Taxation

Average length of unemployment highest since 1948. – WSJ.com

Tickler Leave a comment

The Bureau of Labor Statistics preliminary estimate for job losses for June is 467,000, which means 7.2 million people have lost their jobs since the start of the recession. The cumulative job losses over the last six months have been greater than for any other half year period since World War II, including the military demobilization after the war. The job losses are also now equal to the net job gains over the previous nine years, making this the only recession since the Great Depression to wipe out all job growth from the previous expansion.

via Average length of unemployment highest since 1948. – WSJ.com.

Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com

Tickler Leave a comment

Economists said they were not certain why so many more blacks were losing their jobs in New York, especially when a large share of the layoffs in the city have been in fields where they are not well represented, like finance and professional services. But in those sectors, the economists suggested that blacks may have had less seniority when layoffs occurred. And black workers hold an outsize share of the jobs in retailing and other service industries that have been shrinking as consumers curtail their spending.

via Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com.

Some simple math for Barry Little League, hurt the employers and buyers and you’ll always end up hurt the only citizens you care about, your voting handouts.

Low taxes for all is the only way, but leave alone learning in time, you’ll just never learn. 3.5 years to go before we can get some basic IQ back in office.

Of NICE and Men – WSJ.com on Obamacare (or lack thereof)

Tickler Leave a comment

The NICE precedent also undercuts the Obama Administration’s argument that vast health savings can be gleaned simply by automating health records or squeezing out “waste.” Britain has tried all of that but ultimately has concluded that it can only rein in costs by limiting care. The logic of a health-care system dominated by government is that it always ends up with some version of a NICE board that makes these life-or-death treatment decisions. The Administration’s new Council for Comparative Effectiveness Research currently lacks the authority of NICE. But over time, if the Obama plan passes and taxpayer costs inevitably soar, it could quickly gain it.

via Of NICE and Men – WSJ.com.

The Cap and Tax Fiction – WSJ.com

Tickler Leave a comment

To get support for his bill, Mr. Waxman was forced to water down the cap in early years to please rural Democrats, and then severely ratchet it up in later years to please liberal Democrats. The CBO’s analysis looks solely at the year 2020, before most of the tough restrictions kick in. As the cap is tightened and companies are stripped of initial opportunities to “offset” their emissions, the price of permits will skyrocket beyond the CBO estimate of $28 per ton of carbon. The corporate costs of buying these expensive permits will be passed to consumers.

via The Cap and Tax Fiction – WSJ.com.

Glenn Beck – Who voted for Cap and Tax?

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Glenn Beck – Current Events & Politics – Who voted for Cap and Tax?.

