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Obamacare turns two, costs still rising as point of no return nears
It has been two years since Obamacare has signed into law, and the costs keep climbing. Through 2022, taxpayers are on the hook for gross costs of $1.75 trillion, a 10-year figure that will only continue to rise as we near the law’s full implementation years. It has already resulted in more than 2,000 pages […]
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It has been two years since Obamacare has signed into law, and the costs keep climbing. Through 2022, taxpayers are on the hook for gross costs of $1.75 trillion, a 10-year figure that will only continue to rise as we near the law’s full implementation years. It has already resulted in more than 2,000 pages of new regulations — more than 2.13 million words — five times longer than the statute itself.
In 2014, the individual mandate — barring a Supreme Court ruling this summer — is still set to go into effect. That is the point of no return. As millions of Americans change their professions, they will lose their current health-care plans, and because of the mandate, be forced into government-run, taxpayer-subsidized insurance exchanges. As a result, they will be driven off privately run plans into a labyrinthine bureaucracy of red tape and rationing.
Irrevocably, this law will interfere with life-and-death decisions best left to doctors and patients, and as the government runs out of money, will reduce benefits and increase costs. The American people were better off with a system with real choices that they fund themselves, instead of this government-run nightmare.
Bill Wilson is president of Americans for Limited Government (ALG), which describes itself as a non-partisan, nationwide network committed to advancing free-market reforms, private property rights, and core American liberties. This editorial is drawn from a news release ALG issued March 19.
America Trusts Small Business as Key to Economic Recovery
The solution to America’s biggest challenge is small. Small business, that is. Most Americans know and understand that the only way to put the nation’s economy back on its feet is to put people back to work. However, that simple message has become muddled in the pandemonium that has engulfed candidates of both parties in
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The solution to America’s biggest challenge is small. Small business, that is.
Most Americans know and understand that the only way to put the nation’s economy back on its feet is to put people back to work. However, that simple message has become muddled in the pandemonium that has engulfed candidates of both parties in their race for the White House.
And, most Americans know and understand that the only way to put people back to work is to trust small-business owners to do what they do best: create jobs. Those who own and operate Main Street’s small firms can only create jobs if the federal government learns to trust small business as most citizens do and stop putting obstacles in the way.
It all comes down to trust. That’s where small-business owners stand tall in the minds and hearts of people across this country. “Americans put the most trust in the ideas and opinions of small-business owners and local business leaders on how best to create jobs,” the Gallup polling organization reported recently.
By a wide margin — 79 percent — those who responded to pollsters put small-business owners at the top of their list of leaders whose ideas and opinions they trust to create jobs in the United States. Far down the list at 45 percent were executives of major corporations and below them ranked members of Congress.
Gallup noted that the high level of trust placed in small business is not anything new. When researchers studied Americans’ confidence in national institutions, they found greater reliance in small business than any institution other than the armed forces.
Far on the other side of the scale was big business, which earns only low levels of confidence. Even a decade ago, a Gallup poll conducted for American Express determined that CEOs of large corporations were trusted by less than one-fourth of those asked, while people who run small businesses held a 75 percent level of trust.
Yet on the campaign trail, the candidates are allowing themselves to be whipsawed by special-interest groups pushing agendas that have nothing to do with restoring the economy. That’s not to say that many of those issues aren’t important, but none even come close to the urgent challenges of steering the economy away from another recession.
Most Americans know and understand that. A February CBS/New York Times poll revealed that 66 percent responding felt that economic issues were far more important than social issues — 22 percent — in making their decisions about which candidate to support.
The solution to America’s biggest challenge is obvious. Those running for president would be well advised to put some of the non-urgent issues on the back burner and instill confidence in voters by assuring them that if elected, they’ll get right to work clearing the government obstacles and helping small business do what it does best — create jobs.
And, how can the next president of the United States do that? By listening to the people most Americans trust — small-business owners. They’re eager and ready to suggest real solutions. Trust them.
Dan Danner is president and CEO of the NFIB, which represents 350,000 small-business owners in Washington, D.C. and every state capital.
State tax collections higher than estimated
New York tax collections through February were higher than estimates in the state’s updated 2011-2012 Financial Plan, according to a report New York Comptroller Thomas
Weitsman’s $5M project will boost production, jobs at Binghamton scrap yard
BINGHAMTON — A $5 million renovation and upgrade project at Ben Weitsman of Binghamton will create several new jobs as it boosts production at the
Expo highlights jobs in natural-gas industry
BINGHAMTON — With jobs already available in Pennsylvania and possibly soon-to-be available here in New York, the inaugural Broome County Natural Gas Career and Education
New iSchool certificate aims at ‘big data’
SYRACUSE — Syracuse University’s School of Information Studies (iSchool) is introducing a new graduate certificate of advanced studies in data science. The program is the
Insurance groups drop fight against regulation
The Independent Insurance Agents and Brokers of New York, Inc. (IIABNY) and the Council of Insurance Brokers of Greater New York (CIBGNY) have decided not
Medical costs for Upstate adults with asthma total $793M per year
Upstate New York adults with asthma shoulder annual incremental direct medical costs totaling $793 million, according to a new report from Rochester–based Excellus BlueCross BlueShield,
M&T survey finds optimism on economy
Upticks in employment growth and output in late 2011 make the ongoing economic recovery appear more sustainable, according to M&T Bank’s new Economic Outlook Survey.
Semi-finalists named in $200K business competition
SYRACUSE — The 10 semi-finalists for this year’s Creative Core Emerging Business Competition include startups working on everything from biorefinery technology to biometrics. The Central
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