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Critique of Impure Politics With Apologies to Immanuel Kant
We still hear from politicians like Dianne Feinstein and Dick Durbin on programs like Meet the Press that it is a disgrace that America is the only developed nation without socialized medicine.
So they propose to rob and destroy the economy further to fund bigger government to borrow, spend and tax more. Let them eat cake.
http://www.msnbc.msn.com/id/3032608/
It is pretty clear the Breast Cancer Panel recommendation to reduce mammograms may be only another step to healthcare rationing like the wage and price controls that did not work under Nixon.
Independent Connecticut Senator Joseph Lieberman was quite clear that we cannot offer better healthcare without cutting Medicare benefits or borrowing and spending more at the expense of the economy and jobs.
In the case of Senator Feinstein decrying the profit motive in healthcare, this is really ironic, and not only because she is a woman.
She was married to a wealthy Neurosurgeon who opposed socialized medicine. She is married to an Investment Banker who presumably profits from competitive free markets improving living standards.
In the case of Senator Feinstein asserting infrastructure pork creates jobs and calling for a Healthcare Rate Authority like Nixon wage and price controls, evidently she is not familiar with her own unread legislative vote to delay infrastructure spending until the 2010 election year.
States with budget deficits used that pork barrel for other purposes than intended, another unintended consequence. When will politicians learn less is more?
In fact, work by economist Michael Boskin shows payroll tax cuts create far more jobs than government borrowing, spending and taxes.
The Money Multiplier is now below one, meaning every additional dollar of deficit spending is not adding another dollar to the economy. Some economists have estimated it now takes $3 of government taxes to create one dollar of GDP.
May 24th, 2010 at 2:12 am
i have never been a fan of Bad Politics and bad policies in the government. they always present bad news.~-”