36 Chambers – The Legendary Journeys: Execution to the max!

August 22, 2009

A Few Notes (Glad Tidings Edition)

Filed under: Curmudgeonliness, Economics — Kevin Feasel @ 9:56 pm

- Who are the uninsured? They mostly fit into (at least) one of the following categories:  already covered under Medicaid/CHIPS, non-citizens (many of whom, I would gather, are here illegally), those who are young and healthy, and those who are wealthy enough to afford insurance but choose not to purchase it.  Take those out and you have a much smaller core of individuals for whom you could make the argument that some kind of insurance would be beneficial and for whom taxpayer dollars ought to be spent.  I’d still disagree with that argument, but it’s better than passing along the “there are 950 million uninsured Americans who could die any minute!!!!!!!” hyperbole.

- Thank goodness our federal government is protecting us from the horrors of garage sales. Joe Biden’s on the job!

- I’m sure glad we don’t have a President who makes stupid verbal errors and spits out incomprehensible things. Or maybe he was actually speaking French…

- I’m sure glad that mean ol’ Congressional Budget Office was totally wrong on projected deficits from The Obama Experience. But hey, what’s $2 trillion among friends?

- I’m sure glad Democrats in leadership positions have forgotten that a good chunk of their party don’t even come from San Francisco or (gasp!) New Jersey. (Actually, I am glad about this; that limits what they can do).

- I’m sure glad the ACLU is spying on American citizens. There’s something ironic in the whole story.

- I’m sure glad Democrats, most of whom have never held a real job in their lives, are qualified to determine what form of compensation denotes “excessive” and that health care companies should just spit out all of their documents for propaganda research purposes.

- Finally, Bob Murphy points out one of the problems of regressions. Running a regression against one data sample doesn’t tell you the full truth.  It’s a shame that Krugman the Political Hack murdered Krugman the Economist in his sleep roughly a decade ago…

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