Friday, November 6, 2015

Commentary Magazine's Jonathan Tobin doesn't even read what he cites, making a hash of Obamacare story

Jonathan Tobin here:

"This is something of a misnomer because, as the Heritage Institute pointed out in a paper published last month, almost all of these people were simply added to the rolls of those receiving Medicare. If you only count those who are actually receiving insurance outside of Medicare, the net increase of those with coverage (the number of those buying these policies is offset by an almost equal reduction in the number of customers who have employer-based plans) is only 260,000 people."

Ah, no.

First of all the paper was from the "Heritage Foundation", not the "Heritage Institute". Perhaps he's heard of it? It's only been a Washington fixture since like the Reagan Administration. He does remember Reagan, right? Well, he is a neoconservative.

And it was the rolls of Medicaid which were expanded, not Medicare. What kind of a dummy gets that wrong? Medicare is for older Americans. Medicare is supposed to be paid for through payroll taxes, and it's blowing up as we speak, but that's another story. Medicaid used to be health coverage for the poor and the indigent, provided by the States. Leave it to Obama to expand it from DC and call it insurance.

The middle class of this country will end up poor and indigent and on Medicaid, too, if someone doesn't put a stop to this train wreck called Obamacare and soon.

Middle class people have just had their taxes raised dramatically to provide coverage and subsidies to pay for that coverage to about 9 million people who didn't have it before or didn't have what they're getting now. Middle class taxes went up in the form of health insurance premium increases, raised deductibles and skyrocketing pharmaceutical price increases. Middle class people buying the cheapest of plans now can expect to shell out over $13,000 in premiums and deductibles before their plans pay out one red cent of a big healthcare bill. The incentive for them is to avoid care even when they need it in order to save money.  

All Tobin had to do to get the article moving in the right direction was to actually read the title of the Heritage paper and the accompanying abstract, but apparently he didn't do even that. One wonders if he even wrote the story himself. He is Commentary's "editor" after all.

What a putz. 


Backgrounder #3062 on Health Care

October 15, 2015

2014 Health Insurance Enrollment: Increase Due Almost Entirely to Medicaid Expansion
By Edmund F. Haislmaier and Drew Gonshorowski

Abstract

Health insurance enrollment data for 2014 shows that the number of Americans with health insurance increased by 9.25 million during the year. However, the vast majority of the increase was the result of 8.99 million individuals being added to the Medicaid rolls. While enrollment in private individual-market plans increased by almost 4.79 million, most of that gain was offset by a reduction of 4.53 million in the number of people with employment-based group coverage. Thus, the net increase in private health insurance in 2014 was just 260,000 people.

Thursday, November 5, 2015

I know that when I wanna store some food, I always build one of these first . . .


Investor's Business Daily comes out for abiotic crude oil and natural gas


You can take your Hubbert's Peak and shove it up your hind end.

To pay for highway bill, US House relies on selling strategic oil reserve and privatizing IRS employment instead of raising gasoline taxes

From the story here:

"The bill is in fact financed with a collection of offsets that many lawmakers find objectionable, such as raising $9 billion by selling oil from the country’s emergency oil reserves. Roughly $2.5 billion comes from requiring the Internal Revenue Service to use private debt collectors, reviving a controversial program opposed by many Democrats, consumer groups and the union that represents agency employees."

Trump is ahead of Carson 25 to 23 in two post-debate polls


Obama's gift to America


Wednesday, November 4, 2015

Looks like Real Clear Politics won't be including Reuters/Ipsos post-debate poll, so here it is: Trump 31% over Carson 19%

Explore it here.

At new book launch, Trump accuses Janet Yellen of keeping interest rates low to protect Obama's reputation

Donald Trump, quoted here by AP/Obama:

'"In my opinion Janet Yellen is highly political and she's not raising the rates for a very specific reason: because Obama told her not to," Trump said. "Because he wants to be out playing golf in a year from now, and he wants to be doing other things and he doesn't want to see a big bubble burst during his administration." ...

'The central bank decided in October to keep its key short-term interest rate at a record low in light of a weak global economy and slower U.S. hiring.'


