Home
In this issue
December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review April 16, 2012/ 24 Nissan 5772

Ouch! Decade of Obamacare to cost $1.2 trillion

By Michael Barone




http://www.JewishWorldReview.com | How much will Obamacare -- call it the Patient Protection and Affordable Care Act if you like -- cost over the next 10 years?

More than you've been led to believe, reports Charles Blahous of George Mason University's Mercatus Center. To be specific, he projects it will add $1,160 billion to net federal spending over the next 10 years and at least $340 billion to federal budget deficits in that time.

Blahous was appointed by Barack Obama as one of two public trustees of the Social Security and Medicare programs. He worked on these issues in George W. Bush's administration and submitted his Mercatus paper for anonymous peer review.

Why does he say Obamacare will increase spending when the Obama administration, citing Congressional Budget Office numbers, promised it will save money?

One reason is that the CBO said Obamacare's CLASS Act provisions would save money, since the government would collect premiums immediately but not pay off policyholders until later.

But Health and Human Services Secretary Kathleen Sebelius has conceded that the CLASS Act is unworkable, and so Blahous zeroes out those phantom savings.

Another reason Obamacare was supposed to save money is that it raises the Medicare tax 0.9 percent for high earners. It then dedicates those resources both to Medicare and to general revenues, with the CBO counting the savings twice.

That's because under a 1985 internal ruling (not a full-fledged law passed by Congress) the CBO scores the costs of legislation against a hypothetical baseline rather than against current law.

But, as Sebelius conceded to Congress in March 2011, that's double counting. The government can't spend the same money twice. Medicare tax revenues dedicated to current Medicare spending can't be used to reduce the budget deficit. That's true "in practice," Medicare chief actuary Richard Foster wrote last year, despite the CBO's scoring procedure.

And, as Blahous points out, if the funds don't go to Medicare then under current law, Medicare will go broke faster and be forced to reduce benefits. Since Congress is not likely to let that happen any sooner than it has to, the deficit reduction promised by the CBO score and claimed by the Obama administration simply ain't going to happen, no how, no way.

To all of which the Obama White House says only the CBO numbers should count and that Blahous worked in a Republican administration. This is about as intellectually serious a reply as "Nyah, nyah, nyah nyah nyah, nyah."

Which is what we are coming to expect from the Obama White House. Consider the president's Supreme Court trash-talking earlier this month.

The supposed constitutional scholar didn't seem to know that the Supreme Court has been overturning laws since Marbury v. Madison in 1803. He suggested the Lochner case was an example of the Supreme Court striking down New Deal legislation. But Lochner was decided in 1905 and overturned a state, not a federal, law.

Similarly, Obama characterized House Budget Chairman Paul Ryan's budget as "social Darwinism" and falsely said it would require zeroing out spending for various wonderful programs. And he has heaped scorn on those who harbor any doubt that renewables will become major energy sources in the 21st century.

His experiences in university neighborhoods and Chicago politics have apparently left Obama ignorant that there are intellectually serious arguments against liberal policies. So when presented with such arguments by Paul Ryan and others, he scowls, calls people names and does the intellectual equivalent of stamping his feet.

Someone needs to tell him that combining arrogant condescension with intellectual shoddiness is not a winning political tactic.

Or a winning governing strategy. Obamacare's architects also combined arrogant condescension with intellectual shoddiness. They shamelessly gamed the CBO scoring process to make Obamacare look like a money-saver. They threw in unworkable programs like the CLASS Act to make political points.

And so when Charles Blahous totes up the numbers and give us an idea of what Obamacare would really cost, they are left without an intellectually serious reply.

If Obama really knew constitutional law, he might remember that the Supreme Court unanimously overturned the National Industrial Recovery Act in 1935, after it became clear that, with its 700-plus industry groups setting wage and prices, it was unworkable and was becoming increasingly unpopular.

The legal arguments are not quite on point, but Obamacare is looking to be as unworkable as the NIRA and even more unpopular. Plus, as Charles Blahous has established, hugely more expensive than advertised.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

JWR contributor Michael Barone is senior political analyst for The Washington Examiner.




Michael Barone Archives

© 2009, Washington Examiner; DISTRIBUTED BY CREATORS SYNDICATE INC.

Columnists

Toons

Lifestyles