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Jobs, Health Care, and Synthetic Trees

Daily Update

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Jobs, Health Care, and Synthetic Trees

The Senate passes an $18 billion jobs bill.

The Associated Press reports that health premiums will go up under health care reform.

The Competitive Enterprise Institute is celebrating Human Achievement Hour instead of Earth Hour on March 27th.

1. BUSINESS

The Senate passes an $18 billion jobs bill.

CEI Expert Available to Comment: Warren Brookes Fellow Ryan Young on why the jobs bill is a waste of money.

“The hope is that the new spending will create jobs. But hope is not the same as reality. Remember: anything that Washington giveth, it must first taketh away from somewhere else. This jobs bill is a zero-sum game. All those new jobs that politicians will be showing off for the cameras will have come at the expense of other jobs elsewhere. On net, they're not creating a thing. “

 

2. HEALTH

The Associated Press reports that health premiums will go up under health care reform.

CEI Expert Available to Comment: Senior Counsel Hans Bader on how even liberal news outlets are realizing the truth about the health care bill.

“Obama’s health care plan will further increase deficits, as even Democrats have admitted.   Obamacare would reduce medical innovation, raise taxes, drive up insurance premiums, break campaign promises, and increase state deficits.  It  would cut the quality of  care, while imposing restrictions that failed when tried at the state level.  It ignores advice from experts about how to cut costs.”

 

3. HUMAN ACHIEVEMENT

The Competitive Enterprise Institute is celebrating Human Achievement Hour instead of Earth Hour on March 27th.

CEI Expert Available to Comment:  Policy Analyst Michelle Minton on one human achievement of 2010, synthetic carbon-absorbing trees.

“The ‘trees’ are similar to devices used to capture carbon from the flue stacks of carbon power plants, but the major difference is that these new trees capture ambient carbon from the environment at all times. One thing this achievement highlights is how environmental problems can be solved by the free market. Rather than passing laws that simply mandate industry use less energy or emit less carbon dioxide, creating an effective way to reuse energy and create cheaper fuels is likely to result in systemic changes in the way energy and pollution are dealt with. “