Michigan Republicans increase gasoline excises by 7.3 cents, taking the state from 12th to 5th for highest gas taxes paid in America

Here's the current list of highest combined federal and state gasoline taxes per gallon paid in the top paying states, from highest to lowest:

PA: 73.70 cents per gallon
WA: 62.90
NY: 62.67
HI: 61.55
CA: 59.32
CT: 55.91
FL: 54.82
NC: 54.65
WV: 53.00
RI: 52.40
NV: 52.25
MI: 52.24
IL: 51.87
IN: 51.70
WI: 51.30
GA: 51.02
MD: 50.50
IA: 50.40
ID: 50.40

The tax increase in Michigan will bring the current level to 59.54 cents, ahead of California!

Lest you tree-hugging electric and hybrid drivers think you'll escape, you get slapped with $100 and $30 surcharges (hahahahaha!), according to the story here, on licenses, the rest of us 20% increases:

"Registration fees for passenger vehicles and trucks would rise by 20 percent in 2017, meaning an average $100 bill would rise to $120. The state would also assess a new $100 annual surcharge on most electric vehicles and $30 on hybrids."

And you thought Republicans were against raising taxes.

Real Clear Politics poll average has Carson +1, adds Quinnipiac poll but not Reuters poll out yesterday showing Trump way ahead


Raw temperature data have all been changed, 20% of it 16 times in the last 2.5 years

So says Marcia Glaze Wyatt here:

"Raw data is adjusted, sometimes justifiably (yet still injecting uncertainty), yet sometimes, arguably not justifiably, adding more uncertainty!!! Raw data have all been changed – 20% of it changed 16 times in the last 2 and a half years. This plot shows NOT the average surface T trend between 1880 and 2010, but rather the trend of changes made in the temperature anomalies (1880 to 2010) between May 2008 and May 2015. Take the month of January for comparison b/n 1915 and 2000. In May of 2008, the difference b/n January temperature anomalies for those years was 0.39oC. As of May 2015 note, the difference is 0.52oC (almost a degree F). ... And while one assumes that good intentions motivate the adjustments, one thing is obvious: temperatures adjustments prior to 1950 have resulted in a substantial cooling of the early century (20th) and adjustments made after 1950 have substantially warmed the record; consequently, the trend of temperature increase has significantly steepened over the years – a product of data changes. Is this an accurate reflection of reality? Uncertainty..."

Tuesday, November 3, 2015

Debt ceiling follies: The total public debt hit $18.152 trillion in mid March, but somehow the Treasury Dept. kept paying the bills for eight months without defaulting

March 2015
November 2015

Still waiting for Real Clear Politics to add the Reuters poll released over two hours ago


As usual Paul Krugman is full of crap about Republicans and jobs


"[P]rivate-sector employment is eight million higher than it was when Barack Obama took office, twice the job gains achieved under his predecessor before the recession struck."

When Barack Obama took office, W-2 employment stood at 155.4 million, and promptly fell 4.5 million. At the end of 2014 it stands at 158.2 million, 2.8 million higher than at the end of 2008, not 8 million higher.

At the same point in his presidency, George W. Bush had added 5.8 million W-2 jobs, and 7.3 million by the end of it.

Give 'em hell, Harry: The South China Sea is no more China's than the Gulf of Mexico is Mexico's

Admiral Harry Binkley Harris, Jr., Commander, USPACOM, quoted here:

Harris has been a forceful advocate within the military for challenging China’s claims to vast areas of the South China Sea. He told a Senate hearing in September that “the South China Sea is no more China’s than the Gulf of Mexico is Mexico’s.”

Sunday, November 1, 2015

Of course Ben Carson wants the debates taken off television

Television is Donald Trump's home turf.

An El Nino forecast for winter in Grand Rapids Michigan July 2015 - June 2016

Mean snowfall 66.7, predicting 47.85 inches
Mean heating degree days 6719, predicting 6148

Grand Rapids Michigan was warmer on average in October 2015 by 1.1 degrees F

The cumulative anomaly for 2015 thus declines from -18.2 to -17.1 degrees F.

That's now two months in a row with above average temperatures, helping to erase the big negative anomaly built up in the winter, and in February in particular.

Summer temperatures in GR in 2015 were below normal, so the warmer September and now October have offset that. A late or extended summer, you might say.

The cumulative anomaly in 2014 was -30.3 degrees F, and would have been even worse if not for a warm and snowless December. November set snow records here with 31 inches and the negative temperature anomaly reached -33 degrees F.

The peak negative anomaly in 2015 so far has been -22.6 degrees F through August.