Monday, February 6, 2012

Unemployment, Obamacare, Endorsements, and the Senate

Obama sends you a message
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The latest unemployment figures are raising some questions.  I address one of them right below.  #1 tells the story of what’s happening in Great Britain regarding the NHS (their Obamacare).  #2 Romney got the nod from the Columbus Dispatch, not simply against his Republican rivals but against the current president.  #3 looks at relates how the Democratically controlled Senate has not only not passed a budget in over 1000 days, but sees no need to do so even though the law says they must. 

In last week’s postings we had a story about Allen West calling attention to the latest BLS stats on current unemployment.  He said that the drop in black unemployment by 2.2% didn’t seem right as it occurred in a single month.  In fact if you assume since blacks make up 10% of the population and you run the numbers, it appears of the 243,000 jobs created this month, 308,000 of them were taken by black Americans.  That’s the number you would need to bring down their unemployment rate by 2.2%.  

1.  Obamacare’s Future with the IPAB

When great-grandmother Barbara Judge was told that she needed an operation on her aortic aneurysm and her case had been referred to a special funding panel, she assumed it was a formality.

But 10 days ago, the 72-year-old received a letter which said her local NHS trust would not pay for the treatment…

The IPAB is designed to do what happened here except it won’t be as personal as this story is.  The IPAB won’t look at individual cases.  They will look to save money by cutting reimbursement eventually eliminating certain procedures for everyone that might get them.

2.  Columbus Dispatch endorses Romney

In the March 6 primary, The Dispatch urges Ohio Republicans to choose Mitt Romney as their party’s presidential nominee.

American voters need someone who offers an alternative to the failed policies of President Barack Obama. Romney is the candidate best able to do that.

It would be politically expedient for a presidential candidate to vow that he’ll single-handedly create jobs. Romney promises something else: He says he’ll get government out of the way, because government can’t create jobs. It can only inhibit their creation, as has been amply demonstrated over the past three years.

Obama has failed to energize the economy, despite massive and ill-considered interventions, including the unpopular health-care overhaul and an $800 billion “stimulus” package. The latter not only hasn’t stimulated the economy, it is a major part of the $4.6 trillion in additional debt the president has piled on the nation. Last week, the Congressional Budget Office predicted continued sluggish recovery in the economy for the next couple of years. Recent drops in unemployment claims have come not because job creation is booming, but because discouraged people are dropping out of the work force…

I keep hearing liberals ask if we want to return to the failed policies of the past when speaking for BHO.  I think they want to stay with the failed policies of the present.  But the American people know better than that.


3.  Democratic Senate moves not to the Budget, but to the Buffet Rule

The Senate hasn't passed a budget in over a thousand days, yet it has time to consider one member's bill to make the no-growth logic of the administration's favorite billionaire the law of the land.

Senate Majority Leader Harry Reid, Democrat from the state ranking among the highest in foreclosures and unemployment, would prefer leaving the ship of state to drift rudderlessly. "We do not need to bring a budget to the floor this year — it's done, we don't need to do it," Reid told reporters Friday.

Reid's idea of getting things done is punting to a supercommittee that itself punts on entitlement reform and continuing resolutions that keep us on the path paved by Greece. "They're attacking us because they have nothing better to do," Reid said. "They need something else to talk about."

Well, then, let's talk about Sen. Sheldon Whitehouse, D-R.I., who has introduced the Pay Their Fair Share Act. In this year's State of the Union address, President Obama said: "Tax reform should follow the Buffett Rule." Whitehouse's legislation would make that demagogic goal a reality.

The act, endorsed by the likes of the purple shirts at the Service Employees International Union and co-sponsored by Sens. Daniel Akaka, D-Hawaii; Mark Begich, D-Alaska; Richard Blumenthal, D-Conn.; Tom Harkin, D-Iowa; Patrick Leahy, D-Vt.; Bernie Sanders, I-Vt.; and Chuck Schumer, D-N.Y., would ensure that multimillion-dollar earners pay at least a 30% effective tax rate on income, including capital gains and dividends, just as Obama proposed..

This has no chance of passing this year and it’s a good thing.  The Democrats are forever forgetting about the law of unintended consequences. 

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