medicare

Social Security, Medicaid and Medicare Protect Us From Much Worse

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Experts too easily forget that “government spending” is a benign way of describing central planning of precious resources.   Which means it fails repeatedly. Rich as the U.S. presently is, we’re a fraction as rich as we could be if the federal government weren’t such a size allocator of wealth not its own. It […]

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Without Billionaires, There Would Be No Medicare and No Debt

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Do Bagladesh, Haiti and Peru have Medicare-style programs soon to cost $1 trillion annually? Hopefully the question quickly answers itself. Ideally it also answers Washington Post columnist Catherine Rampell’s puzzling lament that “The GOP’s recent tax-and-spending bill is a huge transfer of wealth from the poor to the rich.” Without defending the vastly overrated tax and

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