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free trade & free markets general freedom moral hazard nannyism national politics & policies

Best Plan Is No Plan

“Republicans would create chaos in the health care system because they are stuck,” Senate Minority Leader Chuck Schumer says, “between a rock and a cliché.”

Oh. Off by a word or two. But I don’t need to fix it.

What needs to be fixed is the whole system. “Head clown”* Schumer gloats that it cannot be done. The “delicate balance” that is the Affordable Care Act makes it impregnable. For all Republicans’ talk of repeal, “for five years now they’ve had nothing to put in its place.”

Schumer sees the trap. He set it when he and his comrades voted Obamacare in without reading it. Any new program with any new constituency always presents a set of . . . political hurdles . . . that quickly become “impossible” to jump.

The President-elect, he notes, has supported three of the “most popular” regulations in Obamacare: “pre-existing conditions,” “26-year-olds on parents’ plans,” and sex equality re: insurance rates.

What Schumer fails to mention is that these are three huge drivers of spiraling insurance prices. The Affordable Care Act “delicately balances” medical markets by shifting who pays for what, hoping that the biggest losers† don’t complain too much and the obvious winners never cease protesting‡ any change.

The truth? Obamacare can be repealed. But replacing it would be a disaster. The best plan is no plan. Repeal all the regulations. The federal government should completely deregulate the markets, and prevent states from ruining interstate markets in insurance and health care.

Do what the Commerce clause was designed to do.

Schumer is counting on Republicans to do nothing. Despite signs they’re cooking up something.

This is Common Sense. I’m Paul Jacob.

 

*What Trump called Schumer. And in the same tweet dubbed Obamacare “a lie.” Truer words never spoken?

† Obamacare presents a huge burden on the self-employed, self-insured, and on the previously insured, since it is these people who most obviously pay for all the newly insureds. Of course, in the end, everybody pays . . . from increasing prices and decreasing rates of progress.

‡ At least they are the focus of advocacy groups. The poor neatly serve as innocent shields of the spoliators.

N. B. Adapted from this weekend’s Townhall column.


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folly general freedom ideological culture nannyism privacy property rights too much government U.S. Constitution

Democratic Socialism. . .

Because BIG BROTHER is okay as long as enough people vote for him!


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Common Sense folly free trade & free markets general freedom ideological culture meme national politics & policies

Funny how that happened…

Funny how none of the progressive “achievements”happened before capitalism made them possible.


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general freedom ideological culture meme nannyism national politics & policies

A Childlike Faith. . .

SOCIALISM…

The childlike faith that a powerful, ever-growingGovernment couldn’t possibly pose a threat to freedom.


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Accountability folly free trade & free markets general freedom ideological culture meme nannyism national politics & policies

“The Good Kind of Socialism”

Don’t worry…

Bernie only wants “the good kind of socialism.”


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folly general freedom moral hazard nannyism national politics & policies responsibility

Town, County, Stasis

The savvier economists (and intellectuals like Steven Pinker) like to remind us that it is progress that must be explained; poverty is natural.

But when you see poverty settle in like an infestation of slime mold, staining a whole modern city or region, you begin to wonder. As Ron Bailey wonders in his excellent Reason report on West Virginia’s impoverished McDowell County . . .

WHY DON’T THESE PEOPLE JUST MOVE?

The feeling of being trapped in your community — in your hovel, in your own blighted life — does not come, these days, from mere poverty alone. I remember the Joads in The Grapes of Wrath; my family has a history. Once upon a time, folks in America, when industry ran out, left. Traveled. Migrated — to find work where industry boomed.

And sure, McDowell used to be much more populated. Bailey’s family left two generations ago.

But the stragglers?

Almost any community has its specific enticements.

But one thing becomes clear, as you read through Bailey’s sad survey (in part memoir, since he has family ties there): government is the worst culprit.

A lot of welfare goes into McDowell, and a huge percentage of the population is retired or on disability.

“If you get public assistance to supply your needs without any effort from you,” explains one young man who came back to his beleaguered hometown, “you’ve got no incentive to better yourself or your situation.”

Government subsidizes poverty. Sure, it prevents destitution. Utter misery. But it also traps people, robbing them of their wherewithal to get up and go and achieve something.

Modern government is in the stasis business. Our assistance programs don’t just assist.

A modern American nightmare.

This is Common Sense. I’m Paul Jacob.


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folly free trade & free markets general freedom meme national politics & policies

Robert Reich, Mythed Up

[mks_dropcap style=”letter” size=”62″ bg_color=”#ffffff” txt_color=”#000000″]C[/mks_dropcap]onsumer sovereignty is the idea that in markets consumers call the shots. In capitalism, most mass production is indeed for the masses, and the masses have a big say in what gets done. All profits and wages of successful businesses come from consumers.

But don’t take this too far.

Consumers don’t “create jobs,” for example.