Those to campaign against…

Vote District Representative
Arizona
Aye AZ-4 Pastor, Edward [D]
Aye AZ-7 Grijalva, Raul [D]
Aye AZ-8 Giffords, Gabrielle [D]
Arkansas
Aye AR-2 Snyder, Victor [D]
California
Aye CA-1 Thompson, C. [D]
Aye CA-5 Matsui, Doris [D]
Aye CA-6 Woolsey, Lynn [D]
Aye CA-7 Miller, George [D]
Aye CA-8 Pelosi, Nancy [D]
Aye CA-9 Lee, Barbara [D]
Aye CA-10 Tauscher, Ellen
Aye CA-11 McNerney, Jerry [D]
Aye CA-12 Speier, Jackie [D]
Aye CA-14 Eshoo, Anna [D]
Aye CA-15 Honda, Michael [D]
Aye CA-16 Lofgren, Zoe [D]
Aye CA-17 Farr, Sam [D]
Aye CA-18 Cardoza, Dennis [D]
Aye CA-23 Capps, Lois [D]
Aye CA-27 Sherman, Brad [D]
Aye CA-28 Berman, Howard [D]
Aye CA-29 Schiff, Adam [D]
Aye CA-30 Waxman, Henry [D]
Aye CA-31 Becerra, Xavier [D]
Aye CA-33 Watson, Diane [D]
Aye CA-34 Roybal-Allard, Lucille [D]
Aye CA-35 Waters, Maxine [D]
Aye CA-36 Harman, Jane [D]
Aye CA-37 Richardson, Laura [D]
Aye CA-38 Napolitano, Grace [D]
Aye CA-39 Sanchez, Linda [D]
Aye CA-43 Baca, Joe [D]
Aye CA-45 Bono Mack, Mary [R]
Aye CA-47 Sanchez, Loretta [D]
Aye CA-51 Filner, Bob [D]
Aye CA-53 Davis, Susan [D]
Colorado
Aye CO-1 DeGette, Diana [D]
Aye CO-2 Polis, Jared [D]
Aye CO-4 Markey, Betsy [D]
Aye CO-7 Perlmutter, Ed [D]
Connecticut
Aye CT-1 Larson, John [D]
Aye CT-2 Courtney, Joe [D]
Aye CT-3 DeLauro, Rosa [D]
Aye CT-4 Himes, James [D]
Aye CT-5 Murphy, Christopher [D]
Delaware
Aye DE-0 Castle, Michael [R]
Florida
Aye FL-2 Boyd, Allen [D]
Aye FL-3 Brown, Corrine [D]
Aye FL-8 Grayson, Alan [D]
Aye FL-11 Castor, Kathy [D]
Aye FL-17 Meek, Kendrick [D]
Aye FL-19 Wexler, Robert [D]
Aye FL-20 Wasserman Schultz, Debbie [D]
Aye FL-22 Klein, Ron [D]
Aye FL-24 Kosmas, Suzanne [D]
Georgia
Aye GA-2 Bishop, Sanford [D]
Aye GA-4 Johnson, Henry [D]
Aye GA-5 Lewis, John [D]
Aye GA-13 Scott, David [D]
Hawaii
Aye HI-1 Abercrombie, Neil [D]
Aye HI-2 Hirono, Mazie [D]
Illinois
Aye IL-1 Rush, Bobby [D]
Aye IL-2 Jackson, Jesse [D]
Aye IL-3 Lipinski, Daniel [D]
Aye IL-4 Gutierrez, Luis [D]
Aye IL-5 Quigley, Mike [D]
Aye IL-7 Davis, Danny [D]
Aye IL-8 Bean, Melissa [D]
Aye IL-9 Schakowsky, Janice [D]
Aye IL-10 Kirk, Mark [R]
Aye IL-11 Halvorson, Deborah [D]
Aye IL-17 Hare, Phil [D]
Indiana
Aye IN-7 Carson, André [D]
