“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it[…]
Schadenfreude: a feeling of enjoyment that comes from seeing or hearing about the troubles of other people.
Republicans may be forgiven if they have indulged themselves in a bit of Schadenfreude over the continuing debacle of Obamacare. To be sure, that debacle could hardly have come at a more opportune time. The furies unleashed by the website failures and the cancellation of insurance policies served to soften, if not erase, the public disdain for the Republicans’ recent antics: the ill-advised gambits with the government shutdown and the debt ceiling. Nevertheless, those furies, and the agonies they have produced in Democrats, may prove to be ephemeral. A diet of Schadenfreude does not provide much nutrition, and it surely is not a policy. […]
Rinocracy.com was among the first to call attention to the fact that Obamacare had led to the cancellation of hundreds of thousands of health insurance policies with millions more cancellations likely to follow. We pointed out, as others had, that such cancellations appeared to make a mockery of President Obama’s oft-repeated pledge that “If you like your health insurance, you can keep it.” (Special Bulletin, October 27, 2013, “What did the President know and when did he know it (or Who’s minding the store?).” Indeed, Glenn Kessler, Fact Checker for The Washington Post has now given the President his highest “award:” Four Pinocchios.
The Special Bulletin of October 27 pointed out that HHS had adopted regulations that eviscerated the President’s promise that “If you like your health insurance you can keep it.” A lengthy and informative report by NBC News indicates that “the Administration” knew of that fact three years ago. The report also give useful examples of[…]
For several months, we have been spared the drama of a manufactured fiscal crisis. That period of relative calm has allowed the stock market to reach new highs and the broader economy to show signs of improvement. So favorable an environment, however, may soon be coming to an end: there are two fiscal deadlines this fall that could precipitate a crisis brought on by an imminent or actual government shutdown. Those deadlines arise from the need for a continuing resolution to continue funding the government after September 30, and the need to raise the debt ceiling. If either deadline should in fact precipitate a crisis, the precise consequences are impossible to predict, but it is certain they will not be pleasant—for the country or for Republicans.