Showing posts with label 99%. Show all posts
Showing posts with label 99%. Show all posts

Wednesday, April 02, 2014

ObamaCare hits milestone - or does it?

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By the end of March the Obamacare website had registered 7.1 million people, which was the initial goal of the roll out.  However, in order to be successful there has to be a minimum number of  young people to achieve actuarial solvency, the new members cannot be on Medicare or Medicaid since they were already eligible for existing programs, and we have to get the 48.6 million Americans with no health insurance (Census Bureau est. 2009) put on insurance.

So early estimates are that the youth factor failed to reach the Obama goals, meaning, if true, next year the rate base will have to be readjusted by potentially substantial health insurance premium rate increases for everyone.


It seems new members for Medicare and Medicaid would be easy to report so the only reason for not telling us the total new members in those entitlement programs, which the Administration and Lame Street media failed to do, then the real numbers must make the program look bad.

In light of the possibility of the previously discussed adjustments, it is not unreasonable to assume maybe 3-5 million of the 7.1 million need to be accounted for which brings up the next adjustment.  How many enrollees were people who lost their health insurance when ObamaCare was implemented and were buying replacement policies?


Finally we get to the people expected by the Obama Administration to benefit the most, the 48.6 million uninsured Americans.  How many of the 7.1 million enrollees came from the group the bill was passed to serve?

If we deduct the Baby Boomer enrollees sent to Medicare and Medicaid, say 2 million but it could be a lot more, then deduct those who lost their insurance because of ObamaCare, we might have 2-3 million who actually did not have insurance and do now.  Of course that assumes all the new enrollees also paid for their new insurance.

So perhaps if all went well we now have 2-3 million people insured who were not insured before.

 
To listen to the Main Street media react to the news you might think reaching 7.1 million enrollees was the greatest event in the history of our fledgling nation.  Greater than almost anything else because it vindicated President Obama and his socialist ways.

Of course they didn't release any numbers, which they do have, which seems pretty strange if the numbers do what he said they do.

Think about it.


Obama and the Democrat politicians pass ObamaCare with NO Republican support.

ObamaCare is to extend health insurance to 48.6 million uninsured.

After spending around a billion dollars to launch the new program, about the cost of one Obama political campaign, maybe 3 million uninsured are now insured.

I think that means after three years and billions of dollars we have lowered the number of  uninsured by one half of one percent.  At this pace we might eliminate the uninsured by the year 2114.


Of course how many more uninsured are there since over 10 million American workers still can't find jobs and have given up looking?  There could be millions of more uninsured since Obama took office which means we might have lost ground thus extending my projected solution date for eliminating the uninsured to closer to 2500.

In basketball terms, which the Administration surely understands, not only are we not scoring points, but we are making shots in the other team's basket giving them the points.

Progressive socialism is most certainly a peculiar concept.



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Friday, March 16, 2012

CPT Pointers - Digging for the Truth

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Politicians make finding the truth a full time occupation it seems. Now I am an equal opportunity critic so any old politician is included whether democrat, republican, independent, christian, catholic or prostitute.

Thus the need for CPT Pointers - our effort to send you in the general direction of truth. Today we have a couple of subjects raised by Obama supporters and members of MSNBC, the Left wing of the White House.


Preacher Man Al Sharpton - My Man

First we have the wanna be spokesperson for the 99% of Americans who aren't filthy rich, the Obama decription for middle class America, and that mouthpiece for you and me is none other than the Reverend Al Sharpton.

Have you heard him on TV promos talking about "us", the 99% of middle class America? Of course he also says Republicans are the 1% of Americans. Come on Preacher Man, does Divine Providence really let you get away with white lies like that?


You say Republicans represent the 1% yet the truth is 30% of the nation's registered voters are Republicans, while another 28% are Independents, leaving 42% Democrat. Now if nearly 60% of the voters are not Democrat how can you represent 99% of the middle class. Fact is I know a number of Democrats who cringe when I ask them about you being their mouthpiece for the election.

In addition, I have never seen a Republican with blueberry pie all over their face like you say on television. Please keep the racial profiling to yourself and the Obama campaign.


Lawrence O'Donnell and the Academic Elite

Yet another MSNBC announcer who was quick to trash Romney for his Bain Capital connections before having to admit that Bain Capital is a partner in NBC ownership, his boss.

Now Lawrence has a tv promo talking about how a college education is the most important thing for the future of America. That's nice. He tells us how at the end of World War II only 6% of the American work force had college degrees, but thanks to the GI bill that number rose to 20% of the population.

Today 26% of the workers have a college degree. So the way I read that is after billions of dollars in government tuition and billions more in endowment grants to schools in the last 66 years 20% more of our workforce now has degrees.

Seems he's promoting other things close to him 

Of course I am all for education but it may not be the sole reason America does not lead the world any longer. I mean everyone admits that America rose to a superpower between 1946 and 1960 and then became the only superpower by 1990.

That would mean about 80% of the American workforce that built America into a superpower did not have college degrees. Sometimes those who think of themselves as "intellectuals" should thank the 75% who aren't, those who do the work, create the innovations and pay the taxes so the elitists can do their thing.


If all it took was more money, and we spend more money by far on education and health care than any other nation, then why do we not have the best education and health care in the world?
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