Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

Obamacare and Medicaid Enablers

March 28, 2014 By E.J. Smith - Your Survival Guy

You would think the GOP would put a on full court press against both Obamacare and Medicaid. But that’s simply not how it’s playing out in real time. If the clock never runs out then how can there be a loser? Cato expert Michael Tanner points out:

Even as those parts of Obamacare that have not yet been postponed stagger toward the finish line on March 31, one part of the president’s health-care law continues to build momentum. As of this writing, 25 states and the District of Columbia have chosen to expand their Medicaid programs in accordance with Obamacare. This includes several states governed by Republicans, including Arizona, New Jersey, New Mexico, and Ohio (Governor John Kasich has described the expansion as part of his duty as a Christian).

The Obama administration claims that nearly 7 million Americans have been added to the Medicaid rolls as a result of the Affordable Care Act, but those numbers are wildly inflated.

The Washington Post’s fact checker has given the claim “four Pinocchios,” and firms that track the data, such as Avalere, suggest that the real number is somewhere between 1.1 and 1.8 million at last count. The rest of the enrollments are simply the normal turnover and reenrollments that occur in the program.

“Now isn’t the time for Republican governors to go wobbly on these fraudulent arguments.”

Yet the expansion could get a lot bigger over the next few months if several additional states decide to expand their programs. Among those expected to make a decision in the next few weeks: New Hampshire, where the Republican-controlled senate voted to pass a version of expansion earlier this month; Pennsylvania, where Republican governor Tom Corbett has proposed expanding the program in exchange for some overall Medicaid reforms, including a work requirement; staff for Utah governor Gary Herbert traveled to D.C. last week to discuss proposals for Medicaid expansion, with their boss expected to make the trip himself in April; and Virginia, where new governor Terry McAuliffe is pushing for expansion, though the Republican-controlled house has blocked him. Other states looking at the idea include Florida, Missouri, and Montana; expansion is also expected to be a key issue in gubernatorial campaigns this fall.

Supporters of expanding the program, along with much of the media, portray opposition to the idea as essentially political. It’s about governors and state legislators who simply oppose Obamacare and refuse to do anything that would help implement it, they contend. No doubt there’s a certain amount of truth to this claim.

But expanding Medicaid also raises serious policy concerns: It would increase government dependency, cost state taxpayers millions if not billions of dollars in new taxes, squeeze other state services, and do little to improve health care for the poor.

Related video:

Related Posts

  • Destructive Medicaid Expansion
  • Medicaid Breaking States
  • Cato Event on ObamaCare
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • NYC, Crypto, ESG, the Haves and the Have-Yachts - July 2, 2025
  • Survive and Thrive June 2025: The Lay of the Land: Who Can You Trust? - July 1, 2025
  • “Surrounded by an Armed Country” - July 1, 2025

Dick Young’s Must Reads

  • “We’re Not Going Back”
  • Soros’s Open Society Foundation, Charles Koch Team Up
  • The Case for Individual Stocks: Now More than Ever
  • WAR HAS BEGUN: What Advice Are You Giving Your Loved Ones?
  • Is It All Coming Apart in the Government’s Face?
  • Russian Black Sea Fleet Decimated
  • Your Sheriff Can Thwart Federal Gun Control Efforts
  • Will Government Spending Spur Hyperinflation?
  • In Chicago, Education Connects the Dots
  • BLOOD THINNERS: Is a Big Advance Imminent?

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • NYC, Crypto, ESG, the Haves and the Have-Yachts
  • Trump Announces Vietnam Trade Deal
  • Nuclear Surpasses Coal in U.S. Energy Mix for the First Time
  • Grand Theft Cargo: California’s Cargo Thefts Thrive
  • Every 50 Minutes: The Alarming Pace of Cargo Theft in Mexico
  • Survive and Thrive June 2025: The Lay of the Land: Who Can You Trust?
  • Job Market Remains Strong
  • Chinese Goods Price Increases Outpace Core Inflation
  • From Scroll to Store: How Social Media Is Powering Retail Traffic in 2025
  • Work to Retirement #11: Whatcha Gonna Do?

RSS Yoursurvivalguy.com

  • NYC, Crypto, ESG, the Haves and the Have-Yachts
  • “Behind Every Blade of Grass”
  • Beware the ‘Democratization’ of Investing
  • Survive and Thrive June 2025: The Lay of the Land: Who Can You Trust?
  • Dividends: “Because It Works”
  • “Surrounded by an Armed Country”
  • Every Family Should Own at Least One Shotgun: Here Are Three
  • What’s the Best Gun for Home Defense?
  • Work to Retirement #11: Whatcha Gonna Do?
  • Smartphone Satellite Communications Are Here

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives