Tuesday, October 25, 2016

Failure and Fingerprints

It is one thing to fail.

It is something different altogether to have total failure and then turn to those with their fingerprints all over the failure and give them another opportunity to "fix it."




That is what Hillary Clinton and the Democrats want American voters to do in this election.

You would not allow this in your business. You would not allow this with a doctor. You would not allow this with a hairstylist. You would not allow this with the football coach of your favorite team. Why would you allow this with a politician?

Barack Obama and the Democrats took office eight years ago and made all sorts of promises.

Remember this one?

"I will sign a universal health care bill into law by the end of my first term as president that will cover every American and cut the cost of a typical family's premium by up to $2,500 a year."

The Affordable Care Act ("Obamacare") is an abject failure. Health care premiums are going through the roof. It was announced yesterday by The White House that the average national Obamacare premium for 2017 will be 25% higher than last year. Bear in mind, that is a national average. In many parts of the country it is going to be much, much worse.

Here is a chart showing the increases in Obamacare health insurance premiums for a 40-year old, non-smoker in various cities across the United States according to the Kaiser Family Foundation in its report "2017 Premium Changes and Insurer Participation in the Affordable Care Act’s Health Insurance Marketplaces". 



Of course, President Obama is out there saying that none of this is his fault or that of the Democrats.

Does he need to be reminded of what he said when he was campaigning 8 years ago?

Does he need to be reminded that every Republican and the House and Senate voted against the Affordable Care Act and warned about this result?

Obama the candidate said that Obamacare would result in savings for everyone. He said that the fact that everyone would have access to coverage would result in lower emergency room visits and uncompensated care at hospitals that were built into everyone's health care costs already. Taking care of this cost would save everyone money.

He is out there today arguing that none of these Obamacare premium increases or anything in the law affects anyone that already has coverage through their employer or a private plan. I think that has been pretty well shown to be false. Remember this line from President Obama?

"If you like your health care plan, you can keep your health care plan."

That line was judged by Politifact to be the Lie of the Year for 2013.

What are the facts on health care premium increases for employer-sponsored plans since Obamacare was enacted? Has it really slowed the costs of health care coverage costs like Obama and the Democrats promised?

Look at this chart by the Kaiser Family Foundation comparing cumulative premium increases for health care for employer plans compared to wages and inflation. Most particularly look at the increase in deductibles for employer plans since Obamacare took effect.




Obamacare has not delivered on almost any promise that was made when it was being sold to the American people.

For example, when it was passed, the Congressional Budget Office stated that 201 million people would have private health care coverage in 2016. The actual number today is 177 million---a shortfall of 24 million compared to the promise. Interestingly, the CBO had projected that 186 million would have private coverage if the law did not pass. That means that there are actually 9 million fewer people who have private coverage today than would have had it but for the passage of Obamacare. These are people saw their employers drop coverage or lost the private plan they liked.

The end result is that we went through all of this with the result that 12 million are now on Obamacare plans but 9 million lost their previous private coverage. A net effect of 3 million people out of 330 million in the country. Granted, this does not include those added to the Medicaid rolls by Obamacare but this could have been done without disrupting the entire system. All at a cost of billions and billions of added costs and bureaucracy. And despite all of this, there are still almost 30 million uninsured people in this country!

What is the solution to all of this from Hillary Clinton and the Democrats?

Double down on the failure that has their fingerprints all over it.

In the meantime, the Republicans in Congress don't have one fingerprint on any of this.

And Donald Trump does not have his fingerprints on any of the failures of Washington.

Where are the failures? They are most everywhere you look in Washington.

Obamacare. The Economy. Our Middle East Policy. ISIS. The Budget Deficit. Race Relations. Immigration. Terrorism. Education. Crime.

I find it interesting that those that have been in charge in Washington for decades can be so dismissive of Donald Trump. They shake their heads and say that he simply does not understand. They say he is in over his head.

Yes, he has had a few failures. Most successful people have. However, his successes have far outweighed the failures. His fingerprints are all over successful ventures. He has delivered on most of his promises over the years. If had not delivered he would have been long gone years ago. You do not survive in the business world if you do not succeed.

It is not the same in Washington. You can bumble along, bamboozle the voters and blame someone else for almost anything. And do nothing but fail for years on end with no consequences. That is the way Washington has worked for years and Clinton fingerprints are on almost everything.

Where are Trump's fingerprints? There is not a trace on anything to do with Washington or the way our government has been run. He has something to show for his efforts.





What more do you need to know?

Why would anyone want to double down on failure?

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