Monday, July 10, 2017

It's Medicaid That's Out of Control

At every juncture in the discussion about reforming healthcare, Democrats and a few Republicans wail that you "can't cut Medicaid".  Does this look like a program that has been subject to any cuts since it's inception? More importantly, how long can you sustain spending on something that is growing many times faster than the economy which must fund it?

Yes, honey, I know the kids deserve all sorts of nice things, but if our Visa bill is doubling every year and our income is going up by 5%, do you not see a problem? Are you expecting the Tooth Fairy to fix this for us?




Wednesday, July 5, 2017

Fleeing Fiscal Suicide

This is what happens when states pursue reckless financial practices and try to cover them up with onerous taxes on its most productive citizens. They move to states that appreciate them. Democrats have long supported assisted suicide. Now they're applying that to entire states.


Monday, July 3, 2017

Black Privilege




According to data derived from the 2014 federal budget, the average annual per capita "net contribution" (taxes paid minus benefits received) breaks down by race as follows:

White: +$2,795 (on average pays more in taxes than receives in benefits)

Black: -$10,016 (on average receives more in benefits than pays in taxes)





Over the course of an average 79-year lifespan, a white individual would then average a net contribution of $220,805, whereas over the course of an average 75-year lifespan, a black individual receives a net benefit of  $751,200.



One can quibble about the precision of the data, but the magnitude is so lopsided, you can’t really dispute the conclusion:  The government acts in ways that results in transfers of large amounts of wealth from white people to black people.



It would appear that reparations are already in place.


[In fairness, what is really going on is that the government is transferring large amounts of wealth from those who earn it to those who don’t. Blacks simply constitute a disproportionate share of the latter group. However, turnabout being fair play, this methodology (disparate impact) is the same used by those who claim that racism is the cause of all sorts of unequal outcomes.]