Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Welfare Theorems

Huffington Post has a post on a new proposal from Department of Health Education and Welfare apparently allowing conflation of contraception and abortion for those using federal money in their…

Trade policies and the campaign

…However, such these labels do not accurately describe either candidate. And it does not fully portray the candidate, Mr Obama, who has the more optimistic vision of trade. The conventional…

Return to Reagan Era

…development contracts. In 1991, the Congress passed a law requiring DoD to use cost plus development contracts with its warfare welfare partners. This was required because during the Reagan warfare…

First lesson in econ for kids….scarcity

…to develop mechanisms (such as pricing, incentives, or penalties) to achieve an optimal outcome (in terms of consumer welfare). Certain goods are likely to remain inherently scarce by definition or…

Soc Sec XXXII: Means Testing as a Trojan Horse

…The strength of Social Security is precisely in its insurance model. Eliminate the cap without increasing benefits and you move it to a welfare model. Means test it and you…

The Rule of Law: Compare and Contrast

…8. The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the…

A true statement for fiscal responsibility…

lifted from comments cactus style by reader FA What IS relevant, is add up ALL social spending, HHS, Medicaid, Medicare, Welfare, SS… and then subtract it from the budget. Compare…

Experiment: How would you advise Sen. Clinton?

…manifests out of selfishness. It is the “lazy” in the presentation of the fat American, the me generation, the welfare queen, the illegal immigrant. It’s easier to focus on the…