In its long history, economics has entertained many schools of thought. They include Mercantilism, bimetallism, Marxism, Keynesian economics, socialism, communism, monetarism, rational expectations and neoclassical economics. None was perfect and each was superseded by some different perspective.
During the election campaign, Donald Trump promised to abolish Obamacare and replace it with better health reform that would not leave anyone behind.
The proposed House Republican tax reform plan would dramatically change corporate and personal income taxation.
President Barack Obama says he’d be happy to get rid of Obamacare — if Republicans can replace it with something better. Addressing his comments to Republicans, Obama said, “If you can in fact put a plan together that is demonstrably better than what Obamacare is doing, I will publicly support repealing Obamacare and replacing it with your plan.”
When it comes to Obamacare, Republicans in Congress don’t have a big problem with Democrats. They have a problem with other Republicans.
Do you think it is a bit strange that after 7 years, Republicans in Congress still don’t have a replacement plan for Obamacare? Or that they now tell us that developing one will take 3 or 4 more years.
Republicans have been predicting (sometimes even gleefully) that Obamacare will end in a death spiral. As it turns out, the election of Donald Trump makes that unhappy ending more likely.
There are two things you need to know about Congressman Tom Price’s views on health policy: he believes in universal coverage and he believes in tax credits.
Virtually every Republican member of Congress who has been interviewed on TV has assured the national viewing audience that a top priority come January will be to repeal Obamacare.
If you are wondering why the Obamacare exchanges are in so much trouble, a whole slew of “experts” think they have the answer. From President Obama to health insurance industry CEOs to the editors of The New York Times to health policy gurus everywhere – the verdict is almost unanimous.