Aye IN-9 Hill, Baron [D]
Iowa
Aye IA-1 Braley, Bruce [D]
Aye IA-2 Loebsack, David [D]
Aye IA-3 Boswell, Leonard [D]
Kansas
Aye KS-3 Moore, Dennis [D]
Kentucky
Aye KY-3 Yarmuth, John [D]
Aye KY-6 Chandler, Ben [D]
Maine
Aye ME-1 Pingree, Chellie [D]
Aye ME-2 Michaud, Michael [D]
Maryland
Aye MD-1 Kratovil, Frank [D]
Aye MD-2 Ruppersberger, C.A. [D]
Aye MD-3 Sarbanes, John [D]
Aye MD-4 Edwards, Donna [D]
Aye MD-5 Hoyer, Steny [D]
Aye MD-7 Cummings, Elijah [D]
Aye MD-8 Van Hollen, Christopher [D]
Massachusetts
Aye MA-1 Olver, John [D]
Aye MA-2 Neal, Richard [D]
Aye MA-3 McGovern, James [D]
Aye MA-4 Frank, Barney [D]
Aye MA-5 Tsongas, Niki [D]
Aye MA-6 Tierney, John [D]
Aye MA-7 Markey, Edward [D]
Aye MA-8 Capuano, Michael [D]
Aye MA-9 Lynch, Stephen [D]
Aye MA-10 Delahunt, William [D]
Michigan
Aye MI-1 Stupak, Bart [D]
Aye MI-5 Kildee, Dale [D]
Aye MI-7 Schauer, Mark [D]
Aye MI-9 Peters, Gary [D]
Aye MI-12 Levin, Sander [D]
Aye MI-13 Kilpatrick, Carolyn [D]
Aye MI-14 Conyers, John [D]
Aye MI-15 Dingell, John [D]
Minnesota
Aye MN-1 Walz, Timothy [D]
Aye MN-4 McCollum, Betty [D]
Aye MN-5 Ellison, Keith [D]
Aye MN-7 Peterson, Collin [D]
Aye MN-8 Oberstar, James [D]
Mississippi
Aye MS-2 Thompson, Bennie [D]
Missouri
Aye MO-1 Clay, William [D]
Aye MO-3 Carnahan, Russ [D]
Aye MO-4 Skelton, Ike [D]
Aye MO-5 Cleaver, Emanuel [D]
Nevada
Aye NV-1 Berkley, Shelley [D]
Aye NV-3 Titus, Dina [D]
New Hampshire
Aye NH-1 Shea-Porter, Carol [D]
Aye NH-2 Hodes, Paul [D]
New Jersey
Aye NJ-1 Andrews, Robert [D]
Aye NJ-2 LoBiondo, Frank [R]
Aye NJ-3 Adler, John [D]
Aye NJ-4 Smith, Christopher [R]
Aye NJ-6 Pallone, Frank [D]
Aye NJ-7 Lance, Leonard [R]
Aye NJ-8 Pascrell, William [D]
Aye NJ-9 Rothman, Steven [D]
Aye NJ-10 Payne, Donald [D]
Aye NJ-12 Holt, Rush [D]
Aye NJ-13 Sires, Albio [D]
New Mexico
Aye NM-1 Heinrich, Martin [D]
Aye NM-2 Teague, Harry [D]
Aye NM-3 Lujan, Ben [D]
New York
Aye NY-1 Bishop, Timothy [D]
Aye NY-2 Israel, Steve [D]
Aye NY-4 McCarthy, Carolyn [D]
Aye NY-5 Ackerman, Gary [D]
Aye NY-6 Meeks, Gregory [D]
Aye NY-7 Crowley, Joseph [D]
Aye NY-8 Nadler, Jerrold [D]
Aye NY-9 Weiner, Anthony [D]
Aye NY-10 Towns, Edolphus [D]
Aye NY-11 Clarke, Yvette [D]
