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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe View From the UK Elite: Obama Can't Give In
Last edited Wed Oct 2, 2013, 11:01 AM - Edit history (1)
From a column in today's Financial Times, by Martin Wolf
America flirts with self-destruction
The first question is the most perplexing. The Republicans are doing all of this in order to impede a modest improvement in the worst healthcare system of any high-income country. The Patient Protection and Affordable Care Act (known as Obamacare) is modelled on one introduced in 2006 in Massachusetts by then governor Mitt Romney. Its apparently criminal aims are to cover 32m uninsured people and ensure coverage of those with pre-existing conditions. True, the programme is complex. But it builds on a defective system. That most working people get insurance through their employers is an obstacle to labour market flexibility since it complicates decisions about leaving a job, particularly for people with chronic medical conditions. It is a form of serfdom.
In a democracy, people overturn laws by winning elections, not by threatening the closure of government or even an outright default. It is impossible to run the government of a serious country under blackmail threats of this kind. Every time the administration gives in, it stores up more difficulty for itself. It has to stop doing so.
Edited to add:
They also published an editorial today on this. So, from the FT's editor:
If the Tea Partys actions have been unprincipled, a short government shutdown is at least unlikely to do much harm. Yet worse is to come. The US Treasury is forbidden by law from borrowing more than $16.7tn, a ceiling it expects to reach in a little over two weeks.
...
Mr Obama should stand firm. Yet if the Tea Party sticks to its guns, the risks are huge. Failure to reach agreement could not only cripple the US government but trigger a technical default on its debts, which would unsettle the global financial system. If brinkmanship in Congress results in market turmoil, the disruption to the international financial order fashioned in the USs image will be severe. The Republicans alarming disregard for their own countrys credibility has to end.
C_U_L8R
(45,003 posts)We don't give in to children when they throw tantrums
and we don't clean up the messes Republicans create.
There is no negotiation or compromise to be made here.
The GOP needs to grow the fuck up and act responsibly
for the good of the nation. Send over a clean CR and
stop with the nefarious games.
procon
(15,805 posts)Man, did that hit home!
My brother always wanted to start his own business, but he had to work at a company he hated for almost 30 years just because they had good union benefits. He could not get private insurance as both he and his wife have preexisting health problems, but now with Obamacare, he can afford insurance.
Now, at age 58, he's finally going open his own company. Since the SCOTUS validated the ACA, he's set up his business infrastructure, secured an SBA loan and is in the process of purchasing equipment, and he's looking forward quitting at the end of the year.
He was able to get on the Calif exchange website yesterday, and said the prices looked affordable.
hootinholler
(26,449 posts)Hopefully the 1% will read this and call off the dogs. (If they still can)
CanonRay
(14,104 posts)and how backward.
Waiting For Everyman
(9,385 posts)That's the principle that matters, right there. The Dems should absolutely hold firm against the Repubs' attempt to destroy due process.