#Obamacare Chronicles: Ohio Medicaid expansion costs $3 billion in first 15 months

April 30, 2015
Kasich 2016?

Kasich 2016?

Well, this should be a big help to Governor Kasich’s potential presidential campaign. Nothing like a budget-busting entitlement to advertise one’s bona fides as a fiscal conservative:

Americans’ tax burden is already $3 billion heavier because of Ohio Gov. John Kasich’s expansion of Medicaid under Obamacare.

By putting more able-bodied, working-age childless adults on Medicaid than Kasich projected, Obamacare expansion is reducing incentives to work and threatening traditional Medicaid recipients’ access to care faster and at greater cost than anticipated.

After Kasich expanded Medicaid unilaterally, a state panel approved $2.56 billion in Obamacare spending for the expansion’s first 18 months. The money was meant to last until July, but it ran out in February.

Kasich’s Obamacare expansion cost $323 million in March — 84 percent greater than estimates revised just six months earlier.

Using monthly figures released by the Ohio Department of Medicaid, the Republican governor’s Obamacare expansion cost slightly more than $3 billion from January 2014 through March 2015.

Kasich’s Obamacare expansion is on track to cost more than $4 billion by the end of June.

With federal taxpayers on the hook for all benefit costs and Ohio facing a growing state share in 2017, Obamacare expansion may soon consume 10 percent of Ohio’s budget.

Governor Kasich rammed through the Medicaid expansion after the legislature declined to do so. In other words, placing his will above that of the people’s elected representatives. And what has his superior judgment brought the people? Costs far higher than expected. Right now, they’re spread across the backs of taxpayers in all 50 states. (Gee, thanks, Governor.) In a few years, however, the federal subsidies decrease and an increasing portion will be born solely by the taxpayers of each state. As the article points out, that could amount to 10 percent of Ohio’s budget, just for Medicaid. (And if the history of government entitlements is any indication, that figure is low.)

Massive cost overruns and a huge open-ended burden on state finances. Heck of a calling card for a spot on the Republican ticket, John.

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#RaiseTheWage – Seattle pizzeria to close thanks to economic ignorance

April 29, 2015
"But at least we won the election! Obama!!"

“But at least they raised the wage!!”

To paraphrase Mark 8:36, “For what good does it do a city to raise the wages of it workers, yet forfeit the jobs?” In Seattle, San Francisco’s northern soul-mate, they may well be asking that very question:

It may be one of the first casualties of Seattle’s new minimum wage law. The owner of Z Pizza says she’s being forced to close her doors, because she can’t afford the higher labor costs.

Devin Jeran was happy to get a raise, when Seattle’s minimum wage went up to $11 an hour at the beginning of the month.

“I definitely recognize that having more money is important,” he says, “especially in a city as expensive as this one.”

Unfortunately, he’ll only enjoy that bigger paycheck for a few more months. In August, his boss is shutting down Z Pizza and putting him and his 11 co-workers out of work.

“Fortunately she keeps us in the loop, she didn’t just tell us last minute.”

Ritu Shah Burnham doesn’t want to go out of business, but says she can’t afford the city’s mandated wage hikes.

“I’ve let one person go since April 1, I’ve cut hours since April 1, I’ve taken them myself because I don’t pay myself,” she says. “I’ve also raised my prices a little bit, there’s no other way to do it.”

Like I’ve said many times before: the laws of economics cannot be repealed by legislative fiat. Raise the cost of labor, and businesses will be faced with a choice from among four options — pass the costs on to the consumer; reduce labor costs by cutting hours or whole jobs; eat the costs and accept lower profits; or cease doing business in that jurisdiction, either by moving or closing shop. Ritu Shah Burnham may have loved her business, or she may have hated it. But, regardless, she’s come to the conclusion it isn’t worth staying in business in Seattle. She isn’t the first, and other small businesses in other progressive cities have made the same choice.

And their workers have wound up looking for work.

What’s especially galling about this, aside from the hubris of thinking one can bend economic laws to one’s will, like a financial Lysenko, is that the progressive, social justice warrior-pols passing these laws don’t have to live with the immediate consequences: it’s not their profits that get hurt, not their business that becomes unsustainable, not their job that’s lost. They’re not the kid looking for his or her first job, only to learn the employer has cut back on hiring because he can’t afford as many employees as he used to. But these politicians do it while appealing to the god “Fairness,” assuming that it will all work out in the end with a wave of the hand, or that it will be the next guy’s problem. Whatever. They still get to hug themselves for being such wonderful people.

Their self-righteous arrogance is astounding and infuriating. It’s genuinely harming people


#Obamacare Chronicles: two-thirds of subsidy recipients had to repay the government

April 28, 2015
"Obamacare has arrived"

“Obamacare has arrived”

This should make some people mad:

Nearly two in three Americans who bought subsidized health insurance on the Obamacare exchanges this year had to pay some of the federal dollars back, according to new data from H&R Block.

