Tuesday, September 24, 2013

Thinking on the Economy and Obamacare

Congress is in a push-pull battle to kill ObamaCare, President Obama's landmark legislation and the one thing that his administration will be known for. I don't think that the House of Representatives will be successful by using the threat of government shut down with the Continuing Resolution.

However I do suspect that the people whose hours have been cut, rates have gone up and access to actual healthcare have been vastly reduced due to this ObamaNation may vote for their very survival in 2014 and that could put the final spike in the coffin of ObamaCare. READ THIS (One Man's ObamaCare Nightmare)
(IBD) In Virginia, a low-income 25-year-old will pay $127 a month for the cheapest plan after subsidies, according to the Kaiser Family Foundation. But the Government Accountability Office found that the mid-priced plan in Virginia today costs just $112 a month. 
And as the New York Times discovered, even these ObamaCare prices are misleading, since the only way insurance companies could keep them low was by severely restricting their networks of doctors and hospitals. 
It notes that a PriceWaterhouseCoopers study found "insurers passed over major medical centers" in many states to keep premiums down. 
Those buying a Blue Cross plan in California's exchange will have access to 47% fewer doctors and 22% fewer hospitals than subscribers can get today, the Times reports 
Meanwhile the mainstream media continues to trumpet the Democratic Party line (mostly lies) and Fox News ratings climb as people turn from the propaganda machine to an effort at fair and balaned.

As to the matter of the US Economy? 20% of it is devoted to healthcare. The Obama White House could screw up just about anything - and they've demonstrated remarkable aptitude to select the wrong thing every time they've had a choice. I suspect that it will take another 3.5 years (providing that the American people don't make another horrible choice) to see real measures taken to fix the economy and undo what Obama did.
(Fox News) 7 out of 10 voters are concerned about their personal health care under the Affordable Care Act and a majority wants to take the health care system back to 2009, according to the latest Fox News national poll.

The poll, released Tuesday, finds that 68 percent of voters are concerned about their health care under the new system. That includes 43 percent “very” concerned and another 25 percent “somewhat” concerned.

The number feeling concerned is more than twice that of those who are unworried (31 percent).

Even a 56-percent majority of Democrats feels concerned (31 percent “very” concerned). By comparison, 72 percent of independents and 77 percent of Republicans feel that way.