Topic: Government & Politics
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In a recent interview with Bill O’Reilly, President Trump said that the process of finding an ACA replacement could stretch into 2018. The delayed timeline illustrates the difficulty of finding a plan that would maintain the parts of the ACA that do work while still appealing to working-class Trump supporters.
Fully 114 of the 242 S&P 500 companies that held investor events in January referenced Donald Trump—with many executives preaching patience and optimism. Though companies and investors remain sold on the “Trump rally,” beware: Full-on “Trumponomics” still has significant hurdles in its way.
Contributor Jasmyne Cannick outlines why she believes that her late grandfathers would have voted for Donald Trump. She maintains that her patriotic grandfathers would have looked past “what many of us saw as Trump’s elitist, racist, and misogynistic rhetoric on the campaign trail” in support of Trump’s biggest platform: bringing jobs back to America.
In a long-awaited move, President Trump has officially withdrawn the United States from the Trans-Pacific Partnership. The trade deal was much maligned by politicians on both sides of the aisle for its potential to slash U.S. jobs and foment currency manipulation, making it an easy target for Trump’s chopping block.
A federal judge has blocked the proposed megamerger between health care giants Anthem and Cigna on antitrust grounds. In today’s tumultuous health care landscape, bigger truly is better for providers—but not for consumers, at least in the eyes of regulators.
A new op-ed calls Barack Obama the “Millennial whisperer” for his high outgoing approval ratings among young Americans. While Obama did make significant progress on many of the issues that Millennials care about, the authors wisely point out that the contrast between Obama and the Clinton/Trump campaign vaulted his popularity among Millennials even higher.
Uber has announced that it will be defying California state regulations by continuing to test its self-driving vehicles in San Francisco. Uber executives contend that they don’t need a permit because their test cars still need a human operator—which speaks to the readiness (or lack thereof) of true self-driving cars.
The federal government has been taking money out of Social Security checks at an alarming rate in order to recover unpaid student loans. This trend is on track to intensify as more Boomers retire and more Millennials rack up student debt, leaving many financially unprepared Boomers and Xers in poverty.