That’s because they presumably collected more federal aid than their income qualified them for. In that case, consumers must either pay some of it back or — in most cases — the IRS will subtract it from their tax refund.

Policymakers have expressed concern that low-income people could struggle with paying back the subsidies — or suffer if their tax refunds are greatly reduced because of overpayments.

The average amount consumers owed back to the government was $729, cutting their potential tax refunds by almost one-third, said the tax preparation company.

The article also mentions that 25% of Obamacare subsidy receivers received larger refunds because their income was less than expected. Good for them.

BUT… It’s the angry people who will remember this: they were forced to give up policies and medical providers they liked and that met their needs for more expensive policies and more restricted networks that didn’t meet the needs they had and met “needs” they didn’t have. (1) Then they were forced to pay even more, giving back some of the tax refund (2) they thought they were getting, maybe even had already spent. And this will happen again in 2016, an election year.

Angry people have long memories.

Footnote:
(1) Like maternity coverage for elderly couples. Really.
(2) I know you have trouble with the concept, progressives, but the money belongs to the one who earned it. The government just takes it. And so a refund is just giving a person back his own money — without interest.


That’s gotta hurt: Clinton Foundation put on charity “watch list”

April 27, 2015
Above the rules.

Watched.

And in the same category as Al Sharpton’s “charity.” OUCH!

The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month, the New York Post reports. Charity Navigator, which rates nonprofits, refused to rate the Clinton Foundation because its “atypical business model . . . doesn’t meet our criteria.” Instead, it placed the Foundation on its “watch list,” which warns potential donors about investing in problematic charities.

The Clinton Foundation joins Al Sharpton’s troubled National Action Network on Charity Navigator’s list. It seems appropriate that two great con artists, Bill Clinton and Al Sharpton, should be thus be joined.

I wonder if this will affect donations to the Clinton Foundation? Nah. That would assume the donors were giving for charitable reasons, and not out of other… expectations.

I can almost hear the shrieks of offended self-entitlement coming from Chappaqua. They sound sweet. smiley thumbs up


(Video) Don’t judge Blacks differently

April 27, 2015

From Prager University, this was made in the wake of the Ferguson riots, but has sharpened relevance after the latest disturbances in Baltimore. Of particular note is Ms. Valdary’s argument that those who hold Blacks to a lower standard are themselves engaging in bigotry(1), no matter how well-meaning they are. Also infuriating is her classmate’s insistence (and the instructor’s agreement) that facts —objective truth— don’t matter; only the narrative. Down that road lies fascism.

Footnote:
(1) She uses the word “racism,” but I prefer to avoid it, since “race” is a biologically meaningless concept that has its roots in 19th-century pseudoscience. In my opinion, it obfuscates more than it enlightens.


Putin’s Balkan Offensive

April 27, 2015

Bismarck once said that “Some damn foolish thing in the Balkans” would set off the next general war, and now we see Vladimir “Let me vivisect your country” Putin taking an interest in a part of the Balkans the West left in sorry shape 20 years ago. Worth reading.

The XX Committee

On the weekend, the leader of Bosnia’s Serb Republic threatened secession if he did not get reforms, proposing to hold a referendum on leaving the country if his demands are not met by the end of 2017. Milorad Dodik, who has ruled over the Bosnian Serbs, on and off, for most of the twenty years since the United States forced a peace settlement to end Bosnia’s 1992-1995 war, has toyed with secession before, but his weekend announcement represents the most direct threat ever to the country’s postwar political system.

In fairness to Dodik and the Bosnian Serbs, almost nobody in Bosnia is happy with the current system, which when it was hashed out in Dayton, Ohio in the autumn of 1995, under Clinton administration pressure, was never intended to be more than a temporary political solution to Bosnia’s political conflicts, yet here we are two decades later, and that short-term…

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Inquiry Launched Into Global Temperature Data Integrity

April 26, 2015

Long overdue. The state of surface temperature data, on which so much of the climate alarmist claims lie, is nothing short of scandalous. Fingers crossed the commission takes a hard, unbiased look.

Watts Up With That?

The International Temperature Data Review Project

London, 26 April 2015 – The London-based think-tank the Global Warming Policy Foundation is today launching a major inquiry into the integrity of the official global surface temperature records.
An international team of eminent climatologists, physicists and statisticians has been assembled under the chairmanship of Professor Terence Kealey, the former vice-chancellor of the University of Buckingham. Questions have been raised about the reliability of the surface temperature data and the extent to which apparent warming trends may be artefacts of adjustments made after the data are collected. The inquiry will review the technical challenges in accurately measuring surface temperature, and will assess the extent of adjustments to the data, their integrity and whether they tend to increase or decrease the warming trend.
Launching the inquiry, Professor Kealey said:

“Many people have found the extent of adjustments to the data surprising. While we believe that…

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