Showing posts with label Rick Newman. Show all posts
Showing posts with label Rick Newman. Show all posts

Saturday, November 9, 2013

Yahoo Finance Writer Needles Boehner, Ryan: ‘Obamacare Still Isn’t Killing Jobs’

Yahoo Finance columnist Rick Newman wrote a column arguing “Obamacare Still Isn’t Killing Jobs,” playing off the Friday employment numbers and picking on Speaker John Boehner and Paul Ryan.

“Since the Affordable Care Act became law in 2010, Republicans have claimed repeatedly that it would be a job-killing monstrosity, with ample evidence of its withering effect on the economy by now. “The health-care law will cause significant job losses for the U.S. economy,” a 2011 report sponsored by House Speaker John Boehner, Rep. Paul Ryan and other Republicans declared. Well maybe, someday, but in the law’s first month of existence it appeared to have no impact whatsoever on jobs.” Newman even argued Obamacare could create jobs by spurring people to quit jobs they were only keeping for the health benefits:
Obamacare could help create jobs, too, and not just for customer-service representatives taking calls from frustrated health-care shoppers unable to navigate the bug-filled Obamacare website. One benefit of the law is it will free some people from sticking with jobs they don’t like simply to get health-care benefits, since they’ll now be able to buy policies priced at a group rate — similar to the rates big companies pay — on one of the public exchanges. That could persuade some people to ditch jobs they’re poorly suited for so they can do more-productive work someplace else, or even start their own business.
Newman’s Twitter bio includes the word (and punctuation)  “Centrist!” You could have fooled people with this column. You’d be looking for the Obama logo.
Via: Newsbusters

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Friday, November 8, 2013

ObamaCare Is Not a Covenant - It's a Law, and It Can Be Repealed

Rick Newman of Yahoo! Finance offers his solutions to "fix" ObamaCare in his November 6 column.  In his opening statement, you will find all you need to know about how the media perceive its immovable status as law:
As clumsy as the launch of the Affordable Care Act has been, the law is here to stay.  But its numerous provisions aren't written in stone and President Obama himself has said he's willing to change the law in the future in order to make it work better.
"Clumsy" doesn't quite capture what the ObamaCare rollout has been, but this is what passes for harsh criticism among mainstream pundits.  More correctly, the launch has been an incompetent and hopeless failure, and that fact is so obvious that Barack Obama, who is not known for his humility, has no other choice beyond admitting that he's open and willing to make changes in his flagship legislation for it to "work better."  Which is akin to me saying that I'd be willing to have a mechanic look at my car and make some changes because it hasn't started in weeks, the brakes and steering column don't appear operative, and I can expect that what I'll be paying in gas if it does crank up will cripple me financially due to its bulky engine design, which obviously wasn't thought out very well.   
In both cases, a resolution to make "changes" to improve functionality is less a sign of humility and level-headedness and more a sign of, and natural reaction to, poor decision-making.  And sometimes, when a poor decision is made in selecting vehicles, it's smarter and less costly to buy a new car than rebuild a lemon.  At the very least, it should be an option taken into consideration.

Via: American Thinker


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