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Time To End The Monopoly In Education | Andrew J. Coulson | Cato Institute: Commentary: "The productivity collapse in education is more than staggering; it's unparalleled. Can you name any other service or product that has gotten worse and less affordable over the past two generations? The reason you can't is that no other field is organized as a state-run monopoly.
The general argument against monopolies is well understood and accepted. A concrete case study might drive home the point that monopolies are just as harmful in education as in other fields."
"That is, the [D.C.] voucher program yields substantially better results at less than one-quarter the cost.
For those unfamiliar with the D.C. voucher program, it is the one that President Obama has decided to phase out, despite his stated goal of pursuing education reform that's effective and efficient."
"In literature on education, 59 findings show that markets outperform school monopolies. Not a single study has found a monopoly school system to be as efficient as a market system."
Thursday, July 23, 2009
Doctors Wage War Against Obama's Health Care Overhaul - Political News - FOXNews.com
Doctors Wage War Against Obama's Health Care Overhaul - Political News - FOXNews.com: "As President Obama pushes for passage of his first major domestic policy change, some physicians are waging an all-out war against a health care reform bill they say amounts to nothing more than socialized medicine."
"Some doctors charge the bill will lead to inferior patient care as physician offices around the country triple their patient lists and become forced to ration care."
'"The doctors who have responded this way exhibit a serious case of doctor greed," McDermott told FOXNews.com. "They have lost sight of the common good and the pledge they took in the Hippocratic Oath."'
How will rationing help the common good or be in line with the Hippocratic Oath?
'"These people are practicing fear without a license and they should be subject to a malpractice suit. If things are so good, why are doctors buried under an ever-increasing mountain of paperwork from insurance companies?" McDermott asked.'
No one said that the current system is good -- but the proposed system is much worse!
"Some doctors charge the bill will lead to inferior patient care as physician offices around the country triple their patient lists and become forced to ration care."
'"The doctors who have responded this way exhibit a serious case of doctor greed," McDermott told FOXNews.com. "They have lost sight of the common good and the pledge they took in the Hippocratic Oath."'
How will rationing help the common good or be in line with the Hippocratic Oath?
'"These people are practicing fear without a license and they should be subject to a malpractice suit. If things are so good, why are doctors buried under an ever-increasing mountain of paperwork from insurance companies?" McDermott asked.'
No one said that the current system is good -- but the proposed system is much worse!
Dems Plotting Health Bill Seek $245B for Doctors - Political News - FOXNews.com
Dems Plotting Health Bill Seek $245B for Doctors - Political News - FOXNews.com: "House Democrats want to give doctors a $245 billion sweetener that helps ensure their critical support for a health care overhaul bill."
If they have to bribe them then maybe it isn't such a good idea.
"Their only-in-Washington reasoning is that they already decided to exempt it from congressional "pay-as-you-go" rules that require new programs to be paid for. In other words, it doesn't have to be paid for because they decided it doesn't have to be paid for."
If they have to bribe them then maybe it isn't such a good idea.
"Their only-in-Washington reasoning is that they already decided to exempt it from congressional "pay-as-you-go" rules that require new programs to be paid for. In other words, it doesn't have to be paid for because they decided it doesn't have to be paid for."
Bernanke: Fed Can Handle Financial Supercop Role - Political News - FOXNews.com
Bernanke: Fed Can Handle Financial Supercop Role - Political News - FOXNews.com: "'The Fed has made some big mistakes,' said the panel's highest-ranking Republican, Spencer Bachus of Alabama. Letting the Fed become the financial supercop would be 'just inviting a false sense of security' that would be shattered at taxpayers' expense, he warned."
"Bernanke urged Congress to keep proposals to audit the Fed away from monetary policy duties. 'A perceived loss of monetary policy independence could raise fears about future inflation,' he warned."
i.e. Don't watch what we are doing or bad things will happen. That would be funny if the impact weren't so huge.
"Bernanke sought to assure investors and Congress that the Fed will be able to reel in its extraordinary economic stimulus and prevent a flare up of inflation when the recovery is more firmly rooted."
With the huge increases in the money supply, the political pressure for short-term growth, and the complexity of the economy this is virtually impossible. If the Fed can do that effectively why couldn't it prevent the recession?
"Bernanke urged Congress to keep proposals to audit the Fed away from monetary policy duties. 'A perceived loss of monetary policy independence could raise fears about future inflation,' he warned."
i.e. Don't watch what we are doing or bad things will happen. That would be funny if the impact weren't so huge.
"Bernanke sought to assure investors and Congress that the Fed will be able to reel in its extraordinary economic stimulus and prevent a flare up of inflation when the recovery is more firmly rooted."
With the huge increases in the money supply, the political pressure for short-term growth, and the complexity of the economy this is virtually impossible. If the Fed can do that effectively why couldn't it prevent the recession?
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