Instead of making everyone buy insurance just make medical bills impossible to discharge in bankruptcy. The economic benefits of the mandate would still largely be place because now their is even more reason to be insured. Republicans seem think its a constitutional right to be an idiot running around without insurance, even though its not. It would just take one sob story about an uninsured idiot who lost his house because he got sick to convince everyone else to get insurance.
The Republicans have proposed no improvements, only a return to the status quo which isn't good enough.
3 million hits, in less than 2 weeks. 47 million uninsured people in the US in 2012. 3 months of open enrollment. Longer than that before people get penalized for not having insurance. Republicans have been saying it failed since before any of it took effect. In reality we will some time to evaluate it. In Massechusetts the coverage rate went from 92% pre-Romneycare to 98% post-Romneycare. Over the long haul look for similar results, but if you are looking for immediate gratification sorry, you will just have to wait.
It won't be long before a Moderate Republican will get the balls to primary a Tea Partier.
Decreasing the deficit is an excellent mantra. Doing so without raising taxes or cutting programs that help Americans is more difficult that repeating a mantra.
I am pretty sure you said Obamacare would sink the democrats in 2012 and it didn't happen.
Obama, as a supporter of good ideas regardless of party has put Republicans in a political bind. They can either have good ideas which Obama will use and probably take credit for, or two, support terrible ideas to make some point about opposition. Either way its been a losing proposition for Republicans for a long time. I know they don't believe their 24% approval ratings, because they bury their heads in the sand that is fox news. I think its hilarious that Repulicans think that swing voters watch AND trust fox news. Their tactics are doomed just like the party as a whole. Soon it will be a new two party center where the democrats are comprised of the center and the left and the tea party being comprised of the far right.. THANKS OBAMA!
They say stuff like "a default won't be bad" or use some semantic argument over the definition of default or "managed catastrophe" . As a market participant I am out. I liquidated large portions of my porfolio, I will take my gains and wait this one out. "the party of small business" you should know that if business defaults nothing good happens why would it be different for a government. Now that I think about it other government's have defaulted, it didn't end well for them what makes them think that the US is special?
The government IS regulating away jobs. There are plenty of jobs that government doesn't allow, prostitutes, drug dealers, polluters, jeez why doesn't the government just allow people to run a ponzi scheme. they would give people people a job, and the government could collect taxes. Unemployment would be solved. BUT THESE JOBS ARE STILL DETRIMENTAL TO SOCIETY!
Your notion of lazy democrats is a stereotype. Welfare has been a positive in the US. being poor in the United States is different than being poor in country without a safety net. There aren't shantytowns or favelas, Starvation isn't a major issue. a basic level of care is afforded everyone and it has increased your property value, decreased violent crime, and generally kept a certain level of stability in cities.
If you want live in plutocracy, you should move, Oh wait, no where else on the planet lets just the white land-owning men vote. It looks like tough luck for you.
If you think Hispanics are going to vote for Cruz because is a Hispanic you are oversimplifying things. The Hispanics will vote like any demographic group will vote by and large part for the candidate that will do the most for that group. They care about healthcare, unemployment, immigration, economic growth, the gap between the rich and poor. All of which issues Ted Cruz has no new ideas. His main issue is partisan politics. Not a winning formula.
Your thoughtful responses make me think that Bobby Jindal is right and the Republican are "the party of stupid"
Seriously If Cruz is the nominee, Texas could go to Hillary, that is how bad it would be for Republicans. Chris Christie is the only Republican who has a chance to beat Hillary, and he either won't run, will get defeated in the primary, or get dragged too far to the right in the primary to win in the general election. I shouldn't be saying all this. I like watching Republicans cut their nose off despite their face.
I don't believe any number that come out of China, they are complete frauds. I suspect they are actually growing at 2%, just like the rest of the world.
Boosting exports and reducing imports is easier said than done. You have actually have to produce the goods and services that the foreigners want. The government can't do that, people have to do that. The government is a fine cheerleader but that is their role in the economy. The government has social responsibilities like caring for the old, or the weak, and those have a cost but they aren't the reason the economy isn't growing as fast as it was from 1940's through the 2000's. Part of economic expansion is an expanding population, the population isn't growing as fast as it was during those years. Part of it is a lack of ideas, that again isn't the government. That is you and I and everyone else spending too much time pontificating about economy and not enough time creating goods and services that will sell.
I have mixed feeling about QE. As an investor in the stock market it has been a blessing. It may have created a huge bubble in bonds, but I am not buying any bonds until that bubble bursts. I am slightly worried that the fed doesn't have an exit strategy. Is it just to let all those bonds mature? I don't know that they have that kind of time. a 2.5% return on trillions of dollars over the next 10 years would not be great. If they start selling these bonds on the open market I don't see how they won't take a loss. Stocks are really the only the place to be for the next 10 years. I am glad I am young enough that I can take that risk.
The tea party is setting a dangerous precedent. One day their might be a republican president again, who am I kidding, at least not for the next 11 years. but their is still a chance. there might be a a crazy group of democrats who will hold the debt ceiling hostage for I don't know 50% tax increases on the rich or carbon taxes. What then?
as a Democrat I also advocate Cruz for president in 2016. Hillary would absolutely destroy him in the general election.
It isn't really a problem right now, but could become one, and that is inflation. With the fed buying all loads upon loads of bonds. When those bonds are repaid to the fed in cash, The cash is thrown in a big pile and burned, there by never making it into circulation, preventing inflation.
It the Tea Party could count they would have known they weren't going to win this vote in the senatee. congressional republicans were expecting Ted Cruz to somehow over come a lack of votes to defund Obamacare in the senate, Its too bad facebook likes don't count for anything. Now that didn't work, they are completely dumbfounded as to what to do next. HOW COME THEY WEREN'T EXPECTING THIS? They should have known they didn't have the votes in senate and have a plan for what to do next but they don't.
The Tea party also thinks that as the minority they can go around imposing their will on everyone else. Sorry buddy, that isn't how the constitution is written. If their ideas are so popular like stopping polution regulations or expediting the keystone pipeline, why don't they just but them up for a clean vote, not attached the debt ceiling, I will tell you why, BECAUSE THEY WOULD NOT PASS. As a crazy minority you have some rights but they also end at a point.