Medicaid Costs Have Increased 31,000% Since Inception

Republican Senator Tom Coburn, whose primary profession is as a doctor, has crunched some numbers (He’s pretty good at crunching numbers—you might have read his highly illuminating “Government Wastebook”) and given us an estimate of the bloat escalation of existing government health programs. Forget Obamacare. Even when all we had was Medicaid, we were already […]

Continue reading →

Comcast, Lobbyists, and Revolving Doors

There’s a deal on the table for Comcast to buy Time Warner Cable, which would make Comcast by far the biggest cable provider in the nation. And there is a lot of back and forth as to whether or not that would be a good thing. A few anti-trust pundits think the merger is bad […]

Continue reading →

Stress Hormone in Financial Crisis Slows Recovery

Research published recently in Proceedings of the National Academy of Sciences indicates that financial crises cause stress through an increase of the stress hormone cortisol (no surprise there), but also that cortisol significantly decreases risk-taking behaviors in those who are affected by it. While a decrease of risk-taking behavior might seem to be good, it […]

Continue reading →

Faltering McDonald’s a Sign of Struggling Lower Classes

McDonald’s is struggling. According to CEO Don Thompson, they have “lost some of their customer relevance.” By the numbers, McDonald’s had a two percent global reduction in traffic for 2013, and, for a company that does the kind of business it does, that’s a huge amount. So what’s the problem? Thompson offered two main explanations: […]

Continue reading →

What They Call Capitalism Isn’t Capitalism At All

When most leftists and liberals decry the current American system, they talk about income inequality, corporate welfare, big business lobbying, and the like. They tend to call these things “the evils of capitalism” or something similar. Well, I have good news and bad news. The good news is that leftists and liberals are wrong to […]

Continue reading →

US No Longer in Top 10 of Most Economically Free Countries

The Wall Street Journal and the Heritage Foundation released their 2014 Index of Economic Freedom, and, unsurprising to most of us, the United States has dropped out of the top ten most economically free countries. This is due in part to our escalating economic regulations and out-of-control debt, but it also has to do with […]

Continue reading →

Youth Misery Index the Worst Under Obama

According to the Youth Misery Index (apparently that’s a thing), Obama is the worst president ever as far as the well-being of young people is concerned. The Youth Misery Index has risen over 18.1 percent since Obama took office. That’s more than under any other president. An article in the College Fix uncovers the cruel […]

Continue reading →

Italian Fiat Finishes Buying Out Taxpayer-Funded Chrysler

Remember how Obama summed up his first-term successes with the pithy “Bin Laden’s dead and GM is alive”? Well, I think reports of GM’s life have been greatly exaggerated. ((And for that matter, where’s Osama’s body?)) Fiat just finished buying out Chrysler, propped up by billions of your tax dollars. One of the big three, […]

Continue reading →

Gini Coefficient in a Bottle: The Inequality Myth

The most commonly used marker for income inequality is called the Gini coefficient. Most leftists regularly refer to it when they make claims like “inequality is rising every year” or “the income gap is now worse than ever and getting even worse.” But what is the Gini coefficient, and why is it misleading? The Gini […]

Continue reading →

New Poll: George W. Bush Still to Blame

George W. Bush hasn’t been in office for nearly half a decade. But people are still blaming him for our current political mess. According to a recent poll conducted by the Washington Post and ABC News, 50 percent of people surveyed think Bush is more to blame for our current economic mess than Obama (only […]

Continue reading →