The O-conomy, from Jim Geraghty, National Review [1]:
Since January 2009, American businesses have faced at least three big potential risks to their bottom line besides the lingering effects of the 2008 crash: A) the possibility of tax hikes B) the possibility of greater costs for health care to employees imposed by government and C) the possibility of much higher costs for energy use triggered by cap-and-trade legislation or some sort of tax aimed at reducing carbon emissions. A GOP-held House can obviously block most legislative efforts in this area, but as long as Obama is president, the threat of these policies being enacted, or similarly deleterious ones through the regulatory process, is nonzero.
While President Fifty-Seven states is not known for or even capable of deep thinking, Dumbo, b/k/a Barack Obama, is man of passionate beliefs. Dumbo believes in Cap and Tax, Dumbo Care and yet higher taxes. So as long as Dumbo remains in position to enact his agenda, the economy is going no where but down.
What no health care:
LOS ANGELES (MarketWatch [2]) — Once provisions of the Affordable Care Act start to kick in during 2014, at least three of every 10 employers will probably stop offering health coverage, a survey released Monday shows.
While only 7% of employees will be forced to switch to subsidized-exchange programs, at least 30% of companies say they will “definitely or probably” stop offering employer-sponsored coverage, according to the study published in McKinsey Quarterly.
Maybe Dumbo just does not care, from Sam Youngman, Hill [3]:
At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.
Former White House press secretary Robert Gibbs announced at his own first daily briefing reporters that Obama asked for the daily economic briefing, described then as comparable to the daily intelligence briefing the president gets every morning.
“The president asked that this be added every day to his schedule,” Gibbs said at the time. Gibbs added that Obama believed it is “important that each day he receive the most up to date information as it relates to the economy.”
It does seem the only job about which Dumbo is concerned is his.
Sex change stupidity:
DILLWYN, Va. (AP [4]) – Crouched in her cell, Ophelia De’lonta hoped three green disposable razors from the prison commissary would give her what the Virginia Department of Corrections will not – a sex change.
It had been several years since she had felt the urges, but she had been fighting them for weeks. But like numerous other times, she failed to get rid of what she calls “that thing” between her legs, the last evidence she was born a male.
If Mr. De’lonta was born a male, he will die a male, with or without his package. Sex is immutable.