Among the fourth actor, suppliers, the biggest culprit is the pharmaceutical industry. To illustrate the nonsense of Obamacare, it is rather hypocritical that medical supply companies were hit with taxes while the drug companies were left alone in exchange for a promise to keep prices in check. Part of the problem with drug prices is the cost in developing new drugs. The FDA is charged | Read More »
Insurance companies are the demonized actor in health care. A realistic look at the situation reveals that they have to invariably work through a maze of government regulations and mandates that hamper their ability to service policy holders. There is no shortage of stories of insurance company abuses and policy holder sob stories before Congress. Looked at in isolation, the story is troubling. From 1998-2008, | Read More »
In 1960, health care accounted for 5.1% of GDP compared to 16.1% of GDP today. In 2009, health care costs were over $7,200 per capita in the United States. Being a more affluent society than our industrialized counterparts, we tend to spend more for quality. But for any market-based approach to work, one has to look at outcomes and on most metrics (like infant mortality, | Read More »
As we enter the Memorial Day weekend, the Supreme Court will be finishing its term in late June. There are still several cases to be decided, the biggest of which is the fate of Obamacare. From watching the Supreme Court for many, many years now, all I can say with certainty regarding any decision is that you really cannot tell how it will come down | Read More »
In a recent article in The Atlantic, First Amendment lawyer Marvin Ammori wrote an argument that Obama should run against the Supreme Court and make it an issue in the 2012 campaign. Starting with reasons not to do so, he quickly comes to the conclusion that Obama should discard those reasons and attack. The first reason is strategic. Obama’s approval rating stands near 47% while | Read More »
Barack Obama has decided to take on the Supreme Court with his rhetoric regarding the health care oral arguments. Stating confidence that the Court will not overturn a law enacted by a duly elected legislature, self-proclaimed University of Chicago Law Professor, Obama, apparently failed to teach his students a mainstay of constitutional law. Since 1803, in the case of Marbury v. Madison, the concept of | Read More »
The Liberal press and blogosphere is absolutely insane over the recent Obamacare oral arguments before the Supreme Court. Apparently a day to digest the argument has given them enough time to conjure up enough vitriol to make a Spike Lee tweet look trivial. On one article on DailyKos, the writer used the term “radical” to describe the Supreme Court ten times in five paragraphs indicating | Read More »
The Supreme Court has completed three days of oral arguments over Obamacare spread over several hours. There is no doubt that there is no shortage of opinions especially after day 2- the mandate question. I think that we can take five things away from this historic moment unfolding before our eyes based upon everything I have read here and elsewhere, conservative and liberal sites and | Read More »
The Supreme Court will be hearing the oral arguments over Obamacare this week. This is the Court’s schedule for the week: Monday 3/26/12- Will release orders from their conference of 3/23 where they grant new cases for the October 2012 term, deny petitions, hold them over for possible resolution of companion cases, or ask for opinions from the Solicitor General; Followed by at least one | Read More »
From the many comments and editorials here and elsewhere, the probable nominee, Mitt Romney, has failed the conservative litmus test…whatever that is. He has been lumped into the great depository of the RINOs and no amount of convincing by him or others is going to change anyone’s mind. For many, his rhetoric on the campaign on the campaign trail in 2011-2012 does not match his | Read More »
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