Saturday, September 5, 2009

Announcement - Points of View - September 5

Daily Emails - I believe that the issue of the daily emails has now been fixed, but if you did not receive Friday's post on Friday, and you are not receiving this post on Saturday, please let me know - rschultz@rollinsfinancial.com.

Points of View

Stimulus & Taxes

The Jobless Stimulus - The Wall Street Journal - "None of this does much for the credibility of the Obama Administration's stimulus spending plan, which was sold with the promise of a jobless rate this year of "below 8%" if the stimulus were passed. That was off by some three million jobs in a mere seven months. The same economists who fretted in February that $780 billion in stimulus was too small now claim that the $300 billion or so that has been spent has somehow ignited the recovery."

Health Care

How to Insure Every American - By Congressmen John Shadegg & Pete Hoekstra - The Wall Street Journal - "When was the last time you asked your doctor how much it would cost for a necessary test or procedure? In all likelihood, you can't remember. That's because your employer-provided health plan or the government "paid for it." In fact, you paid. We all pay for health care."

Who’s to Blame on Health Care Reform? - By David Brooks & Gail Collins - The New York Times - "Republicans have been both totally useless and extremely canny in their negotiations..." "Obama promised that health care would be his top priority; he shouldn’t back down now."

Let’s Get Fundamental - By David Brooks - The New York Times - "If I were magically given an hour to help Barack Obama prepare for his health care speech next week, the first thing I’d do is ask him to read David Goldhill’s essay, “How American Health Care Killed My Father,” in the current issue of The Atlantic. That essay would lift Obama out of the distracting sideshows about this public plan or that cooperative option. It would remind him why he got into this issue in the first place."

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