"It is easy to confuse what is with what ought to be, especially when what is has worked out in your favor."
- Tyrion Lannister

"Lannister. Baratheon. Stark. Tyrell. They're all just spokes on a wheel. This one's on top, then that's ones on top and on and on it spins, crushing those on the ground. I'm not going to stop the wheel. I'm going to break the wheel."

- Daenerys Targaryen

"The Lord of Light wants his enemies burned. The Drowned God wants them drowned. Why are all the gods such vicious cunts? Where's the God of Tits and Wine?"

- Tyrion Lannister

"The common people pray for rain, healthy children, and a summer that never ends. It is no matter to them if the high lords play their game of thrones, so long as they are left in peace. They never are."

- Jorah Mormont

"These bad people are what I'm good at. Out talking them. Out thinking them."

- Tyrion Lannister

"What happened? I think fundamentals were trumped by mechanics and, to a lesser extent, by demographics."

- Michael Barone

"If you want to know what God thinks of money, just look at the people he gave it to."
- Dorothy Parker

Wednesday, October 02, 2013

"I think fundamentals were trumped by mechanics and, to a lesser extent, by demographics."

Daddy, Why Do They Hate Obamacare? by Jared Bernstein
Are you reading Ed Porter’s Economic Scene columns over at the NYT? Because you should be—they’re consistently well-crafted, muscular, reality-based, topical arguments on econ current events.

In today’s
column, Porter takes a closer look at a point that you frequently hear these days: why does the extreme right hate Obamacare so much? As I noted the other day, I’ve lately run into people asking me that same question, including my 14 year-old (imagine being a kid trying to make sense of the grown-ups’ world right now…ugh).

A common, and correct, answer to this is that the law expands the scope of government, and once it’s in effect, its beneficiaries will like the security it provides them and their families, making it harder to destroy. Porter adds another important angle to this analysis, by considering more closely who the law will help most and why that matters.

That is, while the Medicaid expansions (in the states that accepted them) clearly target the poor, the subsidies that will make coverage more affordable for those without insurance through their jobs target the broad middle class. And that’s a group that a) has seen persistently negative wage and income trends, b) is the target of few social benefits (e.g., they’re ineligible for Medicaid), and c) is a critical voting bloc.

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