Rescue: The Major and the Minor

The $1.9 trillion American Rescue Plan is a little bit like the saga of Biden's rescue dog. It seems that Major inflicted a "minor" injury on a White House lackey this week. Now, depending upon your point of view, both the bite and the bill are either boldly aggressive attacks portending future behavior,  or they're nothing but ineffectual nibbles that don't even leave a mark.

Whatever the case may be, I think it's safe to assume that Joe "nothing would fundamentally change" Biden would never tolerate any broken skin in the game on his watch.

Meanwhile, "landmark" and "sweeping" are only two of the gushing, go-to words the corporate media are using to hype the legislation expected to passed handily in the lower House and landing on Biden's desk for a triumphant televised signing ceremony. Gone are all the terrible memories of Donald Trump's own stingy approval of a mere $1,800 in direct cash aid to the majority of Americans last year. Because just as the fairytale princess once spun straw into gold, the Biden administration has magically transformed those promised $2,000 checks into $1,400 checks right before our very gullible eyes. It's a page right out of the playbook of that sly old yarn-spinner himself, Bill Clinton. It was he who set the centrist stage for all manner of austerian bait and switch gimmicks when he folksily and patiently explained, over and over again, why people simply cannot have nice things. "It's arithmetic!"

Therefore, the title of the latest episode: "$1,400 Is the New $2,000."

In this best of all possible Panglossian worlds, the American Rescue Plan will cut child poverty almost in half! Therefore, if you're a very lucky kid, you will not be among those left drowned at the bottom of the half-full glass.

But the private insurance predators? They not only will float buoyantly to the top, they'll be riding a wave. The plan vastly increases their government subsidies to a veritable tsunami of sensible, arithmetic-based windfall profit. Rather than enact even temporary single payer universal health coverage during this terrible pandemic, our leaders have instead rationally decided to fork over billions of dollars to surfer sharks in suits, so they may go about their normal business of denying our claims while collecting their co-pays, premiums and deductibles for services rendered within very strictly proscribed networks in the health care marketplace. 

So, if you're like the uninsured 64-year-old man who tested positive for Covid antibodies but negative on the molecular test, you are now personally on the hook for a $22,368 hospital bill and deemed ineligible for government reimbursement. And even if you're a Covid patient who passed all the tests but whose primary pre-existing condition was exacerbated by the virus, then you're out of luck too.

Gig workers, among other precarious people suffering through the economic effects of the pandemic, may or may not be helped by the American Rescue Plan, which will allow them to retain "skin in the game" by either shopping around for cheaper Obamacare product or getting a nice discount on their pricey employment-based Cobra plans. The New York Times reports that musicians and actors have lost their insurance coverage in droves over the past year, not only because they were out of work, but because predatory insurance companies raised their rates even as they reaped in record profits - courtesy of government subsidies which continued flowing in to their coffers unabated. Insurance companies justify raising the rates to "health care consumers" by pointing to the high costs of the pandemic to their investors.

The Rescue Plan will also bail out 185 multi-employer pension plans, thus saving the retirements of about a million people. It will not, however, extract this money from the private equity vultures who actually looted these pension plans in the first place.

In more rescue largesse in this best of all possible neoliberal worlds, student borrowers who have a portion of their debt forgiven will no longer be on the hook to the IRS for the phantom income derived from their erased debt. In other words, the tax man won't come after you for the wealth you derive from your negative bank account. It's the arithmetic, stupid!

But act now, because many if not most of the rescue plans contained in the Biden offer are set to expire in 2025, if not sooner.  This artificial and rather cynical cut-off date gives Democrats the ability to fund-raise like mad during the election year of 2024 as they "fight for" you with every pragmatic fiber of their beings.

Better to die slowly, in increments, than be thrown right to the dogs by those nasty old Republicans.

Unless, of course, the dog is Major Biden, who is just the latest actor in the Twitterverse culture wars so carefully manufactured to distract us from all our petty cares and worries.

Bite Me

Let the Spin Begin

Just a few thoughts on the just-concluded Supreme Court hearings on Obamacare. I am no legal expert, so let the lawyers nitpick the merits of the arguments or lack thereof. What I find fascinating -- and frankly disgusting -- is the lackadaisical reaction from Democrats to the possibly imminent demise of their landmark bill. 

