Banking for People, Not for Banks
For a man whose beard generates enough drag to slow a freefall, Bill Booth certainly loved to design parachutes. Through patented parachute improvements and the development of instructor-guided tandem jumping, this aerial Hagrid made his beloved sport safer and more accessible. Since Booth began innovating in the 1970s—presumably while manifesting his destiny across the continent—the […]
The Republican Tax Bill: The Good, the Bad, and The Ugly
Ever since losing control of the government in 2006, Republicans have been striving relentlessly to reclaim their hold on power. Throughout their obstructionist escapades during the Obama administration, Republicans made promises to their voters to enact large-scale conservative reforms once voted back into power, and they were especially intent on reversing the enactment of the […]
A Liberal’s Case Against Single-Payer
The late Massachusetts Senator Ted Kennedy was a passionate advocate of universal healthcare and championed a national health insurance plan during his time in office. As Chairman of the Senate Health Subcommittee, Kennedy proposed a compulsory, single-payer program. The program involved the creation of a public insurance program to replace private insurance, and it didn’t […]
How Our Tax Code Inflates the Cost of Healthcare
Despite our nation’s deep political divide, there is consensus that reducing rising healthcare costs should be a top policy priority. While overall U.S. prices grew on average at below 2% in 2016, health care grew at 4%. For decades, healthcare costs have continued to grow faster than our economy with no signs of stopping. Health […]
Why Healthcare and Taxes Matter
There are no systems more fundamental to American society than the healthcare industry and the U.S. tax code. But they’re also among its most burdensome. In addition to the inherent physical and emotional hardship, health care is a major economic burden, as rising costs put enormous pressure on users. While the insured face ever-rising premiums, […]