Skip to main content

Lying is the simplest solution!

The White House talking heads have been selling TrumpCare to the public and have simply resorted to lying.  Simple math tell you that if you cut a few trillions from Medicare then the service provided will have to be less than what it is today!  Its a little like the decision to allocate US$ 8 billion to people with preexisting conditions sure its a lot of money ( but its no where near enough for the reality of a country with 330 million inhabitants) -- the equivalent of US$ 23.00 per person.

The news story is that premium will go down (no mention of deductibles or exclusions) for self insured Americans and that Medicare recipients will not be affected (true insofar as the changes to Medicare are slated to be in place by 2021 only... after the next presidential elections).  In a sense, Trump and his allies are playing the game well, they will be able to tell their constituents that right now there is no change to their premium, and that it may even reduce -- not mentioning what is and what is not included).  The same for Medicare!  They will be able to reduce taxes for earners of more than US$200,000 immediately (a number of ObamaCare special taxes will fall away immediately) and will give away a massive reduction in income and corporate taxes -- that will be paid by 4% growth (in your dreams).

In reality, Americans that become sick will lose out immediately, but to the Republicans and Trump they are losers anyway so who cares.  Granted a lot of Americans will see the cost of elderly care rise after 2021 -- but that's a long way off.

So the sales job from the WH is in full swing, the Senate face few difficulties only 8 republicans face the electors in 2018, and the backlash against the congressmen has been minimal.  Proof that the Senate can weather the storm -- and hand Trump his first legislative win.  The bill has been crafted so that some "gime" can be provided to the 8/9 senators that are holding back -- they only need 6 and they win.

So lying is the tool -- there are no changes to the benefits, magic will be employed -- but most Americans don't care. until the day grandma needs money for here nursing home, but it will be far too late by then.

At then end of the day, you get the leaders you deserve.






Comments

Popular posts from this blog

what people get wrong about tariffs

 The issue is simple. What percentage of the economy is dependent on tariff goods? The truth, is that the US economy is far more closed than people understand. People genuinely believe that all manufacturing has ceased to exist in the United States all given to China on the altar of woke policy the truth can be further from That statement. Only about 15% of US GDP is related to foreign trade. Of that amount, slightly more than half is from Canada in Mexico. And half of that is energy. What that means, is that about 7% of US GDP is tariff dependent. The proof in the pudding, is how little money tariff generates. People think that 30 or 50 billion is a lot it’s not in an economy that has $3 trillion. The impact on the US economy will be less visible but not absent. Inflation hasn’t occurred yet first because tests have hardly started to bite, but more importantly it’s such a small percent of the economy. Now certain things are critical. The rare earth metals from China were critical....

The end of Tesla?

 it takes a special kind of idiot, to think that he can antagonize his entire customer base, and think that it will not impact his business. When Elon Musk went to work for Donald Trump, and created the doge department, he antagonized every liberal, and these people represent 90% of his client base.That’s not a brilliant move. Now Elon Musk is worth hundreds of billions of dollar, so he shouldn’t care a great deal, however, he needs to care because of several other issues. The cyber truck has been a disaster, most have had to be recalled because of defective glue, it’s not a truck, it’s not a car, it’s noisy, relatively uncomfortable, but great as a development platform. What Tesla has learned in making car manufacturing more seamless is truly amazing. The problem was that Elon Musk was so pissed with the Democrats, and with Joe Biden, in particular because of some slight, which were just plain stupid too. By the way, that he decided to support with hundreds of millions of dollar, ...

Trump and Venezuela...

The US now owns Venezuela…and not in a good way.  America is not known for its nation building skills, and yet it now owns the disaster that is Venezuela.   Starvation and exodus are the natural progression.   In addition it will become a haven for narco-terrorists, more so than it already was. I am sure that Trump and his friends really thought that little attack very well…I guess that he will now attack Iran now.