Hobby Lobby, Obamacare, and Remedial Economics

English: Barack Obama delivers a speech at the...

English: Barack Obama delivers a speech at the University of Southern California (Video of the speech) (Photo credit: Wikipedia)

Well, I’m sure you know that the Supreme Court decided that a privately held corporation (defined as held by less than 5 people) can have religious beliefs. In fine it was decided that Hobby Lobby has the right not to provide, without cost 4 (out of 20) contraceptives. Their employees still can, of course, still obtain them, they just have to pay for them, as they have for twenty years. Those four act as abortifacients, which are defined as stopping a fertilized egg from implanting. It was a very narrow decision, not that you can tell from the absurd wailing and gnashing of teeth.

But what I really want to talk about today is economic theory. We are watching the greatest economic miracle in world history be subverted by a bunch of economic Luddites. I’m not at all sure that they are not full disciples of old Ned as long as they get to be the aristocracy. And that’s the difference as we’ll see here.

Let’s start with a superficial overview of world economic history. Here there really is a graph that looks like a hockey stick, unlike the charlatans of the ‘Church of Anthropogenic Global Warming’.

In case you missed it in the video, here is that graph again

Why then? Because of this

We’ve been hearing all our life how FDR saved the country in the Great Depression. He didn’t. He continued Hoover’s policies and even made them worse. What brought us out of the Great Depression was World War II, which you could make a pretty good case that the ‘great’ Progressive, Wilson, caused. Here:

Let’s bring it on down to now, and talk a bit about Obama’s policies

And do note that Bush played Hoover to Obama’s FDR quite well.

Just to bring us around the circle, here is what Dr. Sowell told us about Obamacare, even before it was passed.

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4 Responses to Hobby Lobby, Obamacare, and Remedial Economics

  1. the unit says:

    Seems Hobby Lobby does not deny anyone any care they wish to afford, they never denied anyone anything that was promised. Obamacare has denied certain life preserving drugs that at least some folks thought they were to get, and they used to get with former insurance. And for me cuts to Medicare have cut me to one PSA a year instead of the twice a year my doctor wanted. And now he says that there is no treatment for my cervical foraminal stenosis which keeps me in almost continual pain. I don’t know if Obamacare has anything to do with that, and after reading the surgical remedy, I doubt I’d do it anyway.
    As to remedial economy, I’m trying. Microwave above stove top has halogen lamp for illumination that was burning out every couple of weeks, 5 bucks a bulb. Since I’ve used Gorilla Tape to cover all cracks in swinging door cover I now get a couple of months (supposed to be 1.4 year life). I put in with rubber glove so as not to touch, but I think the steam rising must have oil content to contaminate. Maybe I’ll weld up the door. They say Edison’s original light bulb is still burning some place or ‘nother. 🙂

    Like

    • NEO says:

      I don’t know either, except that it one heckova mess now, it was bad before but this is ridiculous.

      Most likely you’ve diagnosed the bulb problem correctly, I usually wipe them down with rubbing alcohol but in that application it likely is getting some oil from the environment.

      Yep, it is. But with the proviso that it’s filament is barely bright enough to glow, like running a bulb at about 80 volts or so. 🙂

      Like

      • the unit says:

        “80 volts.” Heck, 25 watt halogen over stove ain’t much better. But it’s good to get by with a little help from your friends! 🙂

        Like

        • NEO says:

          Yep, it sure helps. 🙂

          Like

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