Thursday, June 25, 2015
GETTING RID OF 'OBAMACARE"
After the recent Supreme Court decision, Republicans vow to get rid of Obamacare. After all they originated the word "Obamacare" as a pejorative, and now that after spending all that time, energy and money, it has become a word of praise, they will redouble efforts to have everybody revert to its first name, "Affordable Care Act". Republicans will show the world that they mean business!
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Republicans have made a similar move by designating the Trade Promotion Authority and Fast Track bills "Obamatrade". Though both are being pushed through a Republican-controlled congress, they will claim credit if the bills become law and are deemed suitably good, while deferring blame to Obama if the laws are determined to be detrimental to trade and the American public. That strikes a glaring similarity to Wall Street's practice of privatizing profits while socializing losses.
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