Socialism Exposed – Bernie Sanders, Ted Cruz

The game theory behind repealing Obamacare first

Congressional Republicans are out manoeuvring the Democrats by first repealing the funding for Obamacare. If they tied a successor health insurance scheme to the repeal of Obamacare, as suggested by their opponents, the Senate Democrats could filibuster this to death.

The Senate Republicans can use a reconciliation device to sidestep a filibuster of the defunding of Obamacare and pass the repeal with a simple majority vote. An attempt to repeal the remaining regulatory structure of Obama care would be subject to a filibuster. A filibuster can be overturned only with 60 votes.

By adopting a sequential approach to the repeal of Obamacare, the Senate Democrats are cornered. They can hardly filibuster attempts to replace a defunded Obamacare with more federal assistance to those on low incomes and with pre-existing conditions.

Distribution of the male American, British and German number of working hours

Few men work part-time. Many that do are teenagers. Two-thirds of male workers in America, Britain and Germany work at least 40 hours a week and another quarter worked 35 to 40 hours a week except in the USA. A surprising number of Americans, 11%, worked 20 to 29 hours. If they work that 30th hour, the employer must provide them with health insurance under Obamacare.

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Source: OECD Family Database.

Who does not have health insurance in the USA?

I thought America’s poor never had health insurance cover!? I’ve watched too much American TV?

https://youtu.be/rg6dLAoRGRk

The share market speaks – Supreme Court’s Obamacare Decision Already Worth $3 Billion For Insurers

via The Supreme Court’s Obamacare Decision Is Already Worth $3 Billion For Insurers | FiveThirtyEight.

The role of new taxes in the Great Recession

 .

How Obamacare affected employment

Americans are making a big mistake about health care funding – Vox

Almost everyone who has health insurance in the United States gets help from the government to afford it.

For the elderly, that’s Medicare. For the disabled and the poor, that’s Medicaid. For full-time workers it’s the tax subsidy for employer-provided health insurance.

via Americans are making a big mistake about health care – Vox.

Yes, Some Companies Are Cutting Hours In Response To ‘Obamacare’

…the evidence suggests that the health law has likely led a few hundred thousand workers to see their hours cut or capped. That’s small in the context of an economy with 150 million workers.

But it isn’t a minor issue for those workers. Most of them are among the economy’s most vulnerable: low-wage, part-time workers who likely have few other options.

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The Affordable Care Act and the Labor Market

Obamacare is a bad productivity shock

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Jon Stewart demolishes Gruber and the Democrats on Obamacare

The Jonathan Gruber revelations, Obamacare and the honesty of politics

Obamacare and the incentive to work

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