The Compassion of Capitalism and the Cruelty of Socialism

compassion of capitalism (1)
There are two ways to amass wealth: you can make it or you can take it. In today's show, Jay and Kim have a conversation about the compassion of capitalism and the cruelty of socialism.

How TABOR helps check the Medicaid industry’s growth

Linda Gorman is the director of the Independence Institute’s Health Care Policy Center. She joins Kim today to discuss her latest article on Complete Colorado, Taxpayer’s Bill of Rights Helps Keep Medicaid Growth Industry in Check.

From Gorman’s article:

Voters need to keep the Colorado Medicaid program in mind when the tax and spend coalition starts beating the drums for repealing the Taxpayer’s Bill of Rights (TABOR), which limits the annual growth of a portion of state spending to a very reasonable formula of population growth plus inflation.

In the FY 2017-18 Colorado Comprehensive Annual Financial Report (CAFR), the State Controller’s Office reports that state expenditures fell “due to decreases in the social assistance function resulting from less spending on purchased medical services.” In other words, lower Medicaid enrollment means less state spending.

Read the entire article here.

The compassion of capitalism and the cruelty of socialism

Jay Davidson, the founder of First American State Bank, knows first hand the rewards of capitalism—and as an employer and a philanthropic presence in the Denver metro area, he also knows that capitalism can be a powerful resource for helping others. There are two ways to make money: you can make it or you can take it. In today’s show, Jay and Kim have a conversation about the compassion of capitalism and the cruelty of socialism.

 

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