The issue from our perspective is not immigration per se. Our beef is with the complexity of the bill which comes in at over 800 pages. (In the end it will likely be more.) It is reportedly chock full of goodies and loopholes written by lobbyists with various agendas. I know, who would have thought?
The further we go along the uglier a mess Obamacare seems to be. Yesterday we reported that Senator Baucus, a Democrat, fears that Obamacare constitutes an economic and bureaucratic “train wreck.” Now even the unions are turning on the law. Of course many unions got waivers from the law and so are not as concerned as the roofers.
Not only did we need to pass Obamacare to see what was in it, we now don’t even have a clue how it’s going to impact the economy.
Are these rights?
No one wants anyone to be sick, uneducated, unhoused, or hungry. But are they rights? And if they are, is the government to provide these things? I think that is exactly what Melissa Harris-Perry in this promotional video for MSNBC wants us to conclude. That government has the obligation to intervene in all aspects of life if it perceives injustice, or simply perceives something it doesn’t like. The government is filled with people who think like Ms.
Putting aside that the author repeatedly refers to “excessive profits” (who is he to determine what is excessive? In fact I’d say that there is no such thing – in a free market) and his misunderstanding of the Big Oil tax breaks (they are not subsidies, still market distorting, but not subsidies) and the other partisan talking points, he correctly identifies how Medicare Part D has become a direct revenue line from tax payers to the bottom line of the large drug companies,
As time ticks on, Obamacare looks more and more troublesome. It’s not just the right wing pundits saying this now, even the woman in charge of implementing the sweeping legislation seems concerned.
The quagmire that is Obamacare (calling it the Affordable Care Act is a joke, it is far from affordable) has only just begun to pull us in. This ill thought out and massive social experiment is set to hike premiums and is already forcing some from full-time to part-time work. No one knows how far the bottom really is or how long the slog will be, but right now it doesn’t look good. But the drug companies are happy so we can take comfort in that.
3 agencies (including the IRS of course) will review one’s application. The application is over 10 pages long. What are the chances that in 10 years the form will be even longer and more complex?
Companies are curtailing hours in an effort to obey the Obamacare mandate. If a company has 50 or more employees they must provide health insurance to any worker working 30 hours or more. The alternative for the company is a stiff fine. Managers at Burger Kings and Taco Bells across the nation are sharpening their pencils and changing shifts.
Can we trust what comes out of the medical journals if 97% of the advertising within these journals is bought by pharmaceutical companies? Considering that these journals determine much of the direction of healthcare research and policy, it’s a question which needs to be asked seriously. Remember Big Pharma wrote a big piece of Obamacare.
Obamacare is now the law of the land. Later this year it will reach deep into our economy. How the law will change American life we still don’t know for the most part.
One thing we do know is that many pharmaceutical companies will do very well under the Affordable Care Act. One of those companies is Barr Laboratories, maker of the “morning after pill” Plan B.
Ben Nelson, the former senator from Nebraska has taken what is undoubtedly a lucrative job as head of the National Association of Insurance Commissioners.
A review of Conscious Capitalism by John Mackey the CEO of Whole Foods. Mackey has influenced my thinking on capitalism and what it means to engage in business the right way. I look forward to reading the book.
I like John Mackey the CEO of Whole Foods. He is my kind of business person.
It’s not me saying it. It’s the Senate Finance Committee headed by Max Baucus, a Democrat.