Recently, Clinton-era Labor Secretary Robert Reich has been floating this bizarre notion. To his Facebook audience, last month, he wrote that it is a myth that “the ‘job creators’ are CEOs, corporations, and the rich, whose taxes must be low in order to induce them to create more jobs.

Rubbish. The real job creators are the vast middle class and the poor, whose spending induces businesses to create jobs. That is why raising the minimum wage, extending overtime protection, enlarging the Earned Income Tax Credit, and reducing middle-class taxes are all necessary.”

So, we have people in roles of “producers” and “consumers,” and it is the consumers who “create jobs”? And they do this by “inducing” businesses to, wait, uh, “create jobs”?

Face it: businesses create jobs — out of capital from somebody’s invested savings. Entrepreneurs brace themselves to take big risks, fronting workers’ wages as well as hiring and purchasing capital goods and material.

Before a penny is spent by consumers.

Only when entrepreneurs guess right does the flow of money come full circle.

Reich repeated his quasi-Keynesian rap yesterday: it’s spending consumers who “get businesses to expand and hire.”

Truth is, Reich doesn’t “get” basic economics. But he does understand political equations, which is why folks on the Democratic left think he’s a genius.

This is Common Sense. I’m Paul Jacob.


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Robert Reich Doublespeak

 

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Accountability education and schooling general freedom ideological culture national politics & policies

Parents in Context

Consider the intersection of freedom and decontextualized fragments.

The specific “decontextualized fragments” in question appear in great and not-so-great works of literature, assigned in public schools for young adults to read: a graphic rape scene in Toni Morrison’s Beloved; racial slurs in Huckleberry Finn; sex, violence.

“Virginia regulators are drafting rules that would require school districts to red-flag objectionable teaching material and make it easier for parents to control what books their children see in the classroom,” reports the Washington Post.

Those regulations won’t be finalized for a year or more (because government bureaucracies are painfully slow). Yet an “earlier version of the language released on a state website drew hundreds of comments from the public,” the Post informs.

“Most parents were supportive of the change. . . .”

Teachers? Against.

Stafford County Public Schools literacy coordinator Sarah Crain worries about literature being wrongly labeled “sexually explicit.” To “reduce a book or a work down to something that is a mere decontextualized fragment of the work,” she argues, “actually impedes the ability for teachers and parents to have informed conversations.”

What about freedom?

Well, public schools aren’t primarily about freedom.

Teachers have a job to do; students follow instruction.

And it is pretty easy to see one reason for the opposition by “the professionals”: the new rules would entail more work.

Nonetheless, parents and their kids deserve as much choice as can be provided. And in every context.

Here, freedom means acknowledging the right of parents to decide. Not experts. Parents.

This is Common Sense. I’m Paul Jacob.


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Categories
general freedom meme national politics & policies too much government

Over-Feed At Your Own Risk!

Caution: Do Not Over-Feed Government!


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general freedom ideological culture individual achievement too much government

The Pattern Here

Thomas Sowell, who retired from his syndicated column last week, may be the greatest public intellectual of our time.

Though he is “an original,” an iconoclast, his work is best seen as the carrying on of a tradition. Or two.

Consider his most famous research area: race. An African-American, Sowell is the age’s most persuasive dissident to the dominant strains of racial advocacy. He brought much common sense to a subject beset with unhinged passion.*

And yet even here he was obviously drawing on traditions that, if not well known, were firmly established.†

One of Sowell’s most important contributions, in books such as A Conflict of Visions and The Vision of the Anointed, is his distinction between two very different ways of looking at the social world:

  • the “constrained vision” . . . . of most conservatives and classical liberals; and
  • the “unconstrained vision” . . . of so many socialists, anarchists and progressives.

For many conservatives, this is Sowell at his best. But is it original? A few of my readers could probably lecture me on its origins in a famous essay by F. A. Hayek, “Individualism: True and False.”‡

Over at the Foundation for Economic Education, David R. Henderson addresses the one area where I tend to disagree with Sowell: foreign policy. Henderson gently calls out Sowell’s apparent credulity regarding the dishonesty of our war party leaders. Sure, Henderson writes, “[t]here are downsides to distrust. . . . But there are upsides too.”

Mourning the loss of trust in presidents, Sowell blames it on presidents lying to us in recent decades. But, as Henderson notes, “war presidents” lying to us about war is not new — providing examples.

Pity that Sowell, of all people, does not see the pattern here.

This is Common Sense. I’m Paul Jacob.

 

* See Sowell’s Ethnic America: A History, Race and Culture: A World View, and The Economics and Politics of Race: An International Perspective; but also popular argumentation, such as Pink and Brown People and Black Rednecks and White Liberals. And then there is the important Civil Rights: Rhetoric or Reality?

† Economists W. H. Hutt and Gary Becker, at the very least, provided the background for Sowell’s research with their respective books The Economics of the Colour Bar and The Economics of Discrimination.

‡ See F. A. Hayek, Individualism and Economic Order. In another essay, Hayek provides Sowell with the seed of Knowledge and Decisions.


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