AMERICAN ISSUES PROJECT

Recent Columns

12 Oct 2009
Back in the days of the Soviet Union, two Russian economists who had never lived in a country with a free market economy understood something about market economies that many others who have lived in such economies all their lives have never understood. Nikolai Shmelev and Vladimir Popov said: "Everything is interconnected in the world of prices, so that the smallest change in one element is passed...
11 Oct 2009
No one denies that our health care system needs some work. But the Baucus bill that would take us a step closer to government run health care is not the answer. Taking the American people a step closer to government run health care is not going to fix the system, nor will it save any money. And one of the best ways to cut health care costs is not addressed in the Baucus bill: tort reform. We live in...
11 Oct 2009
I was reading the news recently when I opened the Drudge Report and saw his banner headline, "Dems Plot Second Stimulus." I thought to myself, "That headline is wrong." It wasn't wrong because the Democrats are not considering yet another "stimulus" package. They are. It's wrong because it would be the third. In February of 2008, then President Bush began his abandonment...
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11 Oct 2009
Some of the headlines in recent days are not worthy of belief. No, I'm not referring to the headlines that Barack Obama won the Nobel Peace Prize, however odd that many seem to many (including, it seems, Obama himself). I'm referring to the headlines earlier in the week to the effect that the health care bill sponsored by Senate Finance Committee Chairman Max Baucus will cut the federal deficit...
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11 Oct 2009
WASHINGTON -- Every generation of Americans should live better than its predecessor. That's Americans' core definition of economic "progress." But for today's young, it may be a mirage. Higher health spending, increasing energy prices and stretched governments at all levels may squeeze future disposable incomes -- what people have to spend -- and public services. Are we condemning...
08 Oct 2009
The year wouldn't be complete without another funding crisis riddling the mass transit agencies in Illinois. It has been something of a routine. The Chicago Transit Authority, along with the suburban authorities Pace and Metra, cry poor and petition the state's General Assembly for more operating funds. A "Doomsday Scenario" is presented, and constituents get the picture. If the General...
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08 Oct 2009
When Humana, one of the nation's largest provider of Medicare supplement plans, sent a mailer to its members informing them of possible reductions or changes to Medicare as a result of the Baucus senate health care bill, hell broke loose in Washington. The DHHS and the Centers for Medicare and Medicaid Services ordered Humana to cease and desist their campaign to inform seniors about the consequences...
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08 Oct 2009
In trying to understand what is happening in the nation and world, we all employ narratives -- story lines that indicate where things are going and what is likely to happen next. We can check the validity of these narratives by observing whether events move in the indicated direction. If so, the narrative is confirmed. But if things seem to be moving in an entirely different direction, it's time...
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