If Obamacare Is So Great Why Do Democrats Keep Losing Elections?

(image via flickr by Cubosh)

By Rick Amato

This week Republicans and to some degree the Trump administration itself sent conflicting signals as to what its’ plans are for repealing Obamacare. Speaker of the House Paul Ryan said congress will move swiftly to repeal and replace Obamacare this year (though he was short on specifics), Vice President Elect Mike Pence said “the first order of business” will be to repeal Obamacare, while President Elect Trump warned his fellow Republicans in a tweet:

“Massive increases of ObamaCare will take place this year and Dems are to blame for the mess. It will fall of its own weight — be careful!”

Trump is right. Americans are already feeling the pain of increased premiums and those costs are only going to go higher in 2017. Underscoring Trump’s point, Democrats have already paid a steep price for Obamacare. As pointed out in my previous article over the past eight years since since Barack Obama’s election Democrats have lost a staggering 1,042 Congressional, Senate, Gubernatorial and state legislative seats. If the president’s signature healthcare law is so popular and so well liked by the American people- as the elite media would have us believe- why then do they keep losing elections?

It’s because it isn’t. Insurance premiums have risen a painful 40% on the Obamacare exchanges over the past two years. For example, a plan that cost $3600 in 2015 will now cost $5040 in 2017. That’s real money to a lot of American families.

Much of what is causing the rising costs is the Affordable Care Act’s so called ‘community rating’. ‘Community rating’ requires health insurance providers to offer health insurance policies within a given county at the same price to all persons without medical underwriting, regardless of their health status. So in other words, if someone’s health status is poor and they are being charged the same rate as someone within their county whose health status is good, then the rates on the healthy individuals must be increased in order to make up for the cost of insuring the unhealthy at the same rate.

Another way to look it is like auto insurance. It would be insane if Congress passed a law requiring everyone to pay the same premium for auto insurance- regardless of their driving record- then causing those with clean driving records to pay increased rates so that everyone could pay the same rate. The same concept applies to Obamacare under the ‘community rating’ provision.

Democrats are now mocking republicans daring them to try and come up with a better alternative. Paul Ryan has said republicans will move swiftly, Mike Pence has said it will be the first order of business. But Trump is right massive increases are coming and republicans should make them own it. In politics politicians often live and die by their policies. Just ask 1,042 democrats.

Welcome to 2017: How Trump Can MAGA

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By Rick Amato

As we head into 2017 and the beginning of the Trump era I am reminded of something which Art Laffer, the former economic advisor to President Ronald Reagan once told me, “If the economy is strong and people of all backgrounds have the opportunity to succeed then all those political-social issues which tend to divide us become minimized”.  I couldn’t agree more.

In fact, it’s how I originally became a conservative.  Not long after graduating from college I found myself working as a financial advisor at the Wall Street firm Merrill Lynch.  I quickly learned that capitalism discriminates against one color:  green.  While not perfect name me another system in the world that cares not about your family’s status, your religion, skin color, gender, gender preference, political views, and on and on and on?  It doesn’t exist.

All of which gets me back to 2017, President-Elect Trump and today’s political environment.  President Obama has said he would have defeated Trump had he been able to run for a third term.  Yet all the numbers say otherwise.  Since President Obama’s election in 2008 Democrats have lost over 1,000 seats. 1042 to be exact.  During his eight years in office democrats have lost 9 U.S. Senate seats, 62 Congressional seats, 12 governerships, and a whopping 958 state legislative seats.  They hold state level majorities in only seven states- the lowest since the Civil War!

This despite that President Obama enjoys a high approval rating among Americans.  (57% according to a November CNN/ORC poll his highest level in seven years).  In other words, Americans approve of the man personally, but not of his record.

And who can blame them?  Currently there are a record number 93 million work eligible Americans who are unemployed and not even included in the government’s unemployment figures, health insurance costs are rising under Obamacare and according to a recent Harvard-Princeton University study 95% of all new jobs created the past eights years have been part-time or temporary jobs!  Ninety-five per cent!

On the other hand Trump’s record low likeability rating suggests Americans may not approve of the man personally but they are more interested in what kind of job he can do with the U.S. economy.

Somewhere along the line over the past eight years or so we’ve become hyper-polarized.  The elite media and the Left have mastered the art of diverting our attention from that which matters- jobs, job growth and individual opportunities regardless of one’s background- and focused our attention on our differences.

Donald Trump has an uphill battle as he enters office.  The aforementioned elite media and Left are committed to delegitimizing him.  Economic realities may force him to rethink his campaign pledges. But if he can deliver on the economy, create jobs- real jobs not part time or temporary ones- create an environment where all people and small to mid size businesses have a chance at success, then as Art Laffer once told me, our differences will become minimized.  And with that Trump will have made good on his campaign promise to make America great again.

Tips Every Small Business Owner Should Know Headed Into The New Year!

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By Politics & Profits 

The new year is upon us. It’s a time for reflection and planning in our personal and professional lives.
Small business attorney Alicia Dearn joins Rick to lay out a simple- but important-  list of do’s and don’ts that could save your business thousands of dollars or more in 2017.