Sticker Shock: Healthcare Spending Spikes As ObamaCare Takes Effect
For some time now, Barack Obama and his apologists have trumpeted slowing healthcare costs as somehow attributable to ObamaCare. Never mind that the declines predated Obama's election, and that even The Washington Post gave him three Pinocchios in its Fact Checker analysis of this claim on November 5 of last year:
Healthcare inflation has gone down every single year since the law [ObamaCare] passed, so that we now have the lowest increase in healthcare costs in 50 years - which is saving us about $180 billion in reduced overall costs to the federal government and in the Medicare program."
To illustrate how he played the role of rooster taking credit for the sunrise, healthcare cost inflation reached 7% in 2003, but plummeted to approximately 2% before Obama even took office.…[more]
It's bad enough that federal, state and local governments impose new regulations so rapidly that few employers can even familiarize themselves with them, let alone comply with them.
Compounding that problem, overzealous bureaucrats and prosecutors sometimes target businesses and people via statutes bearing no logical connection to the behavior in question.
For example, consider a case currently before the United States Supreme Court. There, federal prosecutors exploited Sarbanes-Oxley, which Congress passed in 2002 to address financial and accounting misdeeds at publicly traded…
"[Trump's] rise is not due to his supporters' anger at government. It is a gesture of contempt for government, for the men and women in Congress, the White House, the agencies. It is precisely because people have lost their awe for the presidency that they imagine Mr. Trump as a viable president. ...Mr. Trump's supporters like that he doesn't in the least fear the press, doesn't get the dart-eyed,…[more]