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Old 03-01-2017   #2
corumstation
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Some very basic quacking duck's promises ...

1) Remove all undocumented immigrants

---> Guess this one will be broken since the quacking duck is now open to allow illegal immigrants to live and work in the U.S. Me guess they're not that bad hombres 'cause who else would staff his business janitorial staff!

---> Illegal immigrants dreamers are safe harbor ... no going back for you today!


2) Repeal & replace Obamacare ...

---> A work in progress ... to early to tell, but would keeping some of Obamacare most favored tennets be an actual repeal? Or would one call it a modification of Obamacare.

---> Currently, GOP are pushing ...

-------> Instead of current subsidies, you only would get tax credits. That's right, you pay up front and then hopefully get it back when you file your tax return. These tax credits will not be based upon your current income level, but will be dependent upon your age. Currently, Obamacare’s subsidies, on the other hand, allow eligible participant to buy a plan for less than 10% of their income.

-------> Each individual states would determine what is "essentials coverage" instead of the current mandatory list of covered benefits

-------> All high risks people (the poor, the elderly & the sick) will be place in a state pool where insurers can charge you up to 5 times the "healthy" rate. Multiple states have tried it in the past ... the end result has always been an underfunded pool with not affordable rate!

-------> Medicaid expansion will be cut and reduced and privatized


3) "Drain the establishment"

---> Actually the opposite occur ... with the majority of top level croonies from Goldman Sachs and other investment houses making bed in the quack's administration


4) Grow US GDP at 4%

---> GDP growth is a function of how many workers enter the workforce and how productive they're. GDP growth has nothing to do with our consumption or our export, unless export brings in more productive workers!

---> The quacking duck promise is based upon a repeating of Reagan Trickle Down Economics. But there is a major problem with that ... Reagan tremendously added (186%) to the national debt. The other major problem was Reagan entered office with a 7.5% S3 Unemployment Rate vs. Obama gave him a 4.7% S3 Unemplyment Rate. That's hardly any room to add productive workers for GDP growth!

---> The new Commerce Secretary is actually saying a "3% GDP growth" as a realistic target vs. the 1.5 to 2.5% annual GDP we have had under Obama.

---> So will the GOP abandon its mantra of calling for deficit spending control. Lets see ... how many hypocrites are there in the US!


As always, same quacks, no substances ... lets wait for the fuzzy quacking duck budget proposal!
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