It looks like Trump is already backtracking on Obamacare, which doesn’t really surprise me. I voted for Trump in the general election for the reasons stated in my post, Hate Trump, Vote Trump, but I did not support him in the primary, and one of my main reasons was his lack of knowledge on economic issues, which he exposed again by saying after winning the election, that he would like to keep the “pre-existing conditions” provision in Obamacare. Continue reading
The Democrats have been successful at painting Republicans as being stubborn. “They have tried and tried to repeal Obamacare and they haven’t been able to. Why are they holding the government hostage to get their way?” That’s the message that they’ve been using to convince Americans who are not really aware of all the facts, that Republicans are responsible for the government shutdown. And it’s been working.
Neither side wants to give in. The Democrats are pretty confident that the longer this goes on, the more it hurts the Republican party, so they’re not in any hurry to end the standoff.
The One Thing We Can All Agree On Continue reading
Obama ran on a platform of higher taxes and got re-elected because he was able to convince voters that only ‘other’ people would be affected by his tax increases; that he was the candidate of the poor and middle class, and Romney, the out-of-touch candidate of the rich. The voters bought it. When the most basic economic concepts were presented, Obama called it “trickle down Economics,” convincing voters that the idea that raising taxes on businesses actually hurts the middle class, was some sort of myth.
It’s going to be interesting to see the voters actually feel the effect of their decision. Here is a short list of some of the companies that have announced their plans for layoffs as a result of the ObamaCare provisions that were conveniently set to take effect after the election:
- Smith & Nephew – 770 layoffs
- Abbott Labs – 700 layoffs
- Covidien – 595 layoffs
- Kinetic Concepts – 427 layoffs
- St. Jude Medical – 300 layoffs
- Hill Rom – 200 layoffs