It is pretty clear that Donald Trump has abandoned all his promises, including those he made about keeping jobs in America. He has eaten chocolate cake with the President of China, now they’re in love. The Prime Minister of Japan was the first to get a deal after he supplicated himself. Is Trump canceling NAFTA? – not as far as I can tell. He has even come out against a border tax in the next budget – something that Paul Ryan was going to put in.
His one touchstone (promised) policy that resonated with (almost) everyone (especially me) has been abandoned completely. That means the Democrats can grab it and grab it, they must. Forget all this identity politics and globalism nonsense. They desperately need an economic program that will resonate with laborers even if they’re white. They can dump the elitist nauseating position of the Clinton’s and get back to where they are supposed to be – right next to Bernie Sanders. Sorry, Joe, speeches about your love for the LGBT community won’t win elections.
This needs to happen immediately as it is becoming clear that time is running out. About five years ago I wrote about how China wasn’t looking to just steal low wage jobs, it wants everything. The two biggest value added industries we have are cars and airplanes. We need to protect those with our lives. The New York times recently wrote about how Ford is going to produce their next flagship compact car in China. My nightmare is coming true.
If the Dems stand up, their losses could be limited to the 2016 election and they would grab back their brand. They let it be stolen by a fake billionaire with no conviction about anything. Al Franken – are you listening? You should put this issue right next to Medicare-for-all and hit the road.
This is your time.
I’m going to make a solid effort here to understand the reasoning behind the repeal of Obamacare. I’ll try my best to withhold my shock and depression over this issue, at least for a few minutes. Let’s make a list of all the reasons why repeal makes sense to those voters who will continue to support their congressmen (or senator) after he votes for the AHCA:
- It was President Obama’s signature piece of legislation and Obama is the devil. He is a black, Muslim, Kenyan, socialist who nearly destroyed the country. We must destroy his legacy. By definition, if he was in favor of such a program, it must have been profoundly damaging to the American economy.
- As a libertarian, I detest any Government interference in the economy. I believe in free markets and the ability of price to effectively allocate resources. Everything will be better if the government gets out of the way. I’d be in favor of getting rid of Social Security and Medicare as well.
- The obesity epidemic in this country has shown us that people must be responsible for their own health. If they are sick then it’s their fault. Why should I have to pay any taxes towards their healthcare? Why should my premiums be higher to average out an insurance pool. I have no pre-existing conditions.
- I am fabulously rich and perfectly able to buy as much health coverage as I want. If you have failed to make a lot of money like me then you must accept the consequences.
- I am on Medicare or have fabulous coverage through my employer so this is not really important to me. If people die from this repeal then that’s not my problem. I’d just like to see my taxes go down, and Roe vs Wade revoked.
- How did the government raise taxes on capital gains or force me to buy healthcare insurance when I don’t want to. That’s an infringement on my liberty!
Obamacare is just made up of two things: a restriction on charging people more for their pre-existing conditions, and a series of subsidies for poor people [Medicaid, high risk, and older people). That’s it. So if you hate it you have only a few things to get angry about. You must hate sick people, poor people or you must make a ton of money from capital gains. You must not know anybody who is between the ages of 50 and 65 who have been sick or might get sick. (Is that possible?)
The other option, of course, is that you think that Obamacare is a much more intrusive system which tells doctors how to do their jobs. It doesn’t. Ask the AMA what they think. Maybe you believe that subsidies are the same as socialism. If everyone gets healthcare they’ll become lazy economic leeches.
In this debate, there is sort of a sweet spot – around the age of 45. When you’re that age your parents are old enough for Medicare so they are not affected by any of this. You’ve been healthy all your life and your insurance rates before Obamacare were reasonable, or you got your insurance through your employer. You’re too old to have more children so prenatal care or child delivery coverage is irrelevant. Such a person may not realize that cancer can hit somebody younger than 65. They are on the edge of a cliff, premium wise. Simply being 55 is a preexisting condition in and of itself. Ageism makes it very hard to get a new corporate job if you get laid off. These “nearly old” are unemployable and uninsurable. 45 year-olds don’t realize how close they are.
