Economic stimulus…a far better idea

Last week, Speaker of the House Nancy Pelosi (D. Ca.) told us, with a straight face, no less, that unemployment benefits create jobs.  Anyone who frequents this blog knows that her comments make absolutely no sense.  But, in a marvelous article in Thursday’s Wall Street Journal, Arthur Laffer explains not only why Ms. Pelosi’s statement is completely…

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Obamacare and the personal insurance mandate

Last November I did a post on the differing legal justifications advanced by the Democrats in support of the mandate that everyone must buy insurance or pay a penalty.  Steny Hoyer (D. Md.) insisted it was the power to tax, whereas Nancy Pelosi (D. Ca.) insisted it was the power to regulate interstate commerce.  And, as…

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Obamacare’s cram down

Many viewed the election of Scott Brown (R. Ma.) as the death of Obamacare. But, to President Obama, Speaker of the House Nancy Pelosi, and Senator Harry Reid, it was a mere trifling inconvenience.  According to Pelosi, the stage has been set to pass Obamacare anyway. Here is the plan.  Remember the negotiations between the…

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