Wednesday, October 14, 2009

Blunting the Costs of Healthcare Reform

States of Personal Privilege
10/09/09 - WSJ Opinion by by Kimberley A. Strassel

Quip: This bill is vital to our country and will save a lot of money. We just don't want to depend on it.

[edited]

Powerful senators have avoided the most costly provisions of healthcare reform for their own states. They want "reform" for the nation, so long as it doesn't disadvantage the people who support or vote for them.

  • The Baucus bill vastly expands state Medicaid programs, requiring the states to pay an additional $37 billion.

    Senate Majority Leader Harry Reid of Nevada is worried about losing his seat next year. He has arranged for the federal government to pay Nevada's increased Medicaid expenses for the next five years. This applies to only three other states: Oregon, Rhode Island, and Michigan, because they "are suffering more than most."

  • The Baucus bill would tax expensive insurance plans at 40%, so that those with "luxury" health insurance help to pay for the poor. But states like New York and Massachusetts have a lot of those plans, having a lot of union members with great benefits, and high-cost insurance mandated by state regulations.

    New York Sen. Chuck Schumer didn't want angry, overtaxed voters, so he and other similarly situated Democrats carved out a deal to reduce the tax on 17 states, mostly with Democratic politics.

  • The Baucus bill taxes pharmaceutical companies, on the principle that they are filthy rich and involved in health care.

    But, New Jersey boasts it is the "global epicenter" of the drug industry, where "15 of the world's 20 largest pharmaceutical companies have major facilities." Its Sen. Menendez has a deal for a $1 billion tax credit for companies investing in drug R&D.

  • Many Dems assure us that the Baucus bill will "bend down" the health-care cost curve. Michigan Sen. Debbie Stabenow and Massachusetts Sen. John Kerry aren't counting on it. They included $5 billion in the bill to reduce costs for union members.

So, health-care "reform" is good, smart, and necessary, so long as it isn't fully applied to the states of the senators who are pushing it.

Most senators are saving up their special demands for the Senate floor. Then, we'll know how much change Democrats truly believe in.

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Baucus Bill Bull: The Hypocrites In DC Are Trying To Pass a Doozy
10/14/09 - PJTV: Medically Incorrect (video 3 minutes)

A video opinion of the Baucus bill by Dr. Peter Weiss.

Dr. Weiss is an OB/GYN at Cedars Sinai Medical Center in Los Angeles, the Medical Director of Rodeo Drive Women's Health Center and Rodeo Drive Dermatology and Aesthetics, and an Assistant Clinical Professor at the UCLA School of Medicine.

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Obamacare Bails Out Medicare
09/12/09 - Easy Opinions by Andrew Garland
"Healthcare Reform" is a huge tax hike plus rationed medical services.

Saturday, October 3, 2009

Better Through Creative Statistics

Reagan's Unemployment Numbers
10/03/09 - DonSurber's blog - Comment by John D.

[edited]

John D:  I am a little confused when I see unemployment numbers from the Reagan years compared to unemployment since 1993.

I believe that the Clinton Administration changed the formula for figuring unemployment to make the numbers smaller. They stopped counting the long term unemployed and those that had quit looking for employment.

Are the Reagan numbers being compared to numbers using the new method, or have the Reagan numbers been recalculated?

Surber:  They are not recalculated. Good point.

Don't believe government statistics and historical comparisons.

The Democratic President Clinton changed the unemployment computation to make his administration look better compared to Reagan and Bush the father. Bush the son didn't change it back; doing so would have made him look worse.

So, now we have unemployment statistics that specifically leave out the long term unemployed and those not looking regularly for work. People who are in part-time jobs are naturally left out, even if they consider this a fallback from former full-time employment.

This is fine for government, which claims that things are just as good as 20 years ago. This supposed progress is a result of manipulating the numbers.

This distortion builds over time as the definitions change to make things look better. The numbers become more unreal, leaving us ignorant about how effective our policies are.

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USA Healthcare is First - Infant Mortality is Low
01/08/09 - Easy Opinions by Andrew Garland

Health statistics are intentionally misrepresented to argue for socialized medicine. The major argument is that the US spends more than Europe, but lags behind in health outcomes. So, US healthcare is both expensive and inefficient. Actually, government administration hides much of the socialized cost, and the USA has better health.

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Consumer Price Index -
Things You've Suspected But Were Afraid to Ask

10/01/06 - Shadow Stats by Walter J. Williams (John Williams)
Via 11/05/08 - Alpha Dominance

[edited] Inflation, as reported by the Consumer Price Index (CPI) is understated by roughly 7% per year, due to recent redefinitions of the numbers and flawed methods, particularly adjusting prices for changes in quality.

The CPI was designed to help everyone adjust their financial planning to the impact of inflation. Since the earyl 1980's, these statistics have changed to meet demands from miscreant politicians. Politicians were and are intent upon stealing income from social security recipients, without public discussion or Congressional approval.

The Clinton Administration changed the CPI to significantly understate inflation, along with changes in the late-Carter and early Reagan Administrations. Thas has reduced current social security payments by roughly half from where they would have been otherwise.

Anyone who receives payments adjusted by the CPI has been similarly damaged. On the other side, the government makes out like a bandit making payments adjusted by this lowered CPI.