HHS has Given a Free Pass to Exxon, Pepsi, Chevron, Visa Together with NYC and Even the Dept of Defense but Has Taken the ‘Little Sisters of the Poor’ to Court Insisting they Must Either Comply with the ObamaCare HHS Mandate or Face Crushing Fines
Image Courtesy: PoliticsReligionandHer.com
U.S. Conference of Catholic Bishop’s Reacts to U.S. Supreme Ct HHS Mandate Decision
More here from The Little Sister of the Poor
Labor Force Participation Rate Declines to 62.8% Matching a Rate When Another Democrat, Jimmy Carter Occupied the Oval Office -Image: Bureau of Labor Statistics
(Market Watch) Companies scaled back hiring in April, adding a mere 160K jobs well below expectations of 203,000 jobs — the labor force participation dipped to 62.8% near a 38 yr low as 362,000 people dropped out of the job force in April
The number of Americans not in the labor force last month totaled 94,044,000 — 562,000 more than in March reports CNS News among major worker groups the jobless rate for Hispanics grew to 6.1% and African-Americans 8.8%
On the 03 May, I wrote here that productivity growth is slowing more than it has since the 1980s as the economy grew at an anemic 0.5% annually according to data released last week by the Dept of Commerce.
More here from Fox Business
Obama’s Watch: How Times Have Changed
Image Courtesy: Robert Thomas Leahy
H/T: Kai Bun De’ng
(CNN) Iraq Green Zone & Parliament Stormed by Protesters Following Shiite Cleric’s Speech — Video Flashback: Remember When Obama said: ‘We’re Leaving Behind a Sovereign, Stable and Self Reliant Iraq’
(NY Times) Despite Obama’s rosy economic perception and claims that the economy is in much better shape than the public appreciates, together with his delusional claims of falling budget deficits (by roughly three quarters) since he took office — numbers just don’t lie unlike someone else that I won’t mention.
U.S. Debt Clock Today
In March 2009 according to Politico the Federal Budget Deficit Hit $10.9 Trillion
During Obama’s Watch the Federal Budget Deficit has Nearly Doubled
Flashback: Remember When Obama Claimed George Bush Was Irresponsible and Unpatriotic for Adding $4 Trillion to the Federal Budget Deficit?
What Does This Make Obama???
Hillary Clinton.com Cheers Obamanomics
(MarketWatch) The rate that Americans own their own homes fell in the first quarter to the third lowest on record and indication that worsening finances as well as changing preferences since the great recession are altering behavior.
The U.S. Dept of Commerce reported that the homeownership rate fell to 63.6% in the first quarter marking the third lowest figure since the 63.5% low in the second quarter 2015 — the homeownership rate was 67.8% in the quarter when the U.S. entered recession.
On Thursday I wrote here that the U.S. Dept of Commerce GDP report shows the nation’s economy growing at just an anemic 0.5% the slowest pace in two years.
(Business Week) GDP Report Shows Economy Grew in 1st Qtr at Slowest Pace in 2 Yrs – Business Investment Weakest Since Great Recession — Hillary Clinton Cheers Obamanomics Calls it Progress.
According to the U.S. Dept of Commerce GDP report shows the economy stalling, slowing to just 0.5% annual growth during the 1st quarter — the U.S. economy had grown at an anemic 1.4% – 2% – 3.9% and 0.6% in the previous four quarters.
Related: The Obama Record: Worst 5 Yrs Since WWII -Daily Caller 2014
The Real Reagan Economic Record: Responsible & Successful Fiscal Policy -Heritage Foundation
Huh? Hillary Clinton’s Accomplishments??? — Remember…
Hillary Clinton on Benghazi: “What Difference at This Point Does It Make”
When Four American Heroes Were Murdered
(WaPo) Hillary Clinton takes to Twitter cheering ObamaCare as Affordable Huh??? – Obama promised the ACA would lower premiums by $2500 for a typical family per year however even Obama’s former Medicare Chief Marilyn Tavenner who ran ObamaCare has forecast ACA premiums will rise faster next year.
As they do, young healthy people will be forced out of the ObamaCare exchanges and the only people that will be able to afford ObamaCare will be high risk patients who qualify for federal subsidies (government handouts) and without enough young healthy people in the exchanges to pay for the less healthy and sick ones, taxpayers will be stuck with more-and-more of the costs over time – a situation that is unsustainable in the long run.
Related: ObamaCare Costs Rising as More Enroll in Medicaid -Washington Post
Premiums Expected to Continue Climbing Under ObamaCare -Daily Caller
(Catholic Online) Insurance companies are telling Obama and the American people, they must raise premiums, others are pulling out of the ObamaCare Exchanges” just this week we’ve learned that United Healthcare, the biggest health insurer in the U.S. is pulling out of most of the so called marketplaces in 2017 — this is more proof that ObamaCare, rammed down our throats by the Democrats that controlled Congress during the first two years of Obama’s presidency, haphazardly designed a system destined to fail.
Gone are the day’s of Obama’s grandiose promises that ObamaCare would drive down healthcare costs by $2500 a year — where oh where are those promised savings? I digress.
Insurance companies are complaining they cannot generate profits while treating patients–businesses often change what markets will bear and because health care is related to survival, people will pay premium costs. However without meaningful competition, regulation and government collusion, prices naturally rise to a premium cost that prices out those at the bottom and may bankrupt the middle.
Compelling the middle-class to make installments in their pending bankruptcies — Many Americans have realized there is nothing “Affordable” about the Democrat passage of the so called ‘Affordable Care Act’ – On the 10 November, I wrote here that ObamaCare deductibles were rising faster faster than premiums or wages and that a majority of the co-ops were failing and at significant cost to the taxpayers.
Hopefully the rallying call this year during the presidential race will be to repeal and replace this monstrosity called ObamaCare with health insurance which Americans can purchase across state lines (as they do life and car insurance today) which will drive competition, lowering insurance premiums and the sky-high deductibles which have resulted when government meddles in the marketplace.
Related: Former Medicare Chief Warns that ObamaCare Premium Increases are Coming