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Sunday, March 19, 2017

The repeal is coming, and it will be beautiful

Amid all the cries of Obamacare Lite, the truth is we are well on our way toward the repeal and replacement of Obamacare with a very solid plan that will get the economy moving.

This is sausage making but the pork, red wine vinegar, salt, black pepper, parsley, garlic powder, onion powder, basil, paprika, red pepper flakes, fennel seed, brown sugar, oregano, and thyme are all there for a good law.

Don't trust me.

Trust Grover Norquist:
The Congressional Budget Office released its study of Trump and Paul Ryan's plan to repeal Obamacare and begin to reform our health-care system. It had many numbers. Only two mattered: taxes and spending.
CBO announced that the repeal bill reduces taxes by almost $900 billion and reduces federal spending by $1.2 trillion over the next decade. This reduces deficit spending by $300 billion over the next 10 years.
Thus the CBO, as official umpire, announced that the GOP Obamacare repeal plan may be enacted through "reconciliation," the process that requires a simple majority in the House and only 51 votes in the Senate. No filibuster allowed.
Actually 50 votes are needed with Vice President Mike Pence breaking the tie, but I am not going to quibble over parliamentary rules.

House Speaker Paul Ryan's task is to get something over to the Senate, where the bill will be re-written into a language I call "legislation."

Just as the Senate wrote Obamacare, so the body shall write it out of existence.

The bill will not be perfect. The federal role in the medical industry has expanded.

But if Speaker Ryan gets his way, Medicaid spending will be reined in. Likely just a little, but enough to get us moving in that direction, which is what we will need to do if we are every to rein in medical prices.

And prices are what concerns us, not costs. When you by a car, you could not (or should not) give a flying fig what it cost the company to make the automobile. You haggle over price.

When a third party pays, the consumer loses all incentive to haggle. Hence the medical business loves health insurance (especially Medicaid) because the customer (or patient) cares only how quickly he will be treated, not how much it will cost.

Norquist understands the real significance of repealing and replacing Obamacare is how it affects the economy.

Formally known as the Patient Protection and Affordable Care Act of 2010, it did neither. Not only are your insurance premiums and deductibles up, but your patient information is now on a computer being read by the Russians, the Chinese, the Islamic State, and the Democratic Party.

Obamacare almost wrecked small business. Big business could not care less. While the U.S. Chamber of Commerce gave a token protest, the National Federation of Independent Businesses sued to stop Obamacare -- and lost.

They will reap most from the repeal and replacement, and as small business is the bedrock of our economy, so shall we.

From Norquist:
The CBO score makes the passage of Obamacare repeal possible and likely. Obamacare repeal makes it easier to pass the tax cut/reform.
Lower tax rates, full expensing, and trillions in lower taxes will drive economic growth to Reagan-era rates. Such growth wins elections.
He is right. The repeal of Obamacare sets the table for tax reform. The schedule is roughly Obamacare gone by the end of July, and tax reform in place by October 1st.

Collect 4% annual growth from thereafter, because besides fixing those two things, President Trump is dismantling the regulatory gallows that the Marxist state erected to keep business in line.

And the repeal of regulations is where the real reform is. Businesses are not as concerned about taxes or health insurance as they are about those regulations that can shut them down in an instant.

The Never Trump experts told me Trump was not a small government conservative because he wasn't talking the talk Ted Cruz or Rand Paul did. Nice guys. Good politicians.

But who is doing it? Who is getting the work done?

That's the work that is getting done by executive order and the Congressional Review Act. Trump does this novel thing: he brings in CEOs and asks them what regulations specifically hamper them and how. Then he uses that information to repeal regulations.

Between the repeal of Obamacare, tax reform, and regulatory relief, President Trump can end his first year in office having done more on the domestic front than anyone since Reagan -- and Reagan needed eight years.

The key to repealing Obamacare is ending the individual and employer mandates. Those two things fix the NFIB's very real problem with Obamacare.

I would repeal the whole thing, plow and salt its earth, and then hire Russian hookers to piss on it, but that ain't gonna happen. The final product will have things in it that annoy me.

But whom am I that I am so important that I must be 100% satisfied or else the bill must die?

There will be compromise. As long as you get the big thing -- ending the mandates -- the rest is acceptable.

So let the other bloggers bitch about it. I let the other bloggers criticize Trump. Criticism is cheap. Here I try to paint the big picture. I don't paint lines in sand.

Speaker Ryan will pay the penalty for the flaws in the bill. President Trump will get the credit when he signs it into law.

Barack Obama's legacy will end as eight years of failure. He was the Seinfeld President, who cracked wit but in the end left no lasting domestic policy except trillions in debt, and a crippled economy propped up by the Fed printing $4 trillion more on his watch.

But that's what happens when you elect a president who wants to be a celebrity.

We elected a celebrity who wants to be president.

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  1. Well said, Mr. Surber! Well said.

  2. I'm for it as long as Congresscritters are required to enroll in it. - Elric

  3. Spot on again--"The key to repealing Obamacare is ending the individual and employer mandates. Those two things fix the NFIB's very real problem with Obamacare."

    There are so many vested interested and so many narratives I'll give up a big golf clap if anything gets into that sausage.

    And, don't buy one of the best narratives out there. My Gen X boy in Austin, who tends to quit jobs because he gets bored in about 2 days, had to search for insurance again last week. He texted his mother that he was only communicating via text until further notices because his phone was ringing off the hook. Those ambulance chasers are working full speed on shared cold call lists, even though they are going broke and pulling out, so we are told.

  4. Excellent. I nearly pissed myself over the Russian hooker line.

    Do it the way libs do it. Incrementally. Perfection is the enemy of good (or excellent).

  5. "But whom am I that I am so important that I must be 100% satisfied or else the bill must die?"

    You get what a lot of people don't.

    You never get everything you want out of DC. You get the big stuff and some little goodies, you're doing OK.

  6. Trump mayn't talk the talk, but he does drive the bulldozer.

  7. A Caterpillar D-10

    Oh wait, that's what his sons drive

  8. Actually, Norquist is right, because VP Pence's vote would indeed be 51 votes in the Senate.