On Monday President Biden announced a Cancer Moonshot. The speech was delivered on the 60th anniversary of President Kennedy’s speech announcing his proposal to send a man to the Moon and return him safely to Earth. The Cancer Moonshot speech was delivered at the Kennedy Library in Boston. Leaning into the symbolism of President John F. Kennedy’s…
Category: News and Events
Another Argument against Medicare for All
From my latest column at Forbes:
Consider the effect of having one insurer cover drugs, while the other two are covering medical care. If a diabetic skips his insulin and other medications, that is actually profitable for the drug insurer – since these are expenses it doesn’t have to cover. However, if such non-adherence to a drug regimen leads to emergency room visits and hospitalization, those are costs the other two insurers will have to bear.
Americans Boozed it Up During the Lockdown and Never Stopped
During the pandemic Americans were stuck at home with little social outlet and apparently boozed it up to relieve the stress of Covid, according to an article in The New York Times. Or maybe they thought alcohol taken internally was a good sanitizer for Covid.
Alcohol tax revenues collected by the U.S. Treasury Department rose by eight percent in the fiscal year that ended on Sept. 30, 2021, compared with the previous year, and remain well above pre-pandemic levels.
Monday Links
- Biden rule reverses Trump: Illegal aliens will be given green cards and access to Medicaid, CHIP and other health benefits. (gated)
- Fauci: “We don’t have time” to run clinical trials for updated boosters.
- The booster has been tested on mice. But did the mice survive?
- Laffer lives: Overall tax revenue is up $822 billion or 23 percent so far this year, on pace to be $1 trillion more than CBO projected when the Republican-passed Tax Cuts and Jobs Act (TCJA) passed, and $1.7 trillion more than the pre-TCJA revenue level.
- From 1986 to 1994, hundreds of Cubans suffering extreme economic hardship injected themselves with HIV-infected blood to gain admittance to sanitariums that offered regular meals and air conditioning. (NYT, gated)