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Jekyl and Hyde year

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From page A4 | November 06, 2013 | 31 Comments

Locally 2014 looks like a positive year for the economy, as evidenced by the amount of new construction being recorded by the El Dorado Irrigation District. Nationally, the economy was due to continue its plodding, incremental improvement. But not so much anymore. Dr. Jekyl will be in charge of the local economy, so long as the El Dorado County Board of Supervisors doesn’t screw it up.

But on the national scene it appears the evil Mr. Hyde will dominate. We’re talking Obamacare here, folks. With some 15 million people being kicked off the health insurance plans they like and being forced on government-ordered plans that will cost them twice as much, the national economic future looks dim. Once these 15 million who had individual plans are forced onto plans that cost twice as much or more, that big sucking sound will be money going to health insurance instead of the consumer economy.

When Obamacare diminishes the personal spending power of these 15 million people who bought insurance for their families on the individual market, the economy could shrink. It is not just the 15 million, but everyone insured through their job is going to face higher health insurance costs as all the requirements by the federal government begin coursing though the country. Obamacare will bring about a recession; if we’re lucky it will just result in GDP growth of under 1 percent.

Besides the economic havoc Obamacare will wreak on this country, there is a continuing shortage of new doctors.

Last year there were 1,761 medical students who passed all the preclinical, clinical and two national licensing exams to become medical doctors, but weren’t accepted into a residence training program.

“And now the White House wants to set aside even less money for doctor training while reorganizing the nation’s insurance market,” Atul Nakhasi wrote in the Oct. 31 Wall Street Journal. “And at a time when the new health care law is expected to create a demand for more physicians, a proposed $11 billion budget cut over the next 10 years guarantee there will be fewer doctors.”

In fact, the number of doctor training slots supported by the federal government has remained unchanged since 1997. The American Medical Association in 2010 reported the country was short 16,000 doctors and that will quadruple over the next two years.

Obamacare is a bloated, high-cost insurance plan being forced on the American people by their government along with a doctor shortage. That combination is heading us straight for the medical-care rationing. Medical rationing and the economic doldrums. We’ll all feel like we’re living through the Rime of the Ancient Mariner — “As idle as a painted ship, Upon a painted ocean.”

Mountain Democrat

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Discussion | 31 comments

  • cookie65November 06, 2013 - 5:05 am

    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries." -- Winston Churchill

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  • EvelynNovember 06, 2013 - 6:01 am

    IF YOU LIKE YOUR PLAN YOU CAN KEEP IT - HERE

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  • cookie65November 06, 2013 - 7:09 am

    Evelyn, did you ever imagine how stupid the dim's think their base must be? Here is piglosi illustrating how stupid she thinks the obamabots are. http://www.ijreview.com/2013/11/92287-meanwhile-pelosi-says-obamacare-implementation-gone-well/

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  • MorrisNovember 06, 2013 - 7:14 am

    Well. Looks like someone had a big 'ol bowl of Applejackasses for breakfast.

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  • cookie65November 06, 2013 - 7:31 am

    Morris, I realize you and the other lemmings can't name a single thing leftism creates and/produces, so how about this question instead. Name for me 3 things you can do that the government has not involved itself in, in one form or another.

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  • cookie65November 06, 2013 - 7:41 am

    You know Morris, it is interesting just how much of a useful idiot some people can be. obama and the rest of the leftist/socialist/progressive/communists LIED to your face more times than you can count with your shoes off and then denied what is on video proving it and I am the jackass. Welcome to earth Morris. How was your visit on planet pixie dust?

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  • cookie65November 06, 2013 - 7:19 am

    Evelyn, I have mentioned a number of times how the left used pre-exiting conditions to bait the hook for the useful idiots in order to take over healthcare. It is a fact that no such pre-existing condition clause exists in any public sector union insurance plan and the states regulate and license insurers to do business and could have addressed it anytime they chose to. But I came across something yesterday that shows what kind of power state insurance departments can exercise when it benefits the leftists agenda. http://blog.sfgate.com/pender/2013/11/05/blue-shield-gives-80000-policyholders-a-90-day-reprieve-on-cancellations/

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  • kggNovember 06, 2013 - 7:57 am

    "With some 15 million people being kicked off the health insurance plans they like and being forced on government-ordered plans that will cost them twice as much, the national economic future looks dim. " kgg writes: of course, there is no proof of this statement - just wild claims. oh hum. another day, another lie.

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  • cookie65November 06, 2013 - 8:01 am

    kgg, speaking of wild claims, have you heard this one? "Let me be exactly clear about what health care reform means to you,” Obama said at one rally in July 2009. “First of all, if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you.”

