Must Reads for March 23
Wall Street Journal: Liberty and ObamaCare
The powers that the Obama Administration is claiming
change the structure of the American government as it has existed for
225 years. Thus has the health-care law provoked an unprecedented and
unnecessary constitutional showdown that endangers individual liberty.
Forbes: How ObamaCare dramatically increases the cost of insurance for young people
There is no quick fix for the Affordable Care Act’s array
of policy mistakes. We would be much better off repealing the law and
Policymic: Barack Obama follows Bush and piles on debt: Where is the Tea Party?
The numbers haven’t gotten any better last time I checked
yet the movement is silent at the time when their voice needs to be
heard the most.
Chicago Tribune: The federalist solution
What if the real compromise isn't in forcing the left and
the right to heel. What if instead the solution is to disempower the
national elites who think they've got the answers to everything?Must Reads for March 22
Milwaukee Journal Sentinel: Sears Roebuck and the glory of messy chaos
Stasists see Borders succumb to e-books (and Amazon) and
lament the passing of familiar things. Dynamists say: Relax, reading is
thriving. In 2001, the iPod appeared, and soon stores such as Tower
Records disappeared. Who misses them?
Pantagraph: House votes to end legislative scholarships
No money is set aside to reimburse universities for the
cost of the scholarships. Rather, it gives lawmakers the ability to hand
out a select number of scholarships to students attending any of the
state's public universities.
National Review: Obamacare, two years later
It’s still a failure.
Must Reads for March 21
Spotlight on Poverty: Education's missing apple: The free enterprise solution?
We already have successful models for helping low-income
students. What is missing is the means to bring those successes to
schools all over the country. In every other field, it is routine for
the top services and products to reach mass audiences, but there is no
Google of education, no Starbucks, no Apple. Why not?
Wall Street Journal: ObamaCare's costs are soaring
We already know the rosy budget estimates used to sell the law were wrong.
Associated Press: Just $47 billion from Buffet rule tax on rich
That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period.
Featured Letter to the Editor: Let's "benchmark" Scott Walker
Let's benchmark Republican Gov. Scott Walker's efforts to
get Wisconsin's economic house in order and Democratic Gov. Pat Quinn's
efforts in Illinois.Must Reads for March 20
Wall Street Journal: The GOP budget and America's future
The president's budget gives more power to bureaucrats,
takes more from taxpayers to fuel the expansion of government, and
commits our nation to a future of debt and decline.
Wall Street Journal: ObamaCare's flawed economic foundations
The insurance mandate has almost nothing to do with remedying costs imposed on the system by those without coverage.
Los Angeles Times: Tax-friendly attitude hasn't helped Illinois
Income and corporate taxes alike have gone up, but the
state remains deeply in debt. The strain is starting to take a toll on
Financial Times: Obama's tax hikes threaten a new U.S. recession
The risk of dramatic tax increases and an economic downturn next year affects the behaviour of businesses and households today
CBS News: The national debt has increased more under Obama than under Bush
If Mr. Obama wins re-election, and his budget projections
prove accurate, the National Debt will top $20 trillion in 2016, the
final year of his second term. That would mean the Debt increased by 87
percent, or $9.34 trillion, during his two terms.Must Reads for March 19
Chicago Tribune: North Chicago victory
This is the first time the state has stepped into a district and allowed a charter school to open over the wishes of obstructionist local board members.Chicago Tribune: An interview with Caterpillar CEO Doug Oberhelman
Illinois budget problems, workers' compensation expenses hinder further Caterpillar expansion in Illinois, CEO says.Chicago Tribune: Manufacturing an economic myth
If nostalgia were a sound guide to economic policy, we should be building Studebakers and rotary telephones. Neither Santorum nor Obama seems to grasp the realities of manufacturing in 21st-century America.Reason: One woman is fighting back against Bloomington's taxi cartels
Julie Crowe’s dream of starting her own business was stifled when a group of potential competitors pressured City Hall not to give her a taxi license.The Wall Street Journal: The U.S. cruises toward a 2013 fiscal cliff
As tax cuts expire and spending falls, the economy will be hit with a 3.5% decline in gross domestic demand.Featured Letter to the Editor: Lawmakers not doing their jobs
Dear Illinois Legislators: As a lifelong resident of Illinois I feel the need to point out to you a few things that have transpired over the last couple of decades or so.