Amol Kapila
From the National Center for Policy Analysis:
The disability program is already in a negative cash flow position and the retirement and survivor’s income program is expected to have a negative cash flow in 2010-2011.
The storm clouds are accumulating…
Amol Kapila
I just read a comment a from a reader over at chicagobusiness.com, where he suggests that people who collect unemployment benefits should have such hand-outs subtracted from their social security benefits. In other words, if you collect unemployment benefits for a year, the age at which you can collect Social Security gets pushed back by [...]
Amol Kapila
Obama might follow through on creating a commission to addrses the federal government’s long-term fiscal problems within 10 days. I am not up-to-date on the details of the proposed commission, but regardless, I am generally for it. Whether or not you like it, taxes are going up, entitlements will be cut (either through legislation or [...]
Amol Kapila
Lord Acton has received empirical verification. Power does corrupt, according to a very interesting article from The Economist. (HT: Stephanie)
I wonder if people who call for government intervention in our lives will take anything away from these experiments. Too often, people who want government intervention (in particular, liberals) claim that markets don’t always produce the [...]
Amol Kapila
…one in which politicians think that they are (and often are) above the law, and one in which others have to play by basic moral rules, or at least they should have to.
Next week will feature the release of a book by Andrew Young, a former staffer for John Edwards, former senator from North Carolina [...]
Amol Kapila
This article sums itself up nicely:
The lesson: you cannot simultaneously increase government and curb the special interests.
Amol Kapila
For those who don’t know, there is speculation that Democrats might try to delay the seating of Republic Scott Brown, who just won the senatorial election in Massachusetts, so that he cannot vote against healthcare legislation beng discussed in Washington, which he has promised to do. For those so inclined, you may sign a petition [...]
Amol Kapila
I just read a post entitled “Relief For Haiti: How Student Liberty Organizations Can Help“, on the Students for Liberty blog.
While I agree that private charity is generally preferable to government aid and that this is an opportunity for libertarian organizations to emphasize how private charity can be and is a formidable force, I can’t [...]
Amol Kapila
A couple of months ago, I wrote about David Goldhill’s excellent article in the Atlantic Monthly regarding healthcare. He emphasizes a consumer-centric system, one built around personal responibility for non-catastrophic healthcare costs. It is perhaps the best article I have read on the topic, although I don’t agree with all of Mr. Goldhill’s arguments. If [...]
Amol Kapila
From the Wall Street Journal, evidence that the struggle to win over people’s hearts and minds in favor of liberty may be never-ending:
Near a Lutheran church that was at the center of the 1989 protests, campaign supporters recently rallied for the Left. One particularly loud theme: The excesses that triggered today’s financial crisis wouldn’t have [...]