In his own words: Trump reveals the real, spiteful reason he is sabotaging ObamaCare

On Wednesday Donald Trump signed an executive order that significantly damages the Affordable Care Act (aka ObamaCare). It’s purpose is to force people into the old “junk” plans that failed to provide necessary coverage. What’s more, it will remove the protections for people with preexisting conditions. And he wasn’t finished with his mission to deliberately destroy ObamaCare.

Donald Trump

Later the same day the White House released a statement advancing their assault on affordable healthcare. They announced that the administration would stop paying the cost-sharing reduction [CSR] payments that subsidize many individual policies These subsidies mainly go to lower and middle income families who otherwise would be unable to purchase insurance.

It’s a monstrously cruel decision on Trump’s part that defies reason. Except that Trump took a few questions from reporters Thursday morning wherein he helpfully offered the reason himself (video below):

“If you take a look at CSR payments, that money is going to insurance companies. To prop up insurance companies. That money is going to insurance companies to lift up their stock price. And that’s not what I’m about. Take a look at who those insurance companies support, and I guarantee you one thing. It’s not Donald Trump.”

And there you have it. Trump is taking out his vengeance on an industry that he thinks hasn’t been generous enough to him. Like almost every other decision he makes, it’s all about Trump or go suck an egg. Like his attacks on media that is critical of him, including recent threats to revoke their licenses. That, by the way, ha cannot do because the federal government doesn’t license TV networks or journalists. But never mind the facts, Trump is openly admitting that his healthcare policy is driven by partisan politics and donations.

To make matters worse, the foundation for Trump’s revenge fetish is utterly false. In this morning’s rant he repeatedly complained about insurance companies making too much money. Let’s set aside the inappropriateness of a president castigating an American industry for being successful. Trump is wrong on the facts. The insurance sector’s equity growth over the past three years (14%) has only slightly exceeded that of the S&P 500’s financials index (12.5%). What’s more, his contention that the industry doesn’t support him could not be more off base. A look at the campaign contributions from big insurers shows that Republicans received far more than Democrats. Consequently, since his anger at insurers is so badly misdirected, his actions are just plain nasty and hurtful. And the victims are wholly undeserving of his wrath. That, of course, includes the people whose coverage will now be out reach. According to analysts at CNBC:

“Two months ago, the Congressional Budget Office estimated that individual health plan premiums would be 20 percent higher than originally projected if the [CSR] payments ceased. It also projected that premiums would be 25 percent higher than they otherwise would be by 2020, and that the federal deficit would be increased by almost $200 billion if the subsidies ended.”

Trump promised that he would provide more and better healthcare at lower cost. But his imperial executive actions yesterday ensure that millions will lose their health insurance, those who don’t will pay more, and the nation’s deficit will increase. And by taking this action unilaterally, without any input from the people’s representatives in Congress, Trump is essentially invoking the repeal of ObamaCare without any effort to replace it. It’s a disaster in the making that will be fully owned by Trump and the Republican Party, if they go along with it.

UPDATE: Now Trump is bragging that he hurt an industry that employs hundreds of thousands of Americans. And his reason for hurting it, as stated above, was because he thinks it didn’t support him. That, by the way, is illegal and another to reason to impeach his fat ass.

How Fox News Deceives and Controls Their Flock:
Fox Nation vs. Reality: The Fox News Cult of Ignorance.
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5 thoughts on “In his own words: Trump reveals the real, spiteful reason he is sabotaging ObamaCare

  1. Can this insanity be stopped in the courts? I hope so. Trump’s brain-dead supporters will love this and most will be negatively affected by this! Cognitive dissonance on steroids.

  2. Trump makes all decisions based on one of four criteria: his egotism, his narcissism, his bigotry, and to what degree Obama was involved — though not necessarily in that order. Since all decisions ultimately relate to how quickly he can destroy everything related to Obama because he will never accept that even now, Obama is far more respected than Trump will ever be, and the accomplishments of Obama will long outlast any accomplishments of Trump.

    Accomplishments of Trump, which are….
    um …
    um …
    um …
    um …

    Can we get back to you on that, say, AFTER the impeachment process?

    • Obama will be at a campaign event next week. Clump’s reactions should be interesting.

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