...you believe that any use of the death penalty is immoral but consider Che Guevara, who ordered the execution of an estimated 500 prisoners (he was not a good record keeper) while in charge of Castro's La Cabana prison, to be a hero.
NCPA's John Goodman continues to explain ObamaCare's perverse incentives. The full explanation is well worth reading here.
Of all the criticisms that have been leveled at “ObamaCare” over the
past year, the four worst features of the legislation have been almost
totally ignored — by Republicans in Congress, by the national news
media and even by serious economists. So you’re seeing it here first:
People will be required to buy a product whose price will be rising
at twice the rate of growth of their incomes and they will be barred
from doing many of the things needed to control these costs.
A bizarre system of subsidies will disrupt the entire labor market
— causing massive layoffs and, ultimately, a complete restructuring of
A health insurance exchange will give health plans perverse
incentives to attract the healthy and avoid the sick; and after
enrollment, to overprovide to the healthy and underprovide to the sick.
A weakly enforced individual mandate will give people perverse
incentives to game the system — remaining uninsured while healthy and
obtaining insurance only after they get sick; choosing limited-benefit
plans while healthy and scaling up to richer plans after they get sick.
Here's an excellent piece in today's Wall Street Journal by a financial adviser in California. He calls himself a "HENRY" which stands for high earner, not rich yet. He earns a fairly decent, but unpredictable income, yet has financial struggles in large measure due to the very high tax burden he has. And of course, now the Obamacrats want substantially more from him because he's among their "rich" who "take so much of the national income."
Guess what? He doesn't like it. He thinks his tax burden is already too high. "Why should I have to carry so many people on my back?" he writes. "Call me cruel. I don't care. I give to whom I choose -- but since so much is confiscated (and wasted in the process) I have little left I wish to give."
What about the future if taxes keep going up to pay the exorbitant costs of government? "The truly rich will stay that way, but many "Henrys" like me will quit. We may be only a small percentage of the population but we pay a large portion of the taxes and employ many. If you take the incentives away you will lose Henrys."
Does it occur to Obama, Pelosi, and their ilk that if you keep raising taxes to "spread the wealth around," there will be a lot less wealth created? Evidently not.
Today's editorial attacking the state policy banning flag poles on the Capitol is spot-on.
In the absence of a real threat, governmental restrictions on speech
should be as rare and light as possible. After all, protests (of
whatever political flavor) aren't some occasional annoyance to be
tolerated - they're what the original tea partiers, Boston harbor
edition, were all about.