Free Markets, Free People

Billy Hollis

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What’s so wrong with free-lance wealth redistribution?

As a counterpoint to McQ’s post on the pirate incident, a humorist endeavors to predict the Obama administration’s response:

For too long, America has been too dismissive of the proud culture and invaluable contributions of the Pirate Community. Whether it is their pioneering work with prosthetics, husbandry of tropical birds or fanciful fashion sense, America owes a deep debt to Pirates.

The past eight years have shown a failure to appreciate the historic role of these noble seafarers. Instead of celebrating their entreprenuerial spirit and seeking to partner with them to meet common challenges, there have been times where America has shown arrogance and been dismissive, even derisive.

Finally, to all pirates listening to international broadcasts, shortwave services and ship-to-shore radio, let me say this:

Ahoy, me regret arr relationship has set sail in a scurvy manner. Arr people share many mutual ‘alues and concerns on t’ raging main. Perchance, could ye handsomely release the cap’n o’ the ship and I assure that no harm will come t’ ye or ye hearties.

Well, it’s no sillier than thinking you can solve a problem created by too much debt by going a whole lot further in debt.

“The Brokest Generation” – something that every under-30-year-old ought to read

There are plenty of good writers around, but there are only a few who cause me to pause during reading and think “Oh, how I wish I could write like that.”

Mark Steyn is in that group. Just about anything he writes is worth reading, and he is the best in the business at being funny and thought-provoking at the same time.

Occasionally, though, he captures the essence of an issue in a way no other current writer can. His current article at National Review, “The Brokest Generation“, is in that category. Go read it yourself, and then pass it along to the folks who are going to be paying for the folly of the Obama years (and the somewhat-lesser follies of the administrations that preceeded him).

It’s true irony that the chanting, swaying kids in the creepy Obama videos will be the ones who pay the highest price for Obama’s fumbling foolishness. Per Mark:

As Lord Keynes observed, “In the long run we’re all dead.” Well, most of us will be. But not you youngsters, not for a while. So we’ve figured it out: You’re the ultimate credit market, and the rest of us are all pre-approved!

The Bailout and the TARP and the Stimulus and the Multi-Trillion Budget and TARP 2 and Stimulus 2 and TARP And Stimulus Meet Frankenstein and the Wolf Man are like the old Saturday-morning cliffhanger serials your grandpa used to enjoy. But now he doesn’t have to grab his walker and totter down to the Rialto, because he can just switch on the news and every week there’s his plucky little hero Big Government facing the same old crisis: Why, there’s yet another exciting spending bill with twelve zeroes on the end, but unfortunately there seems to be some question about whether they have the votes to pass it. Oh, no! And then, just as the fate of another gazillion dollars of pork and waste hangs in the balance, Arlen Specter or one of those lady-senators from Maine dashes to the cliff edge and gives a helping hand, and phew, this week’s spendapalooza sails through. But don’t worry, there’ll be another exciting episode of Trillion-Buck Rogers of the 21st Century next week!

This is a connection we need to be making over and over again: when the mountain of federal debt finally collapses of its own weight, the younger generation will be hurt the worst. Most of the people who fomented the crisis will have long since passed on, or be comfortable in their retirement because of the assets they were able to accrue at taxpayer and lobbyist expense. They will have gotten what they wanted: time in the sun, running things, letting others pay them obeisance, getting respect they don’t really deserve. Either they are too stupid to realize what they are doing to the next couple of generations, or they are too mendacious to care. The sooner the younger generations learn the con job that has been perpetrated on them, the better.

Presidential Anecdotes

In honor of Presidents Day, The Corner has a couple of posts about an underappreciated president, Calvin Coolidge. I like “Silent Cal” too, and there are a couple of anecdotes (hopefully not apocryphal) that I particularly like.

A lady was seated next to President Coolidge at a dinner party and chattered at him all night. He said nothing. Towards the end of the evening the woman told Coolidge she had a bet with a friend that she would be able to get Coolidge to say more than two words during the dinner party. He looked at her and said “You lose.”

The second one I found in the out-of-print book Presidential Anecdotes. President Coolidge and the First Lady were visiting a large chicken farming operation, and were being taken on separate tours. In the breeding area, the manager mentioned that each rooster was used to service a hen several times a day. The First Lady told the manager to please tell that to President Coolidge.

The manager did so. President Coolidge replied “Same hen every time?” The manager said, “No, different hen every time.” Coolidge then said “Make sure you tell that to Mrs. Coolidge.”

***Update*** I just discovered that there’s a new edition of the book Presidential Anecdotes. I have the 1981 edition, and it was updated in 2007 up through Bill Clinton.

If the logic behind the stimulus applied to everyday life

I was thinking something as I watched the video that McQ posted earlier. Those guys point out several times that it’s pretty silly to think you can solve a problem created by too much borrowing and spending by doing a lot more borrowing and spending.

If everyone followed that logic in everyday life, imagine the results:

“Gosh, I’m forty pounds overweight now. I better start eating more.”

“Honey, you’re getting too many speeding tickets.” “Well, then, I better start driving faster.”

“That girl says I irritate her, but I really like her. I guess I should start being more obnoxious.”

“Oh, dear, the roof is leaking again. I better make the hole bigger.”

I’ve been expecting some sort of major meltdown at some point since I first became aware of the demographics of Social Security and the trend lines for government spending about thirty years ago. But I never would have predicted that so many supposedly smart and serious people would take blatant nonsense seriously.

I think the last two words can be removed

Via Instapundit, Commentary Magazine, CNN’s Campbell Brown,  says:

Congress clueless about retreats

Based on the stimulus discussion now underway, I think the last two words are redundant.

(Update noon CST – Sorry, I was reading something on Commentary Magazine, saw the “Commentary” in the headline of this article, and got momentarily confused about what I was reading. Bryan Pick was kind enough to tip me off. Thanks, Bryan.)

Another software disaster in the making?

Over at The Corner, there’s a discussion going on about medical records, prompted by this sentence in the “stimulus” plan:

“Computerizing every American’s health record in five years, reducing medical errors and saving billions of dollars in health care costs.”

There are the usual (and valid) privacy concerns. But Iain Murray goes further, and wonders:

I’m not sure why insurance companies haven’t insisted on it, but my guess (and I stress it is a guess) would be some regulations related to privacy, which was the source of the AMA and ACLU’s opposition in the past.

From someone sitting inside the world of healthcare software, perhaps I can enlighten things a bit. Privacy is only one of a host of challenges. A bigger obstacle is the difficulty involved. Creating the software that manages patient data electronically is, to put it bluntly, beyond the capabilities of almost all software developers. It’s really, really hard.

Here are some of the challenges in creating such software:

1.  The data is very complex. It’s not just numbers and text; it includes all kinds of media, which needs to be interpreted and annotated.

2.  The data evolves rapidly over time. New tests are constantly being created.

3.  How the data is interpreted varies rapidly over time. Today’s rule might be “you need a prostate exam if you’re over 50 and blah, blah”, but a cheaper, less invasive test next year might mean it changes to “you need a prostate exam if you’re over 40, period.”

4.  The users are very difficult to please. Doctors are the most difficult users I’ve worked with in an entire career of software development. They won’t sit still for two weeks of training. If it’s too hard to use, they just won’t use it. They’ll keep using paper. (Given the responsibilities with people’s lives they have, that’s understandable.)

5.  There are laws (HIPPA) concerning privacy that are difficult to design for. The rules are not prescriptive, so you don’t really know if you have satisfied the law until some auditor tells you whether you have.

6.  Existing systems are very fragmented, and typically include only a small minority of information such as prescriptions. But that data must still be brought in. So transitioning to a new system is very, very hard because all kinds of weird data must be imported. That transition has to be right; errors introduced during transition would be a huge legal risk.

I’m not sure it was even possible to satisfy all these constraints with technology until the very recent past. We now have much better technology for user interfaces, and better technology for transporting records around. But it still takes extreme architectural and design skills to create a system that can incorporate entirely new types of data and rules by clinicians without the involvement of a programmer.

That means in particular that this can’t be a big government job. The IRS and their four billion dollar debacle showed the problems government has with creating large systems. I simply don’t think any government effort could attract and keep the talent needed for this task.

Even private entities in the healthcare world have trouble with complex systems. HCA Healthcare attempted to write a next-generation patient accounting system, and wrote off some $130 million, and I’m pretty sure the actual amount of money spent (on a system that was thrown away) was much higher than that. 

It’s easy for liberals, and even some “compassionate conservatives” to see the opportunity for saving lives and saving money, and just want to pass a law to make it happen. I don’t think I have to tell the people who frequent this site why that’s a bad idea. We could end up wasting tons of money.

But there’s a potential outcome that’s even worse. If an inadequate, buggy, brute force, low tech system were rushed into being, and its use was mandated, that would block the adoption of an innovative, more modern, better system that could be developed later. We would effectively be frozen into using that system, just as the air-traffic control system was frozen on old, obsolete technology for decades.

To sum things up, there is enormous opportunity to improve healthcare by applying technology to clinical patient data. But it’s a huge challenge too. And the more government tries to push it before it’s ready, or to command it into being the more likely that the potential won’t be reached.

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