Aye NY-12 Velazquez, Nydia [D]
Aye NY-13 McMahon, Michael [D]
Aye NY-14 Maloney, Carolyn [D]
Aye NY-15 Rangel, Charles [D]
Aye NY-16 Serrano, José [D]
Aye NY-17 Engel, Eliot [D]
Aye NY-18 Lowey, Nita [D]
Aye NY-19 Hall, John [D]
Aye NY-20 Murphy, Scott [D]
Aye NY-21 Tonko, Paul [D]
Aye NY-22 Hinchey, Maurice [D]
Aye NY-23 McHugh, John [R]
Aye NY-25 Maffei, Daniel [D]
Aye NY-27 Higgins, Brian [D]
Aye NY-28 Slaughter, Louise [D]
North Carolina
Aye NC-1 Butterfield, George [D]
Aye NC-2 Etheridge, Bob [D]
Aye NC-4 Price, David [D]
Aye NC-11 Shuler, Heath [D]
Aye NC-12 Watt, Melvin [D]
Aye NC-13 Miller, R. [D]
Ohio
Aye OH-1 Driehaus, Steve [D]
Aye OH-9 Kaptur, Marcy [D]
Aye OH-11 Fudge, Marcia [D]
Aye OH-13 Sutton, Betty [D]
Aye OH-15 Kilroy, Mary Jo [D]
Aye OH-16 Boccieri, John [D]
Aye OH-17 Ryan, Timothy [D]
Aye OH-18 Space, Zachary [D]
Oregon
Aye OR-1 Wu, David [D]
Aye OR-3 Blumenauer, Earl [D]
Aye OR-5 Schrader, Kurt [D]
Pennsylvania
Aye PA-1 Brady, Robert [D]
Aye PA-2 Fattah, Chaka [D]
Aye PA-7 Sestak, Joe [D]
Aye PA-8 Murphy, Patrick [D]
Aye PA-11 Kanjorski, Paul [D]
Aye PA-12 Murtha, John [D]
Aye PA-13 Schwartz, Allyson [D]
Aye PA-14 Doyle, Michael [D]
Rhode Island
Aye RI-1 Kennedy, Patrick [D]
Aye RI-2 Langevin, James [D]
South Carolina
Aye SC-5 Spratt, John [D]
Aye SC-6 Clyburn, James [D]
Tennessee
Aye TN-5 Cooper, Jim [D]
Aye TN-6 Gordon, Barton [D]
Aye TN-9 Cohen, Steve [D]
Texas
Aye TX-9 Green, Al [D]
Aye TX-15 Hinojosa, Rubén [D]
Aye TX-16 Reyes, Silvestre [D]
Aye TX-18 Jackson-Lee, Sheila [D]
Aye TX-20 Gonzalez, Charles [D]
Aye TX-25 Doggett, Lloyd [D]
Aye TX-28 Cuellar, Henry [D]
Aye TX-29 Green, Raymond [D]
Aye TX-30 Johnson, Eddie [D]
Vermont
Aye VT-0 Welch, Peter [D]
Virginia
Aye VA-3 Scott, Robert [D]
Aye VA-5 Perriello, Thomas [D]
Aye VA-8 Moran, James [D]
Aye VA-9 Boucher, Frederick [D]
Aye VA-11 Connolly, Gerald [D]
Washington
Aye WA-1 Inslee, Jay [D]
Aye WA-2 Larsen, Rick [D]
Aye WA-3 Baird, Brian [D]
Aye WA-6 Dicks, Norman [D]
Aye WA-7 McDermott, James [D]
Aye WA-8 Reichert, Dave [R]
Aye WA-9 Smith, Adam [D]
Wisconsin
Aye WI-2 Baldwin, Tammy [D]
Aye WI-3 Kind, Ronald [D]
Aye WI-4 Moore, Gwen [D]
Aye WI-7 Obey, David [D]
Aye WI-8 Kagen, Steve [D]

