Saturday, June 30, 2012
Obama's Victory Speech, Translated
John Stossel basically fisks Obama's remarks after the Supreme Court upheld ObamaCare. The following translation stood out to me:
[Obama:] And because of the Affordable Care Act, seniors receive a discount on their prescription drugs - a discount that's already saved more than 5 million seniors on Medicare about 600 dollars each.$ 2.6 trillion divided by about 310 million divided by ten means a bit under $ 840.00 per man, woman, and child every year for the next ten years. Of course, children and many adults do not pay taxes. Later, Stossel notes that "The bill raises premiums by up to 50% -- that's $1,500 for individuals, and $3,300 for families..." Presumably, then, the $840 per annum is on top of the premium increases.
[Stossel:] Even rich seniors get a handout. According to Sen. Jeff Sessions (R-Ala.), ObamaCare will cost taxpayers $2.6 trillion in the next 10 years.
Still, that's a pittance next to the freedom that we have just lost.
"Is there some national, collective problem in the fact that some people don't have 'access' to quality medical care? What if we rephrase the question to be: do some people have the right to force other people to pay for their medical care?" -- Harry Binswanger, in "To Discredit The Anti-Capitalists, Pro-Capitalists Need To Learn How To Use Words" at Forbes
"If Americans value their lives, they must repudiate ObamaCare soundly at the ballot box." -- Paul Hsieh, in "What Should Americans Do After the Supreme Court ObamaCare Ruling?" at PJ Media
"As to how much further liberty we may lose in our lifetimes, it'll depend only on how arbitrary and vicious reigning rulers choose to be, or not." -- Richard Salsman, in "A Finalized Path to Full, Socialized Medicine in America -- Thanks to Conservatives" at Forbes
"In this third and last of my entries on the 'fiscal austerity' debate I discuss how, historically, prosperity has resulted not from the alleged 'stimulus' of government deficit spending but from less government spending and big tax cuts." -- Richard Salsman, in "Fiscal Austerity and Economic Prosperity" at Forbes
"The market doesn't know, care or consider anything we say or do." -- Jonathan Hoenig, in "The Market Doesn't Follow Orders" at SmartMoney
"[I]f you don't own your errors, you'll never grow." -- Michael Hurd, in "Take Back the Power" at DrHurd.com
Looting by Any Other Name
All the commentary on the ObamaCare ruling was worthwhile, but I was particularly happy to see the particular question raised by Harry Binswanger being asked in front of such a large audience.
(Worse than) Useless Jargon
A Forbes piece I ran into some time ago comes close to naming what I despise most about jargon, particularly when used outside a context calling for it:
"Jargon masks real meaning," says Jennifer Chatman, management professor at the University of California-Berkeley's Haas School of Business. "People use it as a substitute for thinking hard and clearly about their goals and the direction that they want to give others."It's also used by the same people to appear, not the least to themselves, to know what they're talking about.
7-1-12: Fixed links to Binswanger and Hurd articles.