Kennedy won the presidency in 1960, he won the majority of white voters who didn’t have a college degree. But he lost white college graduates by a two-to-one margin. The numbers were almost exactly reversed for Joe Biden.
Cashing In on Climate Change Subsidies: It Helps to Be Rich
Somini Sengupta of the New York Times has candidly shared an analysis of “how to get government aid to ditch fossil fuels.” Here’s a sample (Sengupta cites research by two colleagues). “How do you cash in?” she asks.
Why the Covid Pandemic Emergency Needs to End
By repeatedly extending the pandemic emergency every 90 days, the Biden administration has expanded the number of households eligible for food stamps and dramatically increased average benefits, more than doubling food-stamp spending. The administration has used the...
Social Security Benefits: Heads They Win, Tails You Lose
House Republicans – Raise the Debt Limit, But Stick to Your Fiscal Guns. Our Country Is Dead Broke!
Our country’s fiscal gap is 7.7 percent of GDP. This means we need to collect 7.7 percent more in taxes, every year starting now, to cover all the future spending the CBO projects. Alternatively, we need to immediately and permanently lower the path of federal spending by 7.7 percent of each future year’s GDP. Or we can do neither of these things and dig an even deeper hole for our kids. More