Those to thank…

Vote District Representative
Alabama
No AL-1 Bonner, Jo [R]
No AL-2 Bright, Bobby [D]
No AL-3 Rogers, Michael [R]
No AL-4 Aderholt, Robert [R]
No AL-5 Griffith, Parker [D]
No AL-6 Bachus, Spencer [R]
No AL-7 Davis, Artur [D]
Alaska
No AK-0 Young, Donald [R]
Arizona
No AZ-1 Kirkpatrick, Ann [D]
No AZ-2 Franks, Trent [R]
No AZ-3 Shadegg, John [R]
No AZ-5 Mitchell, Harry [D]
Arkansas
No AR-1 Berry, Robert [D]
No AR-3 Boozman, John [R]
No AR-4 Ross, Mike [D]
California
No CA-2 Herger, Walter [R]
No CA-3 Lungren, Daniel [R]
No CA-4 McClintock, Tom [R]
No CA-13 Stark, Fortney [D]
No CA-19 Radanovich, George [R]
No CA-20 Costa, Jim [D]
No CA-21 Nunes, Devin [R]
No CA-22 McCarthy, Kevin [R]
No CA-24 Gallegly, Elton [R]
No CA-25 McKeon, Howard [R]
No CA-26 Dreier, David [R]
No CA-40 Royce, Edward [R]
No CA-41 Lewis, Jerry [R]
No CA-42 Miller, Gary [R]
No CA-44 Calvert, Ken [R]
No CA-46 Rohrabacher, Dana [R]
No CA-48 Campbell, John [R]
No CA-49 Issa, Darrell [R]
No CA-50 Bilbray, Brian [R]
No CA-52 Hunter, Duncan [R]
Colorado
No CO-3 Salazar, John [D]
No CO-5 Lamborn, Doug [R]
No CO-6 Coffman, Mike [R]
Florida
No FL-1 Miller, Jeff [R]
No FL-4 Crenshaw, Ander [R]
No FL-5 Brown-Waite, Virginia [R]
No FL-6 Stearns, Clifford [R]
No FL-7 Mica, John [R]
No FL-9 Bilirakis, Gus [R]
No FL-10 Young, C. W. [R]
No FL-12 Putnam, Adam [R]
No FL-13 Buchanan, Vern [R]
No FL-14 Mack, Connie [R]
No FL-15 Posey, Bill [R]
No FL-16 Rooney, Thomas [R]
No FL-18 Ros-Lehtinen, Ileana [R]
No FL-21 Diaz-Balart, Lincoln [R]
No FL-25 Diaz-Balart, Mario [R]
Georgia
No GA-1 Kingston, Jack [R]
No GA-3 Westmoreland, Lynn [R]
No GA-6 Price, Tom [R]
No GA-7 Linder, John [R]
No GA-8 Marshall, James [D]
No GA-9 Deal, Nathan [R]
No GA-10 Broun, Paul [R]
No GA-11 Gingrey, John [R]
No GA-12 Barrow, John [D]
Idaho
No ID-1 Minnick, Walter [D]
No ID-2 Simpson, Michael [R]
Illinois
No IL-6 Roskam, Peter [R]
No IL-12 Costello, Jerry [D]
No IL-13 Biggert, Judy [R]
No IL-14 Foster, Bill [D]
No IL-15 Johnson, Timothy [R]
No IL-16 Manzullo, Donald [R]
No IL-18 Schock, Aaron [R]
No IL-19 Shimkus, John [R]
Indiana
No IN-1 Visclosky, Peter [D]
No IN-2 Donnelly, Joe [D]
No IN-3 Souder, Mark [R]
No IN-4 Buyer, Stephen [R]
No IN-5 Burton, Dan [R]
No IN-6 Pence, Mike [R]
No IN-8 Ellsworth, Brad [D]
Iowa
No IA-4 Latham, Thomas [R]
No IA-5 King, Steve [R]
Kansas
No KS-1 Moran, Jerry [R]
No KS-2 Jenkins, Lynn [R]
No KS-4 Tiahrt, Todd [R]
Kentucky
No KY-1 Whitfield, Edward [R]
No KY-2 Guthrie, Brett [R]
No KY-4 Davis, Geoff [R]
No KY-5 Rogers, Harold [R]
Louisiana
No LA-1 Scalise, Steve [R]
No LA-2 Cao, Anh [R]
No LA-3 Melancon, Charles [D]
No LA-4 Fleming, John [R]
No LA-5 Alexander, Rodney [R]
No LA-6 Cassidy, Bill [R]
No LA-7 Boustany, Charles [R]
Maryland
No MD-6 Bartlett, Roscoe [R]
Michigan
No MI-2 Hoekstra, Peter [R]
No MI-3 Ehlers, Vernon [R]
No MI-4 Camp, David [R]
No MI-6 Upton, Frederick [R]
No MI-8 Rogers, Michael [R]
No MI-10 Miller, Candice [R]
No MI-11 McCotter, Thaddeus [R]
Minnesota
No MN-2 Kline, John [R]
No MN-3 Paulsen, Erik [R]
No MN-6 Bachmann, Michele [R]
Mississippi
