Thread: Elections 538
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Old 11-02-2012, 10:06 AM   #804
patteeu patteeu is offline
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Quote:
Originally Posted by HMc View Post
Bold 1:fair criticism.

Bold 2: how would you like to have seen him do that?
I'd start with revenue-neutral tax reform reducing marginal tax rates while eliminating deductions, particularly on corporations and small business. Put an emphasis on reform that creates an attractive business climate rather than on the left's idea of fairness, ie social redistribution (this refers to a famous Obama statement about raising capital gains taxes even if it means lower revenue based on his conception of fairness). That would have been a better project to spend a year on than Obamacare.

Quote:
Originally Posted by HMc View Post
Did you think healthcare needed a reform of some kind, just not his? Or not at all?
Yes, it definitely needs to be reformed (and still does). There were two big problems in US healthcare. The biggest problem is the faster-than-inflation growth of health care costs. The other one was that several million Americans were not covered by health care insurance (mostly by choice) and when they encountered serious health issues they tended to require expensive care that was cost-shifted to insured people. Obamacare took on the latter issue but left the more difficult problem of rising costs for another day. I think costs should have been addressed first because those are also driving our future fiscal problems due to the impact on our medicare and medicaid entitlements.

I don't like everything about the way Obama's reforms work, but my big objections are really that they avoided the biggest reform issue and they distracted our government for an entire year from the immediate problem of our economy.

Quote:
Originally Posted by HMc View Post
I'm slightly skeptical about the influence he could have had over the economy. Hasn't the GOP had a majority in congress for at least some of that time?
The democrats had control of both branches of Congress through the first two years of Obama's term when both the Stimulus and Obamacare were passed. They even had a filibuster-proof majority (something that Republicans have never had) for a good part of the first year.
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