Free Markets, Free People


Waxman cancels CEO hearing, ObamaCare remains unpopular (update)

I guess after he finally read the health care bill he’d voted for, Rep. Henry Waxman (D-Never Never Land), chair of the House Energy and Commerce committee, decided it wouldn’t be a good idea to grill CEOs whose companies had apparently read it and complied with its provisions:

The cancellation came after they realized what everyone already knew – that the companies were required to do what they did because of accounting rules. Waxman and others had reacted with outrage and accused the companies of doing it – in essence, to make health care reform look bad.

Right.  Companies normally take $1 billion dollar hits against their profits just to “make health care look bad”.   And, of course, it must have been a conspiracy, since so many did it, right Mr. Waxman?

House Minority Leader John Boehner issued a statement which gets to the crux of Waxman’s now cancelled plan:

“Chairman Waxman thought he could intimidate businesses into keeping quiet about this new job-killing health care law, but when they called his bluff by continuing to speak out, he chose to pull the plug.”

Sounds about right.  Meanwhile another poll shows the specific health care legislation recently passed and signed into law, remains deeply unpopular to a majority of Americans:

Fifty-eight percent of Americans (96 percent of Republicans, 10 percent of Democrats and 54 percent of Independents) support repealing the health care reform legislation that was signed into law by President Barack Obama in March, according to a new national survey conducted April 6 – 10 by researchers from Indiana University’s Center for Health Policy and Professionalism Research (CHPPR).

Americans 18 to 34 years of age were most supportive of repealing the legislation with more than 70 percent supporting its repeal.

“This is somewhat surprising given that some of the most vocal opposition to reform in the past came from older Americans while younger individuals seemed less opposed,” said Aaron Carroll, M.D., director of CHPPR.

Despite claims that this sort of opposition would quickly and quietly fade away after passage,  it doesn’t appear that’s the case.  The last demographic quoted in the poll is interesting, because it means that younger people are aware of the impact the legislation will have on them (mandate) and the vast majority don’t support it at all.  These sorts of numbers, and the fact that few of the so-called “benefits” this bill provides don’t start till 2014, make repeal more “doable” than if the benefits had already begun to take hold – a cost of gaming the CBO numbers in an effort to claim this monstrosity decreases the deficit.

GOP – can you say “silver platter?”

UPDATE: Even AP has noticed:

Opposition to President Barack Obama’s health care law jumped after he signed it — a clear indication his victory could become a liability for Democrats in this fall’s elections.

A new Associated Press-GfK poll finds Americans oppose the health care remake 50 percent to 39 percent. Before a divided Congress finally passed the bill and Obama signed it at a jubilant White House ceremony last month, public opinion was about evenly split. Another 10 percent of Americans say they are neutral.

Disapproval for Obama’s handling of health care also increased from 46 percent in early March before he signed the bill, to 52 percent currently — a level not seen since last summer’s angry town hall meetings.