President-elect Obama has said that he would promote "wind farms" as one way to create more jobs. This idea is consistent with popular wisdom about wind energy and, therefore, sounded good while Mr. Obama was in the Senate and during his Presidential campaign.
The problem for Mr. Obama now is that this popular wisdom is wrong. Contrary to reports issued by various wind energy advocates, "wind farms" provide few energy, environmental, or economic benefits and create very few jobs - far fewer than could be achieved if the money were used for other investments. Also, wind energy has adverse impacts that advocates like to ignore.
Shifted billions of dollars in tax burden and other costs from "wind farm" owners to ordinary taxpayers and electric customers, and misdirected billions in capital investment dollars to energy projects ("wind farms") that produce very little electricity - which electricity is low in value because it is intermittent, volatile, unreliable with little of it, if any, available on hot weekday afternoons in July and August when electricity is most needed and has high value.
During the last 4 years, the facts about wind energy's true costs and benefits have begun to emerge, even in the media, but they have yet to be understood by most government officials who continue to parrot wind energy advocates.
After Congress defeated President Harry Truman’s proposal for national health insurance in 1949, the nation enjoyed four years of robust economic growth.
The defeat of the Clinton Health Security Act in 1994 was followed by six years of robust economic growth.
The largest step Congress has taken toward universal coverage was when it launched Medicare and Medicaid in 1966. Real economic growth averaged 5.7 percent in the four years prior to 1966, but only 2.7 percent in the four years that followed.
Today’s "USA Today" tells the story of “Phyllis Smith, a 60-year-old uninsured seamstress in Yantis, Texas, [who] goes without medications for high blood pressure and diabetes because she can’t afford a visit to her doctor to get her prescriptions refilled.” The article quotes Smith:
Sort of argues against giving some distant ruler that much control over your life, doesn’t it?
And who knows? Were those distant rulers not doing so much to make health insurance more expensive, perhaps Smith wouldn’t be uninsured.
Were they not doing so much to make routine care so expensive, perhaps Smith could afford that doctor’s visit, or have a nurse practitioner adjust her prescription.
Were they not doing so much to make prescription drugs more expensive, perhaps Smith could better afford her medications too.
Before becoming Barack Obama’s budget chief, Peter Orszag gave his future boss an indirect warning Thursday that health care reform will be neither cheap nor easy.
“(The first report) shows that many of the things that Obama and Congressional Democrats think will save costs, such as preventive care and information technology, won’t really save much money,” said Michael Cannon, director of health policy studies at the libertarian Cato Institute. “It also shows that covering the uninsured will cost a lot of money.”
Better preventive care and health IT would save Medicare $850 million and $22 billion, respectively, over 10 years. Over that time, Medicare is expected to cost $6.7 trillion….
“If you read between the lines, [Orszag is] saying that health care reform will be a blood bath, not quick and easy,” said Cannon.
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