Wednesday, September 14, 2016

Shouldn't you be at work? Pres. Obama prefers to campaign in Pennsylvania for Hillary Clinton instead of solving major problems facing this country. For example, Obamacare deductibles are now so high that some Americans who purchased coverage are essentially self-financing their care-Donald J. Trump press release

.
9/13/2016, "SHOULDN’T YOU BE AT WORK?" Donald J. Trump

 "President Obama Would Rather Campaign For Hillary Clinton Than Solve Major Problems Facing The Country." 

"Today President Obama Will Be Campaigning For Clinton In Pennsylvania. “President Barack Obama will hit the campaign trail Tuesday to rally support for Democratic presidential nominee Hillary Clinton in Pennsylvania, a state that has served as a firewall for her party in the past six general elections but is now viewed as competitive.” (Kevin Freking And Kathleen Hennessey, “Obama Hits Campaign Trail For Clinton In Philadelphia,” The Associated Press, 9/13/16)

PROBLEM ONE: Obamacare Is In “Deep Trouble,” With Premiums Rising And Large Insurers Pulling Out Of Exchanges. “Obamacare is in deep trouble. The exchanges created by Barack Obama's signature achievement are attracting millions fewer customers than predicted. The makeup of the system's risk pool is older, sicker and costlier than anticipated. Some of the largest insurers in the nation have pulled out of the exchanges. Premiums are going up and expected to jump right before November's election. Perhaps more burdensome, deductibles have soared so high that some Americans who purchased coverage through the system are essentially self-financing their care. (Byron York, “Byron York: Obamacare Is Failing. Why Isn't Donald Trump Talking About It?,” Washington Examiner, 8/28/16) 

PROBLEM TWO: This Weekend Iran Threatened To Shoot Down Two Navy Aircraft Flying In International Airspace. “Iran threatened to shoot down two US Navy aircraft over the weekend as they were flying just inside the Strait of Hormuz, a US defense official said. The EP-3 and P-8 planes were in international airspace but ‘near Iranian airspace.’” (Barbara Starr, “US Official: Navy Aircraft Threatened With Shoot Down By Iran,CNN, 9/12/16) 

PROBLEM THREE: Last Week North Korea Tested Their “Potentially Most Powerful” Nuclear Weapon, Which State Media Said Could Be Mounted On A Ballistic Missile. “North Korea said it has hit the button on its fifth and potentially most powerful nuclear test Friday morning, claiming to have successfully tested a nuclear warhead. State media said the warhead could be mounted on ballistic rockets and would enable North Korea to produce ‘a variety of smaller, lighter and diversified nuclear warheads of higher strike power.’” (Katie Hunt And KJ Kwon, “North Korea Claims Successful Test Of Nuclear Warhead,CNN, 9/9/16) 

PROBLEM FOUR: Last Month The U.S. GDP For The Second Quarter Was Revised Down To A 1.1 Percent Annualized Rate. “America's economic growth was even weaker than previously believed in the second quarter of the year, as the country's gross domestic product ticked up an underwhelming 1.1 percent in April, May and June. U.S. GDP was revised down slightly from a previously reported 1.2 percent annualized rate, according to a report published Friday by the Bureau of Economic Analysis.” (Andrew Soergel, “GDP Sinks Lower Despite Spending Uptick,” US News, 8/26/16) 

PROBLEM FIVE: The September 2 Jobs Report “Whiffed On Market Expectations,” Showing An Increase Of Just 151,000 Nonfarm Jobs In The Month Of August. “August traditionally has been a difficult month for jobs numbers, and 2016 proved no exception, likely putting the Federal Reserve on hold for a rate hike anytime soon. Nonfarm payrolls increased just 151,000 for the month, extending the futility August has experienced over the years. This is now the 10th time in the past 13 years the month whiffed on market expectations.” (Jeff Cox, “US Created 151,000 Jobs In August Vs. 180,000 Jobs Expected,CNBC, 9/2/16)








..............................

No comments: