Headlines I Wish I Hadn’t Seen

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  1. Noble L. Devotie says:

    “When Mr. Obama pledges to raise taxes on investment income (capital gains, dividends and small-business profits), he is making it costlier to innovate and modernize. That plays out over time into slower gains in productivity and wages.”

    This is the fundamental criticism of higher taxes on investment income, and it couldn’t be more beautifully explained. Why punish people for making good investments? If you lost all your money in the stock market you wouldn’t get taxed, so why raise taxes even higher when someone makes a GOOD investment?

    This is a good article in GQ magazine. While GQ is not known for there political, or policy related journalism, the author does a good (if not unlined)job of demonstrating that through higher taxes personal freedom is infringed upon, and “people” are further controled through government, not, their belief system.

    http://www.gq.com/news-politics/big-issues/201207/amber-waves-of-green-jon-ronson-gq-july-2012

  2. Robert says:

    Well now I wish I hadn’t seen them either!

    Coincidentally, I was just reading a Pew report that came out last week on the matter:
    http://www.pewsocialtrends.org/2012/08/22/the-lost-decade-of-the-middle-class/

    This study reflects the earlier notion that more money is being diverted towards the elderly at the expense of younger generations:
    “From 2001 to 2011, there were distinct differences by age: Adults ages 65 and older were the greatest winners, while other age groups were economic losers”

    The link on “brain drain” will not work without a login to the site.

    Having previously worked in a hospital setting, I have long been aware of the problems from nosocomial infections. One of the root causes of these resistant bacteria lies in overuse of antibiotics, especially when patients fail to take the full course of treatment. Often, patients will take the antibiotics until they begin to feel better and then stop. When this happens and the bug is not completely wiped out, the survivors develop this resistance and live to pass it on.

    As far as new development goes, I feel we need some new sort of incentive in the same line as the Orphan Drug Act of 1983. If the patent rights for new antibiotics were extended to a timeframe longer than the duration required to develop them, perhaps pharmaceuticals would devote more resources towards them.

  3. Studebaker says:

    A superbug that is untreatable by nearly every antibiotic.

    Antibiotic of last resort is 60 years old.

    Maybe medical science will bring back eye of newt, bloodletting and leaches for diseases that afflict mankind — like pneumonia, typhoid and whooping cough!

  4. Robert says:

    Studebaker, now is the time to buy newt stocks!

  5. Jacqueline County says:

    A superbug that is untreatable by nearly every antibiotic.

    “They infused patients with colistin, a decades-old antibiotic that fell out of favor after it became apparent it can severely damage the kidneys. While colistin defeated the superbug in a few NIH patients, in at least four, the bacteria evolved so rapidly it outran colistin, too. Those four died.”

    If they had already experienced cases of kidney failure from giving colistin to patients, did they really expect these four people that received infusions of colistin to survive? As they say, don’t expect different results when you’re doing the same thing over and over…

  6. Dianne says:

    The links on the superbug and the lack of new antibiotics coming out to treat this epidemic are simply astonishing!

    If they can’t even provide reliable up-to-date medication to treat such dangerous and life-threatening epidemic…what’s left for all those people with rather simple conditions, or maybe not so simple, but definitely not as serious as an epidemic? If they can’t step up their game and make sure to generate the necessary antibiotics to treat all these infected people who are just infecting more and more people by the minute, then I’m not sure what’s left for the rest of us…

    That said, props to all the nurses and doctors working at this clinical center who put their health in the line to try different ways to keep this epidemic from infecting other patients. A very admirable work.

  7. Baker says:

    Everyone is doing worse, except for the elderly receiving transfer payments.

    “Every age group has seen a decline in income—except the elderly. Those between the ages of 65 and 75 saw an average 6.5% gain in income, though most are not working and collect Medicare and Social Security.”

  8. Rose Freudler says:

    Real median household income down $4,019 during Obama presidency.

    Do we need to say more?

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