Green Party Encourages Waste? – Turnkey Turkey Shoot

Looks like Christmas shopping budgets went down for contributors to Jill Stein’s quixotic test of American intellect.  So much for saving the environment.  So much for conserving resources.  So much for whatever the Green Party is supposed to stand for.  Green Party members, look to your leader.

Thanksgiving was especially satisfying this year, ending 2 years of rancor; I thought.  Who wants to investigate or diagnose this pre-holly folly?  Is news content so sparse that the woman, who probably cost Hillary Clinton the election, is raising money to challenge the integrity of the election process? I thought that was Donald Trump’s job.

I would rather have fake news than sad, financial pandering to people who just could not get enough politics before the holidays.

Does Jill Stein have to publish the financial records of this specious fund-raising campaign?  I wonder who will receive the burgeoning  attorneys’ fees falling like confetti on Jill Stein’s wrong-way parade?  This year, it is easier to believe in Santa Claus than Jill Stein’s compost.

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Obamacare 6.7 Million Employees Lose Health Insurance

Yes, as I wrote in my August 31, 2016 article “Middle-Class Families Robbed by Obamacare – Before and After Taxes,” Obamacare has seen employers drop health insurance benefits for employees (6.6 million in 2014).

The administration boasts an increase of 9.5 million using the new exchanges in 2014.  Heritage.org provided this diagram of changes in health insurance coverage for 2014.  It shows that of 9 of the 9.25 million people newly covered were enrolled in expanded Medicaid.

It also shows the decrease in 6.7 million employer provided health insurance and 4.8 million increase in individual insurance.  Apparently 2.1 million self-insured (private pay, no insurance).

Employers stopped health insurance for 6.7 million employees after Obamacare came into effect.  The premiums paid by the employer for those insurance benefits were not taxed to the employees.

Often, those employers did not increase the paychecks of employees, they just pocketed the money.   The employees got a pay cut equal to the premiums.  The employees bought new coverage through the exchanges with after-tax dollars, probably for higher premiums than the employer paid.  But, even if the employee could buy equivalent coverage for the same premium, the employees lose.

Example:

Mary Smith earns $4,000 per month (taxable) and health benefits of $1,000 per month (not taxable).

Employer health insurance $1,000.  Equivalent individual coverage $1,400.

In the first example, Mary has $1,400 less per month, $16,800 per year.  The employer gains $1,000 per month, $12,000 per you.

In the second example, Mary has $615 less per month, $7,380 per year.  The employer loses $65 per month, $780 per year.

Employer Drops Health Insurance and Does Not Increase Salary to Offset

Obamacare

Employee Compensation

Before After Change
Salary 4,000 4,000 0
Income tax withholding 15%    600    600 0
Social Security & Medicare 6.75% 260 260 0
Paycheck                                              3,140 3,140 0
     
Health Insurance -1,400 -1,400
Total After-tax, after insurance       3,140 1,740 -1,400
Employer Costs
Salary 4,000 4,000 0
Social Security & Medicare 6.75% 260 260 0
Health Insurance 1,000 0 +1,000
Total Costs                                          5,260 4,260 +1,000

 

 

Employer Drops Health Insurance and Does Increase Salary to Offset

 

Obamacare
Employee Compensation Before After Change
Salary 4,000 5,000 +1,000
Income tax withholding 15%    600 750 -150
Social Security & Medicare 6.75% 260 325 -65
Paycheck                                              3,140 3,925 +785
     
Health Insurance -1,400 -1,400
Total After-tax, after insurance       3,140 2,525 -615
Employer Costs
Salary 4,000 5,000 +1,000
Social Security & Medicare 6.75% 260 325 -65
Health Insurance 1,000 0 -1,000
Total Costs                                          5,260 5,325 -65

 

 

 

 

Whining the Election – Trumpled Aspirations

Over the 52 years and 13 presidential elections I have been eligible to vote, I have never seen such sore losers, and humble winners.

I am disappointed with the disparate responses to the results of the 2016 presidential election.  Smug expectations from pollsters and pundits seem to have set a trap for Hillary’s disciples, and set a stage for impetuous, righteous indignation.  Rejection, disputation, refutation, spoilsport language, protests, and denial among disgruntled Clinton supporters is “over-the-top,” and “unpresidented.”  “He is not my president,” spake Gloria Steinem, Wednesday morning.  (Ironically, in the past, she also said, “The truth will set you free, but first it will piss you off.”) 

Why have Mrs. Clinton’s avid proponents gone off the rails into the deep waters of denial and despair?

I believe the presumption that Hillary Clinton had a commanding lead over Donald Trump was their downfall.  Belief in optimistic statistics led to haughty attitudes and supercilious sneers on the faces of Hillary’s fans.  The extreme vanity of the oracles’ predictions led to nasty, braggadocios, arrogance.  When pride met gravity, the indignity of the pratfall magnified the embarrassment of hubris. The expectations of overwhelming victory were shredded, by the unexpected appearance at the polls of hordes of angry, underserved workers.  The ambush of the uncounted, disenfranchised citizens prevailed.

The carefully crafted deception of optimistic unemployment statistics did not fool the people who took discounted wages and lesser jobs over the last eight years.  These voters had no voice among Democrats who applauded the “champion of hope” for his rescue of the economy, and restoration of the American Dream.  They were not deceived by or grateful for their thinly disguised demotions and the smiling, dismissive, carefully worded denigrations spun by an accommodating media on behalf of the Obama administration.

The scales did not fall from their eyes, because no scales formed as they lost their jobs, houses, cars, and pride.  The Affordable Care Act did not replace the healthcare insurance they lost when their employer dropped their health coverage; when they lost their jobs, their hopes were dashed by the failure of the “marketplace” to make personal health insurance and their out-of-pocket costs affordable.  Instead, they found themselves ravaged by astronomical premiums, deductibles, copays, and incredible prescription prices.  Hospitals and pharmacies raised their nominal, private pay prices to offset the discounts demanded by insurance providers.  The uninsured were left with impossible choices.

Promise after promise lay fallow by the roadside.  Example after example of the USA borrowing trillions of dollars to pay for the rest of the world’s problems and defense festered, while Americans suffered from the Great Recession.  Pact after pact, treaty after treaty left us at disadvantage.  Military efforts left us looking weak, as we shrank from conflicts under cover of spin.  Former allies spat disparaging invectives on our leaders.

Did Hillary’s followers believe she could pull us out of the ditch of weakness and doubt created these past eight years?  Did her apostles think her baggage and prevarications would evaporate by inauguration?  No wonder they were blindsided when Trump won.