Walter Williams
Washington's Lies
- By Walter Williams
President Obama and congressional supporters estimate that his health care plan will cost between $50 and $65 billion a year. Such cost estimates are lies whether they come from a Democratic president and Congress, or a Republican president and Congress. You say, "Williams, you don't show much trust in the White House and Congress." Let's check out their past dishonesty.
At its start, in 1966, Medicare cost $3 billion. The House Ways and Means Committee, along with President Johnson, estimated that Medicare would cost an inflation-adjusted $12 billion by 1990. In 1990, Medicare topped $107 billion. That's nine times Congress' prediction. Today's Medicare tab comes to $420 billion with no signs of leveling off. How much confidence can we have in any cost estimates by the White House or Congress?
- Hits: 9268
Is Racial Profiling Racist?
- By Walter Williams
Harvard Professor Henry Gates' arrest has given new life to the issue of racial profiling. We can think of profiling in general as a practice where people use an observable or known physical attribute as a proxy or estimator of some other unobservable or unknown attribute. Race or sex profiling is simply the use of race or sex as that estimator. Profiling represents mankind's attempt to cope with information cost. God would not have to profile since God is all knowing.
People differ by race and sex. Let's look at a few profiling examples to see which ones you'd like outlawed. According to the American Cancer Society, the lifetime risk of men getting breast cancer is about 1/10th of 1 percent, or 1 in 1,000; and 440 men will die of breast cancer this year. For women, the risk of developing breast cancer is about 12 percent, or 1 in 8, and 40,610 will die from it this year. Should doctors and medical insurance companies be prosecuted for the discriminatory practice of routine breast cancer screening for women but not for men?
- Hits: 9103
Senate Slavery Apology
- By Walter Williams
Last month, the U.S. Senate unanimously passed Senate Resolution 26 "Apologizing for the enslavement and racial segregation of African-Americans." The resolution ends with: "Disclaimer. -- Nothing in this resolution (a) authorizes or supports any claim against the United States; or (b) serves as a settlement of any claim against the United States." That means Congress apologizes but is not going to pay reparations, as least for now.
Members of the Congressional Black Caucus have expressed concerns about the disclaimer, thinking that it's an attempt to stave off reparations claims from the descendants of slaves. Congressional Black Caucus Chairwoman Barbara Lee, D-Calif., said her organization is studying the language of the resolution and Rep. Bennie Thompson, D-Miss, said "putting in a disclaimer takes away from the meaning of an apology. A number of us are prepared to vote against it in its present form. There are several members of the Progressive Caucus who feel the same way."
- Hits: 9229
Fraud in Academia
- By Walter Williams
Soon college students will come home and present parents with their grades. To avoid delusion, parents should do some serious discounting because of rampant grade inflation. If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.
Writing for the National Association of Scholars, Professor Thomas C. Reeves documents what is no less than academic fraud in his article "The Happy Classroom: Grade Inflation Works." From 1991 to 2007, in public institutions, the average grade point average (GPA) rose, on a four-point scale, from 2.93 to 3.11. In private schools, the average GPA climbed from 3.09 to 3.30. Put within a historical perspective, in the 1930s, the average GPA was 2.35 (about a C-plus); whereby now it's a B-plus.
- Hits: 9881
Page 36 of 37
Walter E. Williams is a professor of economics at George Mason University. To find out more about Walter E. Williams and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate webpage at 
