Archive for the ‘Government’ Category

Fact of the Day: The Social Security Wage Cap For 2014 Is $117,000

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In a “Fact of the Day” article last November, I wrote that, “eliminating the [Social Security] wage cap while keeping the benefits cap produces a Social Security surplus.” But you don’t have to take my word for it as this is a fact backed up by the Congressional Research Service. But it’s also just common…
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Affordable Care Act, Lies, Foes, Reporting, And Red Herrings

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This week we learned only 6 people enrolled in an insurance plan on Day 1 of the rollout of HealthCare.gov. We also learned that President Obama stretched the truth or flat-out lied (depending on your political persuasion) when he said, “If you like your plan, you can keep it.” We have journalists, left-leaning and right-leaning,…
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If You Like Your Health Plan, You Can Keep It, Unless It No Longer Exists, In Which Case…

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If you like your health plan, you can keep it. That is a line often repeated by President Obama and his administration since passage of the Affordable Care Act in 2010. I think most people knew this was an oversimplification, and you can hardly blame politicians for keeping the word length to a minimum when…
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Your Brain On Laissez-Faire Capitalism: Let The People Build The Bridges

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I’d probably be giving it too much credit to refer to it as a meme, so here’s a silly Office Space “joke” utilizing laissez-faire “logic” that at least a few eyeballs have seen on Facebook: So yeah, this makes for a silly joke of a meme, but the problem is, it doesn’t actually work in…
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Obamacare Website Glitches Reflect Complex Market-Based System

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I’m no fan of the Affordable Care Act. Maybe it was the best we could do in 2010 under the weight of Republican double-dealing and quackery, but the ACA is flawed because it tries to exist within the current health care insurance system. And well, the current system isn’t really a system at all. It’s…
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