Category Archives: Business

The Cost Of ObamaCare

It will be $1.79/hour/employee:

These changes are spelled out in the 2,572-page law, but many more changes will be imposed by regulations yet to be written. The Obama administration is adding federal workers at a rapid pace to churn out and enforce new rules. The government’s own projections say the cost of health-care administration — bureaucrats telling doctors and patients what to do — will soar from $29 billion when President Obama was first elected to $71 billion by 2020, some $40 billion dollars a year more in bureaucracy.

What a shame: That’s enough money to buy private health plans for fully half of all Americans who are now uninsured because they can’t afford it.

Don’t be silly. That wouldn’t grow Leviathan, and give the government control over our lives.

That crashing sound you hear is people being dropped from coverage, and having their hours reduced, in some cases to zero.

The Makers And The Takers

…and the forgotten men and women:

Now, before you say something in your comments you’ll regret — or should regret — this is not to endorse the freedom-killing and economy-destroying solutions of the left, which only create a nation of rulers and dependents. Barack Obama has been a disaster for the poor and the working class and, I believe, will continue to be so. But to pat a worker on the head with your cigar hand and say, basically, “Don’t worry, little man, an unfettered market lifts everyone,” is not going to win you his confidence or his vote. Reagan never did that. (Read the excellent WaPo piece by AEI’s Henry Olsen at the link.) Reagan always stood up and spoke up for the little guy. He identified with him and explained why his policies would help him. Many of today’s Republicans have lost that knack and given the game away in the process. That’s why the polls showed people shared Romney’s values but thought Obama cared about “people like me.”

It’s largely conservative policies that help the working guy and girl, but you have to let them know that and make sure they understand that government cares about them and will not abandon them if they fall off the bottom rung of the ladder. When one candidate is saying, “Tax the rich,” and the other is calling half the people moochers, both are wrong… but only one will win an election.

Yes, the September/October surprise worked. And Romney was no Reagan. But the good news is that a more ept candidate can make the case to the working class for free markets. But the Republicans have to start caring more about it themselves, and stop coddling big business.

[Update a couple minutes later]

Related thoughts from Paul Hsieh:

…in retrospect, the vote totals showed that Romney’s support may have been deeper than McCain’s in 2008, but not significantly broader.

So in that respect, those GOP rallies indicated something akin to the small-but-intense fan base for Apple computers in the mid-1990s. Of course, one of Steve Jobs’ key accomplishments in the 2000s was to turn that into an LARGE-and-intense fan base for Apple products.

I won’t rehash the “bigthink” arguments about the best next direction for the GOP. I just want to propose that *if* they can improve their message and inspire genuine enthusiasm for a positive pro-freedom agenda, then rallying (and growing) the base won’t be a problem. Although I have a mixed opinion of Ronald Reagan policies, he was an acknowledged master at communicating an inspiring, upbeat message to the voters. If the GOP finds a good message and a good messenger, then the turnout problem will take care of itself.

Yup.

Obama’s Worst Day

Was it November 7th?

And there’s this:

…then there’s Michael DiPietro, 25, of Brooklyn, who accumulated about $100,000 in debt while getting a bachelor’s degree in fashion, sculpture, and performance, and spent the next two years waiting tables. He has since landed a fundraising job in the arts but still has no idea how he will pay back all that money. “I’ve come to the conclusion that it’s an obsolete idea that a college education is like your golden ticket,” DiPietro says. “It’s an idea that an older generation holds on to.”

Yes, because the older generation remembers a day when college degrees actually had value, and people weren’t spending a hundred grand to get a B.SA. degree in “fashion, sculpture and performance.”