As the GOP's healthcare reform bill was pulled on Friday, the major stock indices rebounded in a fit of confusion, helped by the collapse in market liquidity to the lowest levels of 2017...
However, as NorthmanTrader's Sven Henrich writes, nothing has been solved (or even addressed). Our country, whether people are willing to admit it or not, has deep structural problems that require deep thinking and broad support to solve them.
According to official statistics, the number of human trafficking victims identified in the UK has surged by nearly 80 percent in just a year. The latest data from the National Crime Agency (NCA) goes back [...]
When one strips away the partisan rhetoric and posturing, the practical impact of Friday's GOP failure to repeal Obamacare has a specific monetary impact: approximately $1 trillion.
Following President Trump's clarifying tweet yesterday that "Obamacare will explode" on its own...
ObamaCare will explode and we will all get together and piece together a great healthcare plan for THE PEOPLE. Do not worry!
— Donald J. Trump (@realDonaldTrump) March 25, 2017
It is becoming increasingly clear that, even without the 'repeal', the Trump administration has already begun using its regulatory authority to water down less prominent aspects of Obamacare.
Via Global Macro Monitor,
OK, comrades, let’s check our partisanship at the door and deal with some real analysis on the health care bill that just went down in flames. Here are a few of our thoughts on why the Trump/Ryan healthcare bill to repeal and replace Obamacare went down and some economics behind it...
1) Most important, the bill had no support throughout the country. The latest poll released Thursday afternoon showed that only 17 percent of the country supported the plan.