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  • EvelynNovember 06, 2013 - 12:17 pm

    "OF COURSE Obamacare Exchanges Will Be Manipulated … Like Traders Already Manipulate Exchanges for Commodities, Carbon Credits, Derivatives, and Everything Else" - HERE: The following exchanges are being widely manipulated by big banks, hedge funds and other players: • Currency • Interest rates • Oil • Energy • Gold and silver • Derivatives • Carbon (i.e. “cap and trade”) • Virtually all other commodities • Basically all exchanges ----- Why do you think Obamacare will be different?

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  • Dink LaneNovember 06, 2013 - 12:51 pm

    Why is the MD fighting so hard to "protect" the INSURANCE companies from having to deal in an OPEN-MARKET ????? ...............1.) "being forced on government-ordered plans"..... Really? Drug companies MUST follow standards.... Auto manufacturers MUST follow standards -- NO Standards for HC insurance? ...... 2.) "everyone insured through their job is going to face higher health insurance costs"....... Really? Haven't our COSTS been soaring for the last 10 years??? This year Kaiser Family Foundation said the LOWEST in 10years (4%) -- YOU want high rates to continue??........... 3.) "White House wants to set aside even less money for doctor training"..... Really? Remember a thing called SEQUESTER? Remember that the LEGISLATOR holds the purse-strings???............. All Obamacare does is OPEN THE DOORS for public access to BUY health care Insurance......... and the MD is against that?

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  • Dee#1November 06, 2013 - 2:46 pm

    So far the important demographic to make Obamacare work is declining to participate.-----------An analysis published yesterday points out that the people who have successfully enrolled in plans through various state exchanges tend to be over 50: Kentucky's state-run exchange reported that nearly 40% of the estimated 4,631 enrollees in private health plans are older than 55, while 24% of the remaining enrollees are younger than 34; Michigan-based Priority Health said the average age of new enrollees is 51, up from about 41 for plans offered for the current year; WellPoint said most of its enrollees in Connecticut were between the ages of 55 and 64; and Wisconsin-based Arise Health Plan said more than 50% its 150 enrollees are over age 50 (Wall Street Journal, 11/4). Let's break this down in Kentucky a little bit. Note that the total number who have signed up in Kentucky is nearly 28,000 people. Out of that number only 4,631 bought private plans while the rest enrolled in Medicaid. Of those 4,631 who bought private plans, 40% (1,852 of them) were over 55 years of age. Of the remaining 2,779 who bought private insurance, just 667 were under 35. This means that of the 27,854 people who enrolled in plans in Kentucky, 2.4% were relatively young and (presumably) healthy. Or put another way, 97.6 percent were over 35. ------This will not sustain the program. Another gazillion dollar is on its way.

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  • Dink LaneNovember 06, 2013 - 3:28 pm

    So what are you saying Dee? That you don't want the 40% in Kentucky to enroll? ......... Or are you saying that older people who aren't on Medicare -- who need medical coverage -- should NOT have health care "access"? ........ Are saying that this is going to cost a "gazillion" dollars..... which the CBO says that it's "reducing the deficit"...... because the young people haven't signed up yet..... That's like saying.... Let's call off Christmas because 90% of the public haven't bought their Christmas gifts yet and there are ONLY 48 days left to shop..... It's not March yet...... Once again Dee, I'm asking............ Why are you fighting SO HARD for the INSURANCE companies?..... Why is it so bad that people have the RIGHT to find different insurance plans????....... I know the companies don't like competition (GOP always says that it brings prices down) -- But why are you on the SIDE of the Insurance companies effort to BLOCK open markets?

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  • Dink LaneNovember 06, 2013 - 3:38 pm

    Bulletin: Just released report from Congressional hearing -- "In the marketplace, the rates have come in about 16% lower than what the Congressional Budget Office projected those rates to be."........ Let me repeat --- 16% LOWER...... Now let the anti-Health Care ranting resume....

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  • EvelynNovember 06, 2013 - 4:06 pm

    Rant #1: "US Government Exempts New Health Exchanges from Anti-Fraud Standards" - HERE

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  • EvelynNovember 06, 2013 - 4:10 pm

    Rant #2: "Strategic Move Exempts Health Law From Broader U.S. Statute" - HERE: [T]he Obama administration has ruled that neither the federal insurance exchange nor the federal subsidies paid to insurance companies on behalf of low-income people are “federal health care programs.” The surprise decision . . . exempts subsidized health insurance from a law that bans rebates, kickbacks, bribes and certain other financial arrangements in federal health programs, stripping law enforcement of a powerful tool used to fight fraud in other health care programs, like Medicare.

