Monday, November 2, 2015
Liberals Complain: Mitt Romney was too successful in business; Carly Fiorina not successful enough
Tweaks
But the truth is, people like Mr. McKibben can’t afford practical, meaningful progress—because it would be unnoticeable and undramatic. Modest tweaks to incentives, then seeing how energy technology and the energy economy adapted over time, would not fulfill their need for a pressing global crisis that casts them as moral warriors (well-funded ones) whose victory over deniers and climate criminals is always just around the corner—and must remain so in order to keep the money, media attention and political fealty flowing. (Holman W. Jenkins, Jr., Wall Street Journal, 10/27/2015)
Jenkins skewers Middlebury College's Bill McKibben who - you may have heard - in desperate need of attention just got himself arrested by blocking access to a Burlington, Vermont gas station. McKibben was processed at police headquarters and then walked back to Middlebury.
CORRECTION: We have just received word that McKibben drove back to Middlebury in a car that contained an internal combustion engine. We apologize for the error.
An Open Letter to Ashley Parker
Of course, attacking the media, especially the so-called liberal media, is a popular and time-tested Republican trope. (Ashley Parker, New York Times, 10/31/2015)
Dear Ash:
The Liberal Media is real! Read RedStateVT regularly for the proof.
(Hint: Your paper is part of the Liberal Media.)
Regards
RedStateVT
It's Working! Obamacare is Working!
In Tennessee, the state insurance commissioner approved a 36 percent rate increase for the largest health insurer in the state’s individual marketplace. In Iowa, the commissioner approved rate increases averaging 29 percent for the state’s dominant insurer. Health insurance consumers logging into HealthCare.gov on Sunday for the first day of the Affordable Care Act’s third open enrollment season may be in for sticker shock, unless they are willing to shop around. Federal officials acknowledged on Friday that many people would need to pick new plans to avoid substantial increases in premiums.
...
“Shopping can save you money,” said Richard G. Frank, an assistant secretary of health and human services, who unveiled a huge collection of data on health plans that will go on sale on Sunday in the 38 states served by HealthCare.gov.
...
The Obama administration said nearly nine out of 10 consumers with marketplace coverage would be able to choose from three or more insurers in 2016. That is important, Mr. Frank said, because in insurance and other industries, “competition intensifies when there are three or more firms in a market.” (New York Times, 10/31/2015)
The big news is not that Obamacare premiums are going up. That was inevitable and entirely predictable. No the big news is that Obama administration officials admit that competition results in market efficiencies.
Capitalism works!
Of course this will all be forgotten the next time that Liberals push for single-payer. Then we will only hear about the great inefficiencies of the private sector insurers.
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Medicare for all would be much easier for we consumers (see my Blog today). Economically, the 200,000 - 300,00 who work in the private health insurance sector would have to transition to new jobs and that transition would be a hit to them and the economy.
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