January 22, 2018

Archives for March 2012

Obamacare before the Supreme Court: “The Emperor Has No Clothes!”

In a case of “the Emperor has no clothes,” the justices played the part of the skeptic to the Obama Administration’s protestations of Obamacare’s constitutionality. With the oral arguments on constitutionality of the Affordable Care Act over, let’s take a look back at the reactions to the arguments: [cont…]

Huffington Predicts the Demise of Obamacare

[h/t Aaron Bludworth]                  

Obamacare Proponents Brace for Supreme Court Smackdown

In the days leading up to the Supreme Court oral arguments on the constitutionality of President’s Obama’s signature health care law, there was no end to the media speculation about which conservative leaning justice(s) would leave the dark-side and vote to uphold Obamacare. We were treated to a barrage of statistics touting the popularity of Obamacare, reminders that Republicans had supported mandates in the past and other specious arguments that have no bearing on the constitutionality of the law. Self-assured Progressives, it seemed, had little concern that socialized medicine was in any danger. [cont…]

Economics simplified…a lot.

Brought to you by NPR, three minimalist posters designed by economists.

McNaughton’s “One Nation Under Socialism” Harms Political Discourse

I’m embarrassed that the likes of Jon McNaughton are helping raise Utah’s profile nationally. Depicting Barack Obama in terms that are just short of demonic, McNaughton is harming more than hurting. Perhaps the purpose of art is to shock and persuade, but subtlety is lost on McNaughton as he uses art like a 2×4 to hit his viewers over the head with his opinions. Playing on fears and anxieties that are real, McNaughton distracts from the important educational process that is necessary to create an informed public . [cont…]

Manufacturing Bad Ideas

Presidential elections invariably turn out half-thought economic proposals. One current hot policy ticket is lavish tax advantages for manufacturers, presumably in hope of priming employment growth (and votes). President Obama, for example, proposes to reward manufacturing companies with a mix of tax credits and subsidized loans (i.e., politically directed credit). On the other side, Rick Santorum would absolve manufacturers from federal income tax altogether (i.e., politically directed credit, but through the US Treasury’s back door). Mitt Romney vows that “getting tough” on China will bring more work back to the shop floor (i.e., diplomatic bluster punctuated by a few WTO arbitrations). Slick stuff. But none of the contenders bother to articulate why singling out manufacturing for special treatment makes economic sense, especially for the rest of us. [cont…]

Book Review: “Grand Strategies: Literature, Statecraft, and World Order” by Charles Hill

IIn Hill’s eye, fiction is more than just a story. In literature, we see the great ideas and forces that move history worked out, argued, and recorded. The “international world of states and their modern system is a literary realm,” he argues. “[I]t is where the greatest issues of the human condition are played out.” Nothing may come closer to a thesis for his opus. [cont…]