Friday, March 3, 2017

Links for 03/03/17

Links for 03/03/17: At Politico, Secretary of Commerce Wilbur Ross says he and his team are busy finding regulations to eliminate. Mark my words: Ross may prove one of the more dangerous members of Team Trump, not least ...

MGB: Ross does not understand that major industries benefit more from regulation than it's absence.  No one in Trump's cabinet seem to be experts or advocates of small business, who are often made worse off from regulations. Once the Chamber of Commerce reminds them of this, the deregulation fad will wear off.

Health care reform as passed already championed big-government Republicanism.  The Ryan/McCain model makes economic sense, provided that you consider health care a normal good, which it is not. Their approach, which eventually will replace all comprehensive insurance, will never receive popular support.  The only way to go that makes progress is single payer with some kind of employer based consumption (rather than payroll) tax (profit should be taxed too), with offsets for employers who provide alternative medical care.

Dogs are spiritual and Ambrose is no exception.  Our hearts go out to him.

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