No MS-1 Childers, Travis [D]
No MS-3 Harper, Gregg [R]
No MS-4 Taylor, Gene [D]
Missouri
No MO-2 Akin, W. [R]
No MO-6 Graves, Samuel [R]
No MO-7 Blunt, Roy [R]
No MO-8 Emerson, Jo Ann [R]
No MO-9 Luetkemeyer, Blaine [R]
Montana
No MT-0 Rehberg, Dennis [R]
Nebraska
No NE-1 Fortenberry, Jeffrey [R]
No NE-2 Terry, Lee [R]
No NE-3 Smith, Adrian [R]
Nevada
No NV-2 Heller, Dean [R]
New Jersey
No NJ-5 Garrett, Scott [R]
No NJ-11 Frelinghuysen, Rodney [R]
New York
No NY-3 King, Peter [R]
No NY-24 Arcuri, Michael [D]
No NY-26 Lee, Christopher [R]
No NY-29 Massa, Eric [D]
North Carolina
No NC-3 Jones, Walter [R]
No NC-5 Foxx, Virginia [R]
No NC-6 Coble, Howard [R]
No NC-7 McIntyre, Mike [D]
No NC-8 Kissell, Larry [D]
No NC-9 Myrick, Sue [R]
No NC-10 Mchenry, Patrick [R]
North Dakota
No ND-0 Pomeroy, Earl [D]
Ohio
No OH-2 Schmidt, Jean [R]
No OH-3 Turner, Michael [R]
No OH-4 Jordan, Jim [R]
No OH-5 Latta, Robert [R]
No OH-6 Wilson, Charles [D]
No OH-7 Austria, Steve [R]
No OH-8 Boehner, John [R]
No OH-10 Kucinich, Dennis [D] (*Explained)
No OH-12 Tiberi, Patrick [R]
No OH-14 LaTourette, Steven [R]
Oklahoma
No OK-2 Boren, Dan [D]
No OK-3 Lucas, Frank [R]
No OK-4 Cole, Tom [R]
No OK-5 Fallin, Mary [R]
Oregon
No OR-2 Walden, Greg [R]
No OR-4 DeFazio, Peter [D]
Pennsylvania
No PA-3 Dahlkemper, Kathleen [D]
No PA-4 Altmire, Jason [D]
No PA-5 Thompson, Glenn [R]
No PA-6 Gerlach, Jim [R]
No PA-9 Shuster, William [R]
No PA-10 Carney, Christopher [D]
No PA-15 Dent, Charles [R]
No PA-16 Pitts, Joseph [R]
No PA-17 Holden, Tim [D]
No PA-18 Murphy, Tim [R]
No PA-19 Platts, Todd [R]
South Carolina
No SC-1 Brown, Henry [R]
No SC-2 Wilson, Addison [R]
No SC-3 Barrett, James [R]
No SC-4 Inglis, Bob [R]
South Dakota
No SD-0 Herseth Sandlin, Stephanie [D]
Tennessee
No TN-1 Roe, Phil [R]
No TN-2 Duncan, John [R]
No TN-3 Wamp, Zach [R]
No TN-4 Davis, Lincoln [D]
No TN-7 Blackburn, Marsha [R]
No TN-8 Tanner, John [D]
Texas
No TX-1 Gohmert, Louis [R]
No TX-2 Poe, Ted [R]
No TX-3 Johnson, Samuel [R]
No TX-4 Hall, Ralph [R]
No TX-5 Hensarling, Jeb [R]
No TX-6 Barton, Joe [R]
No TX-7 Culberson, John [R]
No TX-8 Brady, Kevin [R]
No TX-10 McCaul, Michael [R]
No TX-11 Conaway, K. [R]
No TX-12 Granger, Kay [R]
No TX-13 Thornberry, William [R]
No TX-14 Paul, Ronald [R]
No TX-17 Edwards, Thomas [D]
No TX-19 Neugebauer, Randy [R]
No TX-21 Smith, Lamar [R]
No TX-22 Olson, Pete [R]
No TX-23 Rodriguez, Ciro [D]
No TX-24 Marchant, Kenny [R]
No TX-26 Burgess, Michael [R]
No TX-27 Ortiz, Solomon [D]
No TX-31 Carter, John [R]
No TX-32 Sessions, Peter [R]
Utah
No UT-1 Bishop, Rob [R]
No UT-2 Matheson, Jim [D]
No UT-3 Chaffetz, Jason [R]
Virginia
No VA-1 Wittman, Rob [R]
No VA-2 Nye, Glenn [D]
No VA-4 Forbes, James [R]
No VA-6 Goodlatte, Robert [R]
No VA-7 Cantor, Eric [R]
No VA-10 Wolf, Frank [R]
Washington
No WA-4 Hastings, Doc [R]
No WA-5 McMorris Rodgers, Cathy [R]
West Virginia
No WV-1 Mollohan, Alan [D]
No WV-2 Capito, Shelley [R]
No WV-3 Rahall, Nick [D]
Wisconsin
No WI-1 Ryan, Paul [R]
No WI-5 Sensenbrenner, F. [R]
No WI-6 Petri, Thomas [R]
Wyoming
No WY-0 Lummis, Cynthia [R]