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  • EvelynNovember 06, 2013 - 4:16 pm

    Rant #3: "The decision to exempt the exchanges brought into being by the ACA from the anti-corruption rules is more telling than Sebelius can possibly realize. It points a finger at the essentially criminal character of the for-profit health care industry in America."

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  • EvelynNovember 06, 2013 - 4:24 pm

    Rant #4 (This space reserved for the next person)

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  • Dee#1November 06, 2013 - 4:50 pm

    Dink, the demographic that is needed to make the program be fiscally feasible, young and healthy, is not, at this point, enrolling in Obamacare. So far, only the older, sicker and Medicaid population is the majority enrolled. If this does not rectify itself, the Government will need to have another gazillions bailout. This seems to be a weakness in the program that should have been discussed and corrected before the passage of the bill. Since it wasn't, we need to aware of it now and start searching for solutions. My own solution is repeal and start the process with real discussion not political attitudes.

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  • Dee#1November 06, 2013 - 4:54 pm

    Oh,Dink, an open market would be one where the companies could compete across state lines and would allow plans that meet the needs of each individual.consumer not dictated by some government bully.

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  • James E.November 06, 2013 - 5:01 pm

    If health insurance companies could sell across state lines, they would quickly transfer their headquarters to the state with no or absolute minimum laws regulating health insurance companies. Then, they could quickly run "wilder." I'm tired of reading about Obamacare and the president. Could we change the topic to Rand Paul, the Tea Party Senator from Kentucky. Appears he has his knickers in a bunch big time.

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  • R.j. CarterNovember 06, 2013 - 5:20 pm

    James....Congratulations...Your the only guy I know that would get on a blog about Obama-care and ask everyone to change the subject..

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  • James E.November 06, 2013 - 5:29 pm

    R.J.. it's what I do. Guess no one in EDC wants to talk about Rand Paul, the Tea Party Senator from Kentucky. Why would that be?

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  • Dink LaneNovember 06, 2013 - 5:31 pm

    Your right Dee -- Selling insurance across state lines would be great for competition...... But..... Do you want AZ insurance laws dictating what CA insurance coverage would be???..... The other thing..... What local lobbyist .... wanted ONLY Anthem-Blue Shield to be available to the residents of GA and NOT any other insurance such as a HMO to compete for customers? Do you think it might have been the Insurance Lobbyist? --- OK James.... You win.... I'm done here... On to Rand Paul...

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  • Dee#1November 06, 2013 - 5:34 pm

    So much for competition------The Big Boys Manipulate EVERY Market … While Would Obamacare Be Any Different? The following exchanges are being widely manipulated by big banks, hedge funds and other players: Currency Interest rates Oil (and see this) Energy Gold and silver Derivatives Carbon (i.e. “cap and trade”) Virtually all other commodities Basically all exchanges Why do you think Obamacare will be different? The leverage which huge pots of cash, insider information and high-frequency trading give to the big banks and other big players makes exchanges an easy target. The big boys play dirty. And the Obama administration is allegedly exempting the Obamacare exchanges from anti-fraud standards As the New York Times notes: Billions could flow from Washington to Wall Street, indeed. Postscript: True progressives such as Eric Zeusse, Yves Smith and Corrente have long warned that Obamacare is nothing but a giant giveaway to big health insurance companies. But it is also a new opportunity for Wall Street to extract huge sums by manipulating a new market. ------and Dink, that would be for the consumer to decide not the government. Your faith in government oversight is admirable.

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  • James E.November 06, 2013 - 5:40 pm

    Dink, I really didn't want to chat about Rand Paul, the Tea Party Senator from Kentucky. I don't like to kick someone when he's down. So, let's continue kicking the president and Obamacare while they're down.

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  • EvelynNovember 06, 2013 - 5:41 pm

    James: I'm not unsympathetic with your Obamacare fatigue. We've been around the block so many times on this that it's becoming something of a harangue (even though Dee #1 and I are right!!!).

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  • James E.November 06, 2013 - 5:45 pm

    Dee, I see that you agree with me that Obamacare is nothing more than a giant giveaway to the Health Insurance Companies. Why isn't this in the media? Oh, right, they don't keep the buggers honest anymore. Well, maybe the MtDemocrat will write an article on the giant giveaway, but don't hold your breath.

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  • James E.November 06, 2013 - 5:56 pm

    Evelyn, I would never say the ladies on this site are wrong. Sometimes, a tad confused, but never wrong.

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  • EvelynNovember 06, 2013 - 6:01 pm

    Progress!

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  • cookie65November 06, 2013 - 6:51 pm

    Rant #4. The overwhelming majority of those who have signed up have signed for Medicare. The 7 million young health non consumers needed to raise Titanic aren't buying. Perhaps by the year 3517 we will reach the 7 million.

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