The Wall Street Journal posited this in a Wednesday op-ed.
1. Provide a path to catastrophic health insurance for all Americans.
The WSJ then supports this with old saws: being covered generally leads to better medical results, health insurance is good for the wallet, and so on. Then they want a government solution—while they carefully avoid saying how they would pay for it:
The ObamaCare replacement should make it possible for all people to get health insurance that provides coverage for basic prevention, like vaccines, and expensive medical care that exceeds, perhaps, $5,000 for individuals.
The State Council, China’s cabinet, will soon announce new measures that subject many overseas deals to reviews of “strict control,” according to people with direct knowledge of the matter and documents reviewed by The Wall Street Journal.
Targeted for particular scrutiny by the pending measure are “extra-large” foreign acquisitions valued at $10 billion or more per deal, property investments by state-owned firms above $1 billion, and investments of $1 billion or more by any Chinese company in an overseas entity unrelated to the investor’s core business.
My personal stock market investing mantra has always gone like this: “The best time to invest was yesterday; the second best time is today; the worst time is tomorrow.” I decided to take check that and see how accurate it might be, so I built a simple Microsoft Excel® spreadsheet to take a back of the envelope look.
As even President Barack Obama (D) has finally confessed, Obamacare plan premiums and deductibles are skyrocketing. But the Democrats and their Progressive fellows are cynically obfuscating the matter. Here’s a typical remark, by HHS’ Assistant Secretary for Public Affairs Kevin Griffis:
Headline rates are generally rising faster than in previous years…headline rates are not what they [recipients of Obamacare subsidies] pay.
Indeed not. Those rates are what you and I and our fellow taxpayers who don’t get subsidies pay, and they’re rates for which we pay a second time in the form of the subsidies Obamacare passes on to potsful of Obamacare plan purchasers. We pay for those subsidies with our tax payments.
Elon Musk, who as CEO of Tesla Motors, which is building self-driving cars, has a personal, vested interest in the matter, says we must stop criticizing self-driving cars—they’re going to save lives. One day.
In the meantime, we’re to keep our critiques—which would actually make the cars better, safer, and more consumer friendly—to ourselves. He knows what he’s talking about; we don’t. And we’ll kill people if we don’t shut up with our comments.
If, in writing some article that’s negative, you effectively dissuade people from using autonomous vehicles, you’re killing people[.]
A Black-owned bakery, Fat Cupcake, baked up a batch of cupcakes to honor our President, an American who happens to be black; they titled the cupcakes “Mr President.” Fat Cupcake described their confection on their menu as an
Oreo (™) Cookie baked inside white cake, cookies n’ cream buttercream.
It didn’t take long for the Left to start manufacturing a racist beef where none exists, thereby displaying their own racism. Via Yelp, for instance:
Very troubling. They were serving a cupcake called the “Mr President” that had an Oreo cookie inside. When I tried to point out the racism implied, they claimed that “our current president loves Oreos.”
The European Union’s antitrust authority on Friday said it was considering changes to its merger review rules to include a wider swath of technology and pharmaceutical deals that normally wouldn’t fall within its purview but could possibly harm the bloc’s internal market.
…the European Commission said it was fielding opinions from the public on whether the regulator should also probe mergers involving companies with smaller revenues.
Because instructing the big companies on the business decisions the Commission would permit them to take doesn’t have enough juice for them anymore.
A bipartisan group of senators is pushing to include municipal bonds in bank-safety rules, the latest wrinkle in a continuing fight over how safe—and salable—the debt of states and localities would be in another financial crisis.
The proposed regulation would “allow” banks to include municipal bonds on their balance sheets in the category—mandated by existing rules requiring banks to have sufficient (government’s definition) cash to fund operations for 30 days in the next “financial crisis.” The proposed regulation also specifies the safety rating for those munis: the banking rules’ “high quality liquid assets” category, albeit at the lowest level of “high quality.”
The headline of this Wall Street Journalpiece pretty much says it all: Average Cost of Employer Health Coverage Tops $18,000 for Family in 2016.
The sub-head, with careful reading, adds clarity: Pace of cost increase slowed by accelerating shift into high-deductible plans, new survey shows.
That cost of employer coverage, buy the way, refers to the premiums employees must pay: $18,142 for a 2016 typical employer-offered family plan, and employees have to pay 30% of that, typically, up from 29%. Like a sergeant I once worked with liked to say, sort of, “Holy cats.”
President Obama and his Democratic allies are seizing on the exodus of private insurers from ObamaCare markets to renew their push for a so-called “public option[.]”
Never mind that the revival of this push is a direct result of the broad, expensive failure that is those same Know Betters’ Obamacare. No, when government fails as miserably as it has done with Obamacare, the only right answer is the Progressive answer: more government. A bigger hammer.
We can’t have competition and private enterprise do this. We gotta have Know Betters in Government do this; us mere citizens can’t be trusted with such weighty matters.