On top of doing little good, endless rules kill the
freedom that made America the land of opportunity. We preach
entrepreneurship, and try to teach children the value, satisfaction and
excitement of starting their own businesses.
Never before in American history have a majority of
states sued to have a federal law declared unconstitutional. The people
of the United States, speaking through their elected state officials,
have made it very clear that they consider this unique law is not an
exercise of power which the Constitution granted to Congress, but rather
a usurpation of powers which were never granted.
Illinois joins Connecticut and Hawaii among U.S. states
with the largest debt burdens relative to residents’ personal income,
when pension obligations are added, according to new measurements from
Government mandates that hospitals and physicians treat
the uninsured. Hospitals and physicians then, in turn, jack up their
prices in order to get compensated for the "free" care which then feeds
into higher insurance premiums for people who buy health insurance.
In Year One of the Obamacare era, we got a preview of
what is to come. We know that Year Three will be pivotal for the law’s
future, between the Supreme Court and the November election. But it was
what we learned in the last twelve months that set the stage for this
pivotal, upcoming year.
As the legality of the Patient Protection and Affordable Care Act - a.k.a. ObamaCare - goes before the highest court in the land, here are three reasons to chuck the whole program even before it gets underway.
One of the last states to have a tax rate as high as California is proposing was Delaware in the 1970s. Its rate hit 19.8%. Then-Governor Pete du Pont cut the rate to 10.3% in 1979 and later to 5.95%, and after five years the state's revenues had nearly doubled and its credit rating went from the worst to one of the best.