Behind those enrollment numbers

Once in a while, you read something that you want to share with friends and AT readers.    Charles Blanhous' paper on The Affordable  Care Act is remarkable.    Before I go any further, let me tell that Mr Blanhous is "....the director of spending and budget Initiative, a senior research fellow at the Mercatus Center at George Mason University and a public trustee for Social Security and Medicare." His analysis is that the ACA is unsustainable, no matter how many people they tell us have signed up for it: "It is quite possible that the ACA is shaping up as the greatest act of fiscal irresponsibility ever committed by federal legislators. Nothing immediately comes to mind as comparable to it. Certainly no tax legislation is, because tax rates rise and fall frequently, such that one Congress’s tax cut can be (and often is) undone by a later tax increase. The same is true for legislation affecting...(Read Full Post)