The big power grab

New York Daily News
by Michael Goodwin


Big government is on a big roll. As Washington moves from bailing out banks to setting pay levels, from bailing out automakers to deciding which local dealerships will be closed, each day brings fresh evidence of its growing role in what used to be the private economy. It is happening at a breathtaking pace, driven not just by the economic crisis but also by deliberate policies of the Obama White House and Democrats in Congress. And they’re not done yet, with a push to expand government’s role in health care and energy policy next on tap...

More government waste, corruption, and corporate welfare

Open Market
by Hans Bader


Rapidly-rising Medicare spending already threatens ‘to crush the federal budget,’ and much Medicare spending is wasteful, yet the Obama Administration claims it can somehow save money by creating Medicare-like programs to cover all Americans. In the New York Times, economics professor Tyler Cowan calls it ‘the new voodoo economics.’ Washington Post columnist Robert Samuelson concludes that Obama’s health-care plan ‘is naive, hypocritical or simply dishonest. Probably all three’...

The real crisis is Obamacare

Intellectual Conservative
by Alan Caruba


As this healthcare horror awaits its run through Congress, think of it as a massive Medicare, the government program for seniors that cost 3.2 percent of the country’s Gross Domestic Product in 2008 and which will become insolvent this year! … This isn’t healthcare reform. It is the destruction of the best healthcare system in the world. It is the destruction of the nation’s economy...

Paying for Obamacare

Cato Institute
by Michael D. Tanner


Much of the discussion to date about health care reform has understandably focused on the contents of the reform plan itself. But with the plan expected to cost $1-1.5 trillion over the first ten years, an equally important question is how the president and congressional Democrats plan to pay for it. While we won’t know for certain until we see the final bill, it looks like the answer is going to be higher — much higher — taxes. And many if not most of those taxes will fall squarely on the middle class...

Informant: Thomas L. Knapp


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