Time for Thorns

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Archive for January 9th, 2011

Detroit dying…

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These are the saddest pictures.   Detroit was once upon a time a rich city which profited from the automobile industry.  It is now a decayed,  dying wreck,  and still led by Democrats,  as it has been since 1962,  when incumbent Louis Miriani was ousted by a sharp young black politician.   There’s a parable in there somewhere….

h/t to Jonah Goldberg at The Corner

And if I had a couple of spare million,  I’d be there committing architectural salvage to save as many of the lovely old bits and pieces as I could.   Know anyone with a pile of cash to spare and a good construction crew?

Written by timeforthorns

January 9, 2011 at 11:58 pm

ObamaCare magic…

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Cato’s Michael Cannon points out that the Centers for Medicare and Medicaid Services, which issues an annual report on national health care expenditures,  reclassified some public spending as private,  making government’s role in health care appear smaller.

Without that bit of trickery,  government’s share of spending would be nearly 50%,  giving more ammunition to critics charging that ObamaCare represents a government takeover of medicine.

Do follow Philip Klein’s link to the Cato report to see the very useful graph showing all this.   And yes,  this is more cooking the books on ObamaCare.

Klein also has a  useful post up on the new  report by the Congressional Budget Office estimating that repealing the national health care law would add $145 billion to the deficit from 2012 to 2019, and $230 billion through 2021.   Liberals are shouting this from the rooftops,  but the CBO’s estimates are mostly based on CBO projections from when ObamaCare passed last March.  Those  projections reflected the Democrats’ use of many accounting gimmicks,  without which CBO has acknowledged the law would increase deficits.   Douglas Holtz-Eakin  adds more explanation,  Rep. Paul Ryan  weighs in with real numbers,   and Joseph Lawler chimes in on repeal being the proper course,   here.

Right on cue,  the L.A. Times reports Blue Shield of California is  seeking rate hikes of 59% due to costs attributable to ObamaCare.  (h/t Daniel Foster at The Corner)

Written by timeforthorns

January 9, 2011 at 9:43 am