Instead of lamenting the fate of the tens of millions of Americans who will be forced to do without even half-assed medical care if five black-robed right wing political hacks strike down the law, the Democrats see defeat as actually being good for them politically. Should the Court rule against the mandate requiring everyone to purchase private health coverage, they have no Plan B waiting in the wings. There will be no attempt to "fix" the law, no stampede to introduce a Medicare for All bill. Why should there be? The fate of Obamacare will not affect the presidential election at all.

Tribalism will trump policy and the outcome of the Rombama contest will hinge on which candidate raises the most cash from the oligarchy. If you're already an Obama supporter, you're going to vote for him no matter what. You are not going to blame him and his fellow corporatists for not pushing for a public option when they had the chance and making the pay-for a tax instead of a controversial mandate. You are going to gleefully blame the nasty Supremes if Obamacare goes down in flames. You are going to point out that this was originally Romneycare, the product of a Republican think tank -- and  the doofuses from "the other side" voted against their own plan! The GOP will be destroying our gigantic giveway to the insurances leeches and Big Pharma.  Not our fault! Maybe the health care industry will donate the big bucks to our side now.

Democratic strategist James Carville thinks that millions of people being deprived of medical care would be absolutely dandy:

 “I honestly believe this — this is not spin,” Carville said. “I think that this will be the best thing to ever happen to the Democratic Party because health care costs will escalate unbelievably. It’s 2012. Twenty out of 100 people are over 65. By 2020 it will be 26. And you know what the Democrats are going to say and it’s completely justified, ‘We tried. We did something and go see a 5-4 Supreme Court majority.”

(Translation: We were perceived to be caught trying, although our hearts have never really been in it.  Oh well. If millions of people have to sicken and die just to make us look good, so be it.)

Jeff Zeleny of the New York Times theorizes Obama will run against the Supreme Court in the good old progressive spirit of FDR, and fight against Congress as a Give Em Hell Harry copycat. One of Zeleny's unnamed Democratic sources confided they'll be unashamedly casting themselves as victims and playing the martyr card. The Dems will be drowning in the bathos as the GOP drowns government in the bathtub. The rest of us will be drowning in our own tears.

The lack of political urgency in what is essentially a humanitarian crisis is mind-boggling. Instead of meeting in emergency session to craft legislation to ensure that the 50 million and counting uninsured Americans get medical care, Congress is throwing out members who wear hoodies. It's passing a bipartisan act to make it easier for financial crooks to bilk investors and then having the chutzpah to call it a JOBS Act.

The White House remains "confident" that Obamacare will stand, and thinks the bumbling solicitor general did a heckuva job in his lackadaisical Supreme Court appearance.

Despite the solicitor general’s shaky performance before the court, (WH Deputy Press Sec. Josh) Earnest called Donald Verrilli Jr., the government’s lawyer in the case, a “very skilled advocate” and “one of the brightest legal minds in Washington, D.C.”

Verrilli “delivered a solid performance before the Supreme Court. That's a fact. We feel good about his performance,” he said.

Methinks Josh was joshing. And his claiming not to know whether Obama had been paying much attention to the court case beggars belief. But he was probably right when he warned against placing bets on Obamacare, calling it a "risky business."

Maybe he was listening to CNBC Mad Money guy Jim Cramer (the same guru who told everybody to buy Lehman Brothers stock right before it crashed.) Cramer was on TV yesterday talking about the futility of reading too much into the lines of questioning by the Supremes. (So far, at least as far as we know, there exists no hedge fund betting on Obamacare futures. But give the geniuses of Wall Street a day or so.)

 The judges were probably just  funnin' with us anyway because, you know, people getting sick and dying for lack of health insurance is so damned hysterical. The word "broccoli" had everyone rolling in the aisles. Still, predicts Cramer, if Obamacare goes down, stocks will go up! If it stands, he advises investing in temporary employment agencies -- in order to avoid mandated coverage, "job creators" will simply hire people and fire them six months later to game the law. The profits of Manpower and other temp agencies will skyrocket as a result, he enthuses. Clip here.

That just about wraps it up. American-style health care policy doesn't have much to do with health. It has everything to do with pretend legislation, pretend bickering between the two sides of the Money Party, and ensuring that each side benefits both politically and financially whether it passes judicial muster or not.  Heads they win, tails we lose.