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Obamacare projected to cut employment

13 Feb

obamacare 3 years laterFeb. 13, 2014 @ 07:11 AM

MARK CASERTA

Can it get any worse for Barack Obama and his signa­ture healthcare law? Until now, the Obama administra­tion has only had to worry about stories of canceled health plans, low enrollment and a botched website rollout. But now they’ll have to figure a way to counter last week’s Congressional Budget Office (CBO) figures regarding Obamacare’s projected impact on jobs and the economy.

Last week CBO Director Douglas Elmendorf delivered testimony on Capitol Hill that the Affordable Care Act will create a “disincentive for people to work,” adding fuel to Republican arguments that the law will hurt the economy.

The non-partisan CBO report found that more people would opt to keep their income low to stay eligible for federal health care subsidies or Med­icaid. The workforce changes would mean nationwide losses equal to 2.3 million full-time jobs by 2021, the report said.

House Speaker John Boehner believes the report validates the GOP’s longstanding concerns.

“For years, Republicans have said that the president’s health care law creates uncertainty for small businesses, hurts take-home pay, and makes it harder to invest in new work­ers,” Boehner said in a state­ment. “The middle class is get­ting squeezed in this economy, and this CBO report confirms that Obamacare is making it worse .” Interestingly, the mounting evidence against the presi­dent’s healthcare law has even liberals admitting the bill may be flawed. Yet many still sug­gest it will provide affordable healthcare for everyone.

Time truly dissipates the facts, so allow me to refresh the memories of forgetful liberals.

Pre-Obamacare, based on a 2011 study by the Department of Health and Human Services, there were approximately 25 million people in our nation uninsured. But according to the CBO, once the bill is fully implemented, the end result will be approximately 30 mil­lion people still left uninsured! Sure, there will be new people getting health care coverage. But liberals ignore the mil­lions who have already lost their coverage and the millions more projected to lose their coverage when the employer mandate takes effect in 2015 for larger businesses.

Liberals also ignore the fact that Barack Hussein Obama knowingly misled Americans into thinking they could keep their healthcare coverage if they liked it.

“No matter how we reform health care, I intend to keep this promise,” Obama told a Town hall in Wisconsin. “If you like your doctor, you’ll be able to keep your doctor; if you like your health care plan, you’ll be able to keep your health care plan.” This grandiose misrepresen­tation won Obama the Politi­fact “Lie of the Year” award. Attempting to rewrite history by claiming what he “actually” said was Americans could keep their plan “if it hasn’t changed since the law passed” was deemed a “pants on fire” lie by Politifact.

Sadly, this legislation was deceitfully sold to Americans and is being blindly supported by liberal minions who believe this president can do no wrong.

But when the smoke clears, Obamacare will have had a devastating impact on jobs and our economy.

And Barack Obama will have forged a legacy of failure at America’s expense.

Mark Caserta is a Cabell County resident and a regular contributor to The Herald-Dis­patch editorial page

FOREIGN AID? AMERICA HAS HER OWN PROBLEMS

5 Dec

obamaspast00Mark Caserta: Foreign aid must be cut to bolster US stability
Dec. 05, 2013 @ 12:00 AM
The United States simply cannot sustain current levels of assistance to other countries.

According to the Treasury Department, our projected deficit for Fiscal Year 2014 is about $744 billion and our national debt is around $17 trillion, or about $52,807 per person.

I’d say it’s time to keep some cash at home until we can get our own financial house in order.

From a business perspective, it’s inconceivable that Congress has been operating without a federal budget for over three years. And sadly, our current mix of representation lacks the competencies required to build relationships and collaborate on viable financial solutions.

Additionally, President Obama, who is required by law to submit a budget to Congress on or before the first Monday in February of each year, has missed the mark four of the past five years and has yet to have a proposal seriously considered by either chamber of Congress.

Understand, the U.S. budgetary process is essential in determining funding levels for the next fiscal year and directly affects the monetary amounts allocated to foreign assistance programs.

The U.S. Agency for International Development states its function is to provide “economic, development and humanitarian assistance around the world in support of the foreign policy goals of the United States.” The U.S. provides around $50 billion in aid to other countries each year, according to the agency.

Now, humanitarian aid, at reasonable levels, has a strong political constituency in the U.S. But development aid remains controversial, and many contend it is a waste of taxpayers’ money. Multiple reports reveal inadequate oversight has resulted in billions of dollars in wasted resources.

The Commitment to Development Index (CDI) compiled each year by the Center for Global Development ranks the “quantifiable performance” of foreign aid for 27 of the world’s richest countries. The index uniquely assesses multiple categories ranging from trade to technology — not based on how much aid a nation provides, but the weighted value of the aid given.

