Disaster: More people have health insurance; none of us can be turned down for affordable care if we develop a pre-existing condition; and now, Bloomberg reports, Obamacare will cost 20% less than projected.
We’re clearly on the wrong track and should repeal rather than improve this law — as Republican leaders have been saying all along. Doing so would get rid of the 3.8% surtax on investment income above $250,000 that helps to pay for it. If we want greater inequality and a tougher life for those already struggling, we must repeal Obamacare.
But that’s not all.
We should abandon the failed economic strategy of the last six years. The Republicans were right all along in predicting disaster, just as they were when they predicted disaster from Bill Clinton’s first budget and voted unanimously against it.
If Republicans can be trusted with one thing, it’s good honest judgment about economic policy. (Also: good judgment on science and in their choice of men and women to lead the world in the event of presidential incapacitation.)
This is, after all, serious stuff. They are the grown-ups. They don’t sugar coat. “By any standard,” they tell us, “Barack Obama has been a disaster for our country.”
They will repeal Obamacare, build a pipeline for Canadian oil to flow out into the world market, and all will be right with America, as inequality continues to widen, our infrastructure continues to crumble, and the climate continues to change.
Quote of the Day
After 500 years of 3% inflation, $100,000 will be worth 4 cents. If you're not a socialist when you're 20, you have no heart. If you're not a conservative when you're 40, you have no head.~Winston Churchill
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