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Health

Trump Tells G.O.P to Press Ahead with Repealing Obamacare

Donald Trump, has reportedly told the G.O.P to press ahead with repealing the Affordable Care Act quickly.  He said, “We have to get to business. Obamacare has been a catastrophic event.”

It is no secret that Republicans want to repeal the act as quickly as possible, but some with a more long term view want to wait until the replacement for the Affordable Care Act, or Obamacare, is ready.  Trump has effectively challenged the resolve of the Republicans that understand this is a complex issue.

Speaking to the press, Trump did not seem to understand the issues involved.  He said a vote would happen “probably some time next week.”  Adding, “the replace will be very quickly or simultaneously, very shortly thereafter.”

Given the complexities this is impossible.  A number of Republicans in the Senate had said they wanted to hold off voting until they had a replacement ready.  On Thursday senators will vote on a budget resolution that would establish parliamentary protections for a health care repeal bill.  Providing the bill is passed, The House would vote on Friday if that measure clears the senate.

Trump and House Speaker Paul Ryan both say that its marketplaces are dwindling.  The figures, however, completely contradict this view.  Despite the premiums increasing and wave after wave of negative press, President Obama’s best achievement continues to grow.

Aviva Aron-Dine, a senior counselor to Sylvia Mathews Burwell, the secretary of Health and Human Services, said, “Today’s data show that this market is not merely stable, it is actually on track for growth. Today we can officially proclaim these death spiral claims dead.”

Despite the evidence, it appears the Republicans have made the repeal of the Affordable Care Act a matter of pride.

Trump said, “It’s a catastrophic event. I feel that repeal and replace have to be together, for very simply, I think that the Democrats should want to fix Obamacare. They cannot live with it, and they have to go together.”

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Breaking

Addressing Income Disparity Will Make America Great Again According to Obama

In an interview with The Economist, President Obama outlined areas which Trump will need to address.  He said Trump must work on “restoring faith in an economy where hhard working Americans can get ahead requires addressing four major structural challenges: boosting productivity growth, combating rising inequality, ensuring that everyone who wants a job can get one and building a resilient economy that’s primed for future growth.”

According to Newsweek, inequality, or pay disparity is the one area Donald Trump can make a difference.  The gap between America’s rich and poor has been widening for decades.  Research has shown that the top 1% of households received 20% more than all U.S income in 2013.  Since the 1980s trickle-down economics has been popular.  As it turns out, the top 1% does not trickle-down but instead stays in the pockets of the 1%.

The other factor that is widening the pay gap is America’s shrinking middle class.  It has shrunk by 8.3% from the 70s.  The Middle Class is important and has been described by critical by Greek philosopher, Aristotle.   This is because it provides a buffer between rich and poor in the class struggle.  Karl Marx predicted that the class struggle would eventually destroy capitalism.

As rich people get richer, they tend to save rather than spend.  This causes economy, to take a hit and a host of other problems ensue.  Rising unemployment, lower economic growth, reduced tax revenues, all make balancing the economy harder to solve.

In the past, richer people have looked to invest their extra money.  As this market becomes more competitive, according to Newsweek, financial institutions take more risks.  This was a contributory factor to the financial meltdown in 2008.

Although this all makes grim reading on the surface, President – elect Donald Trump can address many of the issues that are causing the problems at the moment.