Thursday, November 14, 2013

President Obama--The Comeback Kid

++The Washington media smell blood in the water after the press conference and tonight more op-eds have appeared by liberal Democrats that Obamacare has been catastrophic. Some liken the rollout to Katrina aftermath. Funny,I didn't die and my son is insured.

++But off in Cleveland, the President addressed the workers of the ArceloMittal Cleveland Steel Factory and reminded everyone that the economy has created 7,800,000 jobs since the Great Recession. He also went at great length to talk about how this particular factory now produces the best steel in the world and didn't have to close because of the bailout of the Auto Industry. And he went on to talk positively about the ACA,emphasizing his continued commitment to 40 million Americans having a chance to get health insurance for the first time. He also praised Governor Kasich for making the politically wise move to expand Medicaid coverage. While his pleas for more manufacturing have fallen on deaf ears in the House,he made the pitch again that manufacturing must return to America for us to prosper. He artfully demonstrated that health insurance costs for businesses have gone down 33% since ACA was passed and that this continued trend makes the United States more attractive to foreign investors, who used to cringe at the costs of healthcare in the United States. 

++After getting battered all day by the media and the GOP in Washington, President Obama was on his game and made the positive case for the ACA, which he will have to do from here on out.

++The next phase of the Obamacare argument will be about whether allowing insurance companies to keep selling junk insurance will thwart the demographics of the market exchanges and sink the program after three years by encouraging people --all 1.5% of the population to keep the equivalent of a subprime mortgage. This debate has already gotten so in the weeds no one can understand it. 

++Just remember--No one has gotten killed because of Obamacare. True political catastrophes have resulted in thousands dead, whether it was in Iraq, Katrina or in the Iran-Contra scandal. For great scandals,laws must be broken--not some campaign promise which turns out to be 95% true.

No comments:

Post a Comment