The One O’clock Review of the News

political-newsKey news articles, opinion pieces, and reports to improve our understanding of the political landscape:

“The battle between the states and the feds on ObamaCare started years ago when the monstrous legislation passed however now that President Obama has won a second term with Democrats in charge of the Senate, ObamaCare will become a reality and is the law of the land. But, there’s a catch. States have to set up ObamaCare exchanges for the legislation to be fully workable. Texas Governor Rick Perry made it clear yesterday his state would not be participating.”

“Exactly two years ago this week, the Obama administration announced it had issued more than 100 waivers en masse to a select group of companies, unions and other health insurance providers seeking relief from the onerous federal health care law. The Obamacare waiver winner’s club now totals 2,000. Where are they now? Answer: In the same miserable boat as every other unlucky business struggling with the crushing costs and burdens of the mandate.”

“Conventional wisdom argues that opposition to gay marriage hurt Republicans in the recent election cycle, but nothing in the numbers suggests that this is true. In the four liberal states where advocates for same-sex marriage won their victories, the redefinition of marriage proved much less popular than Barack Obama. In Maryland, for instance, Obama cruised to victory with 62 percent of the vote, but same-sex marriage squeaked by with just 52 percent. In other words, more than one out of six of Obama supporters voted with Republicans, not their fellow Democrats, against same sex marriage. In Maryland, Maine, Washington and Minnesota, opposition to gay marriage averaged more than 48% but Romney averaged only 41%. In other words, traditional marriage is more popular than the GOP itself - providing a way to win over new votes, not to lose them.”

“Convinced that he has a mandate to increase taxes in his second term, President Barack Obama is reportedly planning to ‘barnstorm’ the country in January if House Republicans fail to accept his demands. But before Obama bills taxpayers for his transcontinental victory lap, he would be wise to rethink his opposition to five House-passed regulatory reform measures currently languishing in the Democrat-controlled Senate. Because increases in regulation decrease profit by shifting resources toward compliance rather than growth, new regulations have the same effect as new taxes. If Obama is looking for a way to build credibility on a tax reform deal with House Republicans, he would be wise to persuade his fellow Democrats to pass these House-backed regulatory reforms.”

“42% See Need for Big Cuts in Defense, Entitlements to Reduce Deficit, 31% Don’t.”

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