In the end, it comes down to compassion versus a tax cut. It’s a matter of recognizing that the state has a logical role when it comes to establishing insurance pools. Every actuary and every other country in the world understand this. As with climate change we are unique in that we have a significant (vocal) minority who prefer not to have a plan when it comes to long-term complicated issues. They simply hope that supply and demand will take care of things since they (and their donors) can’t or won’t. Consequently, CO2 emissions are not taxed to pay for negative externalities [secondary spinoff effects]. Similarly, prices do not allocate healthcare resources effectively. There there is no “elasticity”. Simply put, demand does not decline if price rises. That’s why the United States free market version of healthcare is so spectacularly less efficient than every other socialized system in the world. We pay more but receive the same services as any Dutchman or German. There is no state monopsony.
It’s hard to admit when free markets, don’t work. When you read Ayn Rand at the age of 16 you completely bought into her depiction of government as evil. How can you recant or explain to other true believers that there seem to be a few holes in the storyline? Will someone call Milton Friedman? You decide it’s better to ignore these glaring exceptions so you can reduce regulation and government corruption. Voters don’t want to hear about complexity anyway. So in the name of your God – Free Markets you declare:
If 24 million uninsured people must die in the gutter or go bankrupt to pay for hospital care then – so be it!
I think we are actually progressing faster than we ever have to the universal conclusion that a (this) president is a profoundly stupid man. I almost never hear anyone defending his acumen or foresight. No one defends his “policies” because he clearly has none. Every campaign promise has been broken and his opinion on any subject is driven by the last conversation he had or what he saw on Fox News. Republicans of various stripes – libertarians, Christian fundamentalists, big defense interventionists, and fanatical tax cutters are all hoping the Trump wheel stops spinning at their number. None of them can (honestly) say he shares their ideology – they all know he has no ideology other than self-enrichment.
The last place the wheel stopped was on government contract bidding. He proclaimed that contracts should only go to American companies. What could make better sense? I argued that the Obama Stimulus plan of ’09 should have a buy-America requirement built in. Isn’t at least part of the point of government spending to stimulate the US economy. Trump seems to get this “buy America” thing but when it angers certain interest groups like Ryan’s Border Tax would, then he runs away – just like a man devoid of ideology would do. He wants to do some of those things he promised but only if certain people don’t get mad. Why? He was supposed to be the rich guy who could ignore special interests.
The only logical reason is that it’s bad for business – the Trump Hotel business.
Forcing China or Japan to relent from their mercantalist policies would hurt his chances to open new hotels there. Raising taxes on retailers who source their goods overseas would aggravate many rich hotel patrons and investors. Conversely, policies that only benefit the working poor do the company no good. In fact, association with racist yahoos may hurt the brand. Such people don’t buy $10mm condo’s in New York. They don’t have low handicaps. If there is no impact on Trump Hotels then his opinion gets blown around by the wind. Let’s filter policies for whether they are OK for his business:
- A border wall – poor illegal immigrants don’t stay at the Trump International Hotel. He has no properties in Mexico (he did have a failed one in Baja) or for that matter any part of Central America.
- Cancel all health care for the middle class and the very sick. Health care insurance company executives may join Maralago.
- Bomb only places where there are no Trump hotels. That takes North Korea off the list since Kim Jong Un would destroy Seoul and Trump has real estate there. Iran is OK.
- Tax cuts must only be for the rich – prospective hotel patrons.
In the end the very thing – money, that was supposed to make him able to drain the swamp actually makes him aligned with all the same wealthy vested interests that already control Washington. All of this would have been prevented if he had chosen to completely liquidate his assets before being sworn in. As it is we have just stepped closer to a classic third world construct.
Trump voters have been left hoping that his proven stupidity will shake things up for the better. As long as they are on the side of Trump hotels they won’t be disappointed.