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Democrats ready to replace Obamacare with government-run healthcare

News flash! Obamacare has been a complete and utter failure! Okay, not really a news flash, but it has been a failure. People who liked their doctor didn’t get to keep their doctor. People who liked their healthcare plan didn’t…

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Odious and Corrupt Obamacare Bailouts

At the risk of understatement, Obamacare is a mess. It’s been bad for taxpayers, bad for consumers, and bad for healthcare. It’s even been bad for some of the special interest groups that backed the legislation. The big insurance companies supported the law, for instance, because they thought it would be good to have the […]

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Another Great Moment in the Annals of Government-Run Healthcare

I wrote last June about an unfortunate British guy who, after his leg was broken by thieves, was told by the government that his injury wasn’t serious enough for an ambulance. The poor chap eventually was driven home by some cops and then had to take an Uber to the hospital. While writing about this […]

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More Perverse (but Predictable) Economic Consequences of Obamacare

Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory intervention perspective, the law was bad news because it exacerbated […]

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From England, Great Moments in Government-Run Dentistry

In 2009, Paul Krugman assured his readers that government-run healthcare was a good idea, writing that “In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these stories are false.” I guess one could argue that the determination of “scare stories,” like […]

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Obamacare and the Odious Anti-Constitutionalism of Chief Justice John Roberts

I feel compelled to comment on the Supreme Court’s latest Obamacare decision, though I could sum up my reaction with one word: disgust. I’m disgusted that we had politicians who decided in 2009 and 2010 to further screw up the healthcare system with Obamacare. I’m disgusted the IRS then decided to arbitrarily change the law […]

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Great Moments in Government-Run Healthcare (but Don’t Tell Krugman)

When I criticize government-run healthcare, I normally focus on programs and interventions that distort and damage the American health sector. So I’ve written a lot on the failures of Medicaid, Medicare, and Obamacare, as well as the counterproductive effects of the tax code’s healthcare exclusion. But if some government is bad for the health sector, […]

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One Good Result and One Bad Result of Obamacare

One of the good things about working at the Cato Institute is that there’s never any pressure to put your thumb on the scale to help any political party. Our loyalties are to libertarian principles, many of which are reflected in the Constitution, so we’re free to criticize or praise politicians based on their ideas […]

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Three Key Wild Cards for Public Policy in 2015

Four years ago, I put together some New Year’s Day Resolutions for the GOP. Three years ago, I made some policy predictions for the new year. But since I obviously don’t control Republicans and since I freely admit that economists are lousy forecasters, let’s do something more practical to start 2015. Let’s simply look at […]

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Another Brutally Disturbing Example of Government-Run Healthcare from the United Kingdom

It’s time to add to our collection of horror stories from the U.K.’s government-run healthcare system (previous examples can be found here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, and here). What makes today’s story different, though, is that the bureaucracy not only is denying care to a small child, but also seeking to prevent the family […]

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The Hidden Economic Damage of Obamacare

Obamacare resulted in big increases in the fiscal burden of government (ironically, it would be even worse if Obama hadn’t unilaterally suspended parts of the law). The legislation increased government spending, mostly for expanded Medicaid and big subsidies for private insurance. There were also several tax hikes, with targeted levies on medical device makers and […]

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The Hidden Economic Damage of Obamacare

Obamacare resulted in big increases in the fiscal burden of government (ironically, it would be even worse if Obama hadn’t unilaterally suspended parts of the law). The legislation increased government spending, mostly for expanded Medicaid and big subsidies for private insurance. There were also several tax hikes, with targeted levies on medical device makers and […]

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Everything You Need to Know about Government Bureaucracy

Since I’ve already created a Moocher Hall of Fame to acknowledge the strangest and most reprehensible examples of government dependency, it’s occurred to me that there also should be a Bureaucrat Hall of Fame to highlight the government employees that have figured out how to most successfully rip off taxpayers (and here are some good […]

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More Obamacare Cartoons

The statists are claiming Obamacare is now a success. Needless to say, I think this is a laughable assertion. Indeed, I shared a very clever graphic from Ted Cruz to help explain why it’s hardly a big achievement to destabilize the insurance market and then coerce and/or bribe some people into using Obamacare. More recently, […]

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The Obama Administration’s Engages in Contortions to Claim that Obamacare Is a Success

I’ve observed, reported, mocked, written, and explained that Obamacare is a cluster-you-know-what. So I’m rather bemused and frustrated by the latest pro-Obamacare spin that the law is a “success” because there are now 7 million people who have picked a plan. There are lots of reasons for normal people to have a what-the-expletive-deleted response to […]

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The Multi-Faceted Farce of Obamacare

I spoke yesterday to the Memphis Economics Club about America’s looming fiscal crisis, and I did my usual song-and-dance routine about potential Greek-style chaos in the absence of genuine entitlement reform. But I confess I was stumped when, after the speech, someone from the audience asked me what was going on with Obamacare. I can […]

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Funny Cartoon Video Mocks Obamacare

Obamacare may not be good news for taxpayers or consumers, but let’s look at the bright side. At least the law has generated some superb political humor, including funny videos. *The head of the National Socialist Workers Party finds out he can’t keep his health plan. *A creepy version of Uncle Sam wants to know […]

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Drilling More Holes in Obamacare’s Sinking Ship

The President’s main “accomplishment” has been such a disaster that I wonder whether it’s time to feel sorry for Obama. And if you looked in the dictionary for a definition of Schadenfreude, you might find a picture of me reading a story exposing more evidence that Obamacare isn’t working. Heck, I’ve even shared Hitler parody […]

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It’s Not Springtime for Hitler and Obamacare

The title of today’s column may not make much sense if you’ve never watched The Producers, a 1960s Mel Brooks comedy featuring Gene Wilder and Zero Mostel, but you’ll soon see the connection. That’s because we’re going to laugh at Obamacare, otherwise known as the gift that keeps on giving, and Hitler is part of […]

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TARP Was Bad, but the Looming Obamacare Bailout for Corrupt Insurance Companies Could Be Worse

I hate to dredge up bad memories so early in a new year, but we need to remind ourselves of the awful TARP bailout of 2008. Our financial system had gone out of whack because of bad monetary policy from the Federal Reserve and unsustainable housing subsidies from Fannie Mae and Freddie Mac. Some financial […]

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