Of the 27 countries, while the United States was by far the world’s top financial donor, it ranked 19th in overall value, behind countries like Denmark, Ireland and Canada.

Conspicuously missing from the donor list was China, which recently surpassed Japan as the world’s second largest economy and is forecasted to overtake the U.S. by 2016.

Yet, according to the Congressional Research Service, the U.S. provided $28.3 million in foreign assistance to China in 2012 to promote human rights, democracy, the rule of law, environmental conservation and to support Tibetan culture!

While perhaps noble in nature, do these causes supersede the fundamental needs of Americans?

What portion of U.S. foreign aid could have been re-allocated as tax subsidies for the 15 percent of Americans who were without health coverage, pre-Obamacare? And still could.

Our government has become a poor steward of the taxpayers’ hard-earned money — domestically and internationally.

And until we achieve financial stability, we must limit foreign aid to humanitarian needs and require other nations to be more assertive in their own development.

The U.S. has its own problems.

Mark Caserta is a Cabell County resident and a regular contributor to The Herald-Dispatch editorial page.

GOP should return to health care message

3 Nov

insuranceOct. 31, 2013 @ 12:00 AM

As the shortcomings of Obamacare emerge, now is the time for the GOP to get back on message regarding its plan to provide accessible, affordable healthcare to all Americans.

Folks, if Obamacare is such a great proposition for America, why the need to force individuals to purchase it or be penalized financially? It’s very simple. Without everyone’s participation, it wouldn’t be financially viable. Government-run healthcare epitomizes the socialist ideology of Barack Obama. The president is simply executing his “inadvertently” expressed intention when he told Joe the Plumber, “…when you spread the wealth around, it’s good for everybody.”

Unfortunately, that’s socialism.

The push for increased government involvement in healthcare dates back over 100 years, when presidential candidate Theodore Roosevelt, campaigning on the Progressive Party ticket, called for the establishment of a national health insurance system modeled on what had already been established in Germany.

But in America we deserve and demand a choice.

Indeed, rising healthcare costs have had a catastrophic impact on Americans and our economy. But the choices legislators have made in regulating the industry have not helped in providing affordable healthcare. And political “jousting” has depreciated the narrative far below the interests of most Americans.

It should be objectionable to all Americans that the first path Democrats chose to reform healthcare was to provide the government power to “mandate” its purchase without first pursuing other options to improve its accessibility and affordability.

The U.S. Census Department says about 15 percent of Americans needed health insurance prior to Obamacare. Logic suggests first attempting to make insurance more affordable for those Americans before revamping the entire healthcare system!

Early on, the GOP offered some viable solutions which would help make quality healthcare affordable and accessible for everyone including those with pre-existing conditions.

It begins with allowing Americans who like their healthcare coverage to keep it while giving all Americans the freedom to choose the health plan that best meets their needs and ensuring all medical decisions are made by patients and their doctors — not government bureaucrats.

Eliminating the barriers of purchasing health insurance across state lines would create healthy market competition. Individuals and families who reside in one state would be able to purchase affordable health insurance from another. Likewise, health insurance plans would be able to sell their policies in all states, just as other companies do in selling a wide variety of goods and services.

Comprehensive medical liability reform is needed to reduce the costly, unnecessary defensive medicine practiced by doctors trying to protect themselves from overzealous trial lawyers.

The tax code should be adjusted to fairly extend tax credits to those who do not have employer-provided insurance but purchase health insurance on their own. The deduction would be equivalent to the cost of an individual’s or family’s insurance premiums.

These are but a few of the options the GOP once clearly articulated.

It’s time now for Republicans to return to focusing on real healthcare solutions and allow Obamacare to be exposed.

By 2016, many more Americans will be listening intently to your message.

Mark Caserta is a Cabell County resident and a regular contributor to The Herald-Dispatch editorial page.

Remember, it was his idea…..The 2013 Sequester

13 Mar

President Obama concluded, “But– but– I’m always amused when people on the one hand say– the sequester doesn’t mean anything and the administration’s exaggerating its effects; and then whatever the specific effects are, they yell and scream and say, “Why are you doin’ that?” Well, there are consequences to Congress not having come up with a more sensible way to reduce the deficit. And what I’m proposing is if we do it smart, if we do it sensibly, if we do it in a balanced way that the American support, including, by the way, a majority of Republicans, then we don’t have to– do arbitrary stuff. We can do it in an intelligent way that’s gonna improve our economy

Link

http://www.weeklystandard.com/blogs/biden-americans-no-longer-worried-about-economy_703222.html

25 Feb

obamaclypse

http://www.weeklystandard.com/blogs/biden-americans-no-longer-worried-about-economy_703222.html

So Americans are no longer worried about the economy….Just those low-info voters who ushered Obama back into the Oval office. The rest of us understand what’s coming. 

Obamaclypse 2014

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