As for the government’s assertion that companies are failing to adequately account for all the savings they will enjoy from health-care reform, isn’t that exactly the kind of “creative” accounting that got Enron in trouble? Even assuming the administration is right that the various features of the new law will reduce future health costs, it would be highly inappropriate for companies to try to book these speculative future savings.
John Stossel on government’s valiant effort to eradicate the scourge of unpaid internships. (UPDATE: Here’s the WSJ‘s take on this shameful practice.)
Jonah Goldberg on the ethics of taxation.