White House Stands by Obama’s Claim That Single-Payer Health Care Works In Other Countries–It’s Just Not Sure Which Countries Obama Meant

Tickler Leave a comment

“I don’t know exactly the countries. I think if you talk to the people in the countries that have that system, they think their health care is pretty good,” White House Press Secretary Robert Gibbs told CNSNews.com Wednesday during the daily press briefing.

Asked again if he knew specifically which countries, Gibbs replied: “I assume Canada, Britain, maybe France. I don’t know the exact countries, but again, I don’t think the president is going way out on a limb that some people in other countries have a health care system that they like. Just as some Americans like the health care system that they have.”

…

The criticism of single-payer health care – primarily as practiced in Canada and Europe – has been that operations and procedures are long-delayed or denied and health care is rationed to control costs. For example, in Canada, the average wait for a 65-year-old man to get a hip replacement is six months, according to the Freedom Works Foundation.

The average wait time in a Canadian emergency room is 16 hours and 18 minutes. Also, “the average cancer test and radiation treatment cycles vary between 6 to 8 weeks,” the foundation reported.

John Goodman, director of the National Center for Policy Analysis and author of the book, “Lives at Risk: Single-Payer National Health Insurance Around the World,” has reported that in Britain, “at any one time, there are about a million people waiting to get into hospitals. According to the Fraser Institute, almost 900,000 Canadian patients are on the waiting list at any point in time. And, according to the New Zealand government, 90,000 people are on the waiting lists there.”

via CNSNews.com – White House Stands by Obama’s Claim That Single-Payer Health Care Works In Other Countries–It’s Just Not Sure Which Countries Obama Meant.

The ‘Paygo’ Coverup – WSJ.com

Tickler Leave a comment

But Mr. Obama must think the press and public are dumb enough to buy it, because there he was Tuesday re-selling the same “paygo” promises that Democrats roll out every election. Paygo is “very simple,” the President claimed. “Congress can only spend a dollar if it saves a dollar elsewhere.”

That’s what Democrats also promised in 2006, with Nancy Pelosi vowing that “the first thing” House Democrats would do if they took Congress was reimpose paygo rules that “Republicans had let lapse.” By 2008, Speaker Pelosi had let those rules lapse no fewer than 12 times, to make way for $400 billion in deficit spending. Mr. Obama repeated the paygo pledge during his 2008 campaign, and instead we have witnessed the greatest peacetime spending binge in U.S. history. As a share of GDP, spending will hit an astonishing 28.5% in fiscal 2009, with the deficit hitting 13% and projected to stay at 4% to 5% for years to come.

The truth is that paygo is the kind of budget gimmick that gives gimmickry a bad name. As Mr. Obama knows but won’t tell voters

via The ‘Paygo’ Coverup – WSJ.com.

How to Stop Socialized Health Care – WSJ.com

Tickler Leave a comment

In other words, the public option is just phony. It’s a bait-and-switch tactic meant to reassure people that the president’s goals are less radical than they are. Mr. Obama’s real aim, as some candid Democrats admit, is a single-payer, government-run health-care system.

via How to Stop Socialized Health Care – WSJ.com.

Get Ready for Inflation and Higher Interest Rates – WSJ.com

Tickler Leave a comment

It’s difficult to estimate the magnitude of the inflationary and interest-rate consequences of the Fed’s actions because, frankly, we haven’t ever seen anything like this in the U.S. To date what’s happened is potentially far more inflationary than were the monetary policies of the 1970s, when the prime interest rate peaked at 21.5% and inflation peaked in the low double digits. Gold prices went from $35 per ounce to $850 per ounce, and the dollar collapsed on the foreign exchanges. It wasn’t a pretty picture.

via Get Ready for Inflation and Higher Interest Rates – WSJ.com.