What We Know And Don’t Know About Obamacare, Part I

Obamacare's third open enrollment season launched yesterday. Here are six things we know about the program. (Tomorrow: four things we still don't know.) Credit:americanlegislator.org

Oba­macare’s third open enroll­ment sea­son launched yes­ter­day. Here are six things we know about the pro­gram. (Tomor­row: four things we still don’t know.) Credit:americanlegislator.org

Obamacare’s third open enroll­ment sea­son has kicked off, begin­ning the next chap­ter in its tur­bu­lent his­to­ry.  Today’s post dis­cuss­es what we know about Oba­macare.  Tomorrow’s will dis­cuss what we still don’t know.

What We Know

Few­er peo­ple are unin­sured. How many few­er is a mat­ter of dis­pute, but the improve­ment is sub­stan­tial by any mea­sure.  HHS Sec­re­tary Sylvia Bur­well cred­its Oba­macare with reduc­ing the num­ber of unin­sured peo­ple by 17.6 mil­lion since 2010.   And though you’ll like­ly hear this num­ber repeat­ed (and often round­ed up to 18 mil­lion), it’s almost cer­tain­ly exag­ger­at­ed.   Con­tin­ue read­ing →

Inequality: Has The Income Gap Narrowed?

Two icons of the Left -- economist Thomas Piketty and Senator Elizabeth Warren (D-MA) -- talking about rising inequality last June.  But by some measures, inequality is shrinking.  [Credit: National Review]

Two icons of the Left — econ­o­mist Thomas Piket­ty and Sen­a­tor Eliz­a­beth War­ren (D‑MA) — dis­cussing ris­ing inequal­i­ty dur­ing an event last June. But by some mea­sures, inequal­i­ty is shrink­ing, not ris­ing. [Cred­it: Nation­al Review]

“The game right now in Amer­i­ca is rigged. It is rigged so that those at the top keep doing bet­ter and bet­ter, and every­one else is under increas­ing pres­sure, is under increas­ing eco­nom­ic strain…And that is the pro­found dan­ger that we see from great inequal­i­ty.” Eliz­a­beth War­ren (D‑MA)

Democ­rats are still sting­ing from last month’s epic defeat at the polls.  Some of them attribute that unhap­py out­come to ide­o­log­i­cal tem­per­ance.  The par­ty would do bet­ter, some argue, if their can­di­dates took a more stri­dent tone, denounc­ing the rich, preach­ing that Wash­ing­ton gov­erns in the ser­vice of Wall Street, and call­ing for more aggres­sive redis­tri­b­u­tion of income and wealth to damp­en ris­ing inequality.

But a new study pub­lished in the South­ern Eco­nom­ic Jour­nal pulls at a crit­i­cal thread of that nar­ra­tive.  It found that, at least accord­ing to one mea­sure of income, the gap between rich and poor actu­al­ly nar­rowed between 1989 and 2007. Con­tin­ue read­ing →

What We Know And Don’t Know About Obamacare

The White House spent billions last year on efforts like this to promote Obamacare enrollment. How will they do this year? [Credit: Washington Post]

The White House spent bil­lions last year on efforts like this to pro­mote Oba­macare enroll­ment. How will they do this year? [Cred­it: Wash­ing­ton Post]

If you are a law­ful res­i­dent of the Unit­ed States and you lack health insur­ance today, it’s almost cer­tain­ly your fault.  You can’t blame your employ­er, the gov­ern­ment or the insur­ance com­pa­nies.  It’s on you.

That is the last­ing achieve­ment of Oba­macare, whose sec­ond open enroll­ment peri­od began yes­ter­day. Gone are the days when peo­ple with pre-exist­ing med­ical con­di­tions could not find afford­able cov­er­age.   Whether the ends of this achieve­ment, which are unde­ni­ably good, jus­ti­fy the means its sup­port­ers employed to win its enact­ment remains a mat­ter of con­tro­ver­sy. Con­tin­ue read­ing →

Welfare or Work: A Difficult Choice

The choice between welfare and work is not always an easy one, according to a new study by the Cato Institute.  (Credit: LA Times)

The choice between wel­fare and work is not always an easy one, accord­ing to a new study by the Cato Insti­tute. (Cred­it: LA Times)

(NOTE: This post was updat­ed on Sep­tem­ber 23 to incor­po­rate the gov­ern­men­t’s new­ly-released pover­ty rate data.)

If forced to choose between a full-time job that paid $24.40 per hour and enrolling in a pack­age of gov­ern­ment ben­e­fits that paid a com­pa­ra­ble amount, which would you choose? Con­tin­ue read­ing →

Young people love President Obama. But will they love Obamacare?

Photo Credit Thinkprogress.org

Pho­to Cred­it Thinkprogress.org

Young peo­ple love Pres­i­dent Oba­ma. But will they love Obamacare?

The real test will come this Octo­ber, when mil­lions of unin­sured peo­ple will be required to enroll in health insur­ance through health exchanges run by their state or the fed­er­al gov­ern­ment. Con­tin­ue read­ing →