It's time to put prison inmates to work.
In keeping with the Halloween spirit, the Clinton Administration recently unveiled the latest monster to lumber from the capital to terrorize the nation: a global climate change treaty intended to cut greenhouse gas emissions. The tragic flaw in this monster, like Dr. Frankenstein's creation, is its reliance on faulty and overreaching science. And like the Frankenstein monster, the treaty will not produce the benefits touted by its creators.
The National Center for Policy Analysis and Texas Citizens for a Sound Economy will host a reception Wednesday, October 29, 1997 to discuss the impact on Texas of a global climate change treaty.
Should patients, in consultation with their physicians, be allowed to make their own health care decisions? Or must bureaucrats protect patients from themselves and their doctors? These questions are prompted by the issue of Medicare private contracting.
The tax code has always allowed various deductions and credits for investment in physical capital. But there have been few incentives to make comparable investments in human capital – expanding the productive capacity of human beings.
One of the principle arguments against the flat tax, as proposed by House Majority Leader Dick Armey (R-Tex.) and publisher Steve Forbes, is that it would be too good for the rich. That is because the top income tax rate would fall from the current 39.6 percent to just 17 percent under the Armey-Forbes plan. Better we should keep oppressing and penalizing all taxpayers with ungodly complexity and punitive tax rates than allow wealthy taxpayers to keep more of their money, the liberal Washington establishment says.
Though ground-level measurements of temperature show the earth has warmed between 0.3 and 0.6 degrees Celsius in the last 100 years, many scientists and the American public remain largely unconvinced or unconcerned that global warming is a serious threat to society.
A headline in a recent Sunday New York Times read "Crime keeps on falling, but prisons keep on filling." The fact is crime keeps on falling because prisons keep on filling.
Moscow – In 1991 Warsaw newspaper editor Adam Michnik defined the challenge of reforming Poland's economy from Marxism to the marketplace: "All of us know how to switch from a market economy to a planned totalitarian economy. Nobody knows how to switch from a totalitarian economy to a market economy."
The budget agreement passed by Congress and signed by President Clinton includes a provision giving the states $24 billion over five years to extend health insurance to more low-income uninsured children – basically those with family incomes below 200 percent of poverty, not eligible for Medicaid, not enrolled in a health plan or covered by health insurance.