- E's Moriarity
Trump is not pretty.
http://video.aljazeera.com/channels/eng/videos/who-is-the-re ... 128627306001
The domino effect of the crisis hadn't yet hit other countries, it was still very new. Very quickly however, other countries began to realize if the American economy tanks, so will theirs, and they did.
Our debt around the world is so great that if we default the world economy will collapse, fast. People can think we're overreacting or imploding , etc but for the most part, as we go, you go. It's just that way, not by accident in my opinion.
America realizes we are not just in a slump, our economy is still precarious. Wall Street and Bank bottom lines have shored up and look good but what we as common citizens know, good paying jobs have not come back. The widening of upper class and middle class is all but eliminating a middle class and the poor are getting poorer and treated worse by the day.
We barely manufacture anything and it is not unusual to have companies with market caps of 20 - 25 billion dollars with only a couple hundred employees. Not good. Companies of that size at one time employed 10's of thousands of workers with good paying jobs, no more.
No, it's not hyperbole. Americans are rightly concerned about this election for many reasons not the least of which are the consequences we we face for living on credit for so long.
Income is finally up for everyone (including the poor). The rich certainly saw the largest increase.
Lots of data:
http://www.motherjones.com/politics/2016/09/census-bureau-in ... ion-recovery
When it comes to health insurance, I think about 2 or 3 people have told me they have benefitted. Mostly, speaking to people who work at places like grocery stores and used to be able to get by on their job, get a little overtime each month to make ends meet, have almost universally had to take second jobs because their employers, to avoid giving health insurance, have cut almost everyone's hours down to about 30 per week making almost all employees part timers. They didn't have health insurance before, still don't but additionally now they can't make enough money to live.
I find more people out of work for long periods that have just given up, and aren't even looking anymore for anything close to what they used to have for employment.
From the link, that I see and agree with:
"Still, those incomes remained below their pre-recession highs".
Whereas the earnings of the bottom 60 percent of households remain lower today than they were in 2007"
"The bad news, of course: We've got a long way to go to get people at the bottom and in the middle to where they were at the turn of the century."
- Supporter in '11
He injured his knee on the job (construction), and had one surgery for it covered under Workmen's Comp. The surgery did nothing to help and his doctor determined he needed a different type surgery. Workmen's Comp denied the surgery, saying it wouldn't help (even though they hadn't examined him). He couldn't get private health insurance because it was a pre-existing condition. He tried battling Workmen's Comp for years with no luck. Meanwhile, he couldn't even walk around the block without getting major swelling in his knee. It was so sad to watch my son in his 20's not able to walk around the block. And it wasn't easy on his psyche either.
Finally, Obamacare came around. He got the surgery he needed about 5 years before. He took some classes, got his Water Treatment and Distribution licenses, and is now a happily employed taxpayer.
So I think the economics of Obamacare may need some tweaking, but being able to get health insurance when he had no hope of it before was a life saver. And it has created a person who can pay back into the system via taxes, when he couldn't before.
I couldn't get health insurance before either due to have had cancer 15 years earlier, with no recurrences.
The ACA has definitely been a lifesaver (literally) for many people.
So, I didn't know about the life changing event enrollment period of 90 days (how was I supposed to know about that?!), and when I got on line to enroll, it was too late. I have been without health insurance now for the entire year. I hope I can avoid penalties. . . .
I don't understand why there has to be a time limited enrollment period.
Also, from what I've been able to glean, mental health coverage is still really poor to non-existent.
- Supporter in '11
I went to a get out the vote event that featured Madeleine Albright. She still travels the world and meets with many people. She said that one of the questions she gets everywhere she goes is about our election and Trump with some variation of "have you Americans lost your minds?"
GPIG - Even before Obamacare, I heard that companies were favoring part time jobs to avoid giving benefits. I suppose they give benefits to management staff and by keeping hourly employees part time, they avoid extending those benefits to the hourly workers. Maybe Obamacare has made it worse, but that problem was already there before it.