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Sunday, July 28, 2013

Going Rogue -- Nothing To Do With The Bakken

I am in the mood to post today without much filtering. Earlier I posted my reaction to a Mike Filloon article in an essay that was not ready for prime time.

Here's another post, not ready for prime time, and even worse, nothing to do with the Bakken.

I do not have television (which reminds me, memo to self -- Sports Bar, NASCAR this afternoon) so I don't see the news, etc., but a reader sent me this note:
Treasury Sec LEW was on NBC "Meet The Press" 15 minutes ago. Gregory was commenting on how many jobs President Obama had created (none). Mr Lew became very defensive when the reporter pushed back on the fact of NO work....
This was my reply:

Maybe the mainstream media will finally go after this: jobs are not coming back. And it's not all Mr Obama's fault.

Under the best of circumstances, a lot of jobs won't be coming back (technology and all the other usual reasons and arguments). But mainstream media is missing the BIG STORY:

There is a new 800-lb gorilla in the very small living room: OBAMACARE.

If employers were looking at reasons to cut hours and employees, they now have an even more urgent reason: OBAMACARE.

Whether one supports the president or not, whether ObamaCare is the socially right thing to do or not, whether ObamaCare will work or won't work, no matter what side of the argument you fall on, the fact is: employers are not going to increase hiring with the Damocles sword of O'BamaScare hanging over their heads.

One can even argue that ObamaCare won't increase costs for the employee. That's not the issue. The issue is UNCERTAINTY. Employers don't know if costs will increase under ObamaCare .... my hunch is that most employers think costs will increase. (Wal-Mart may be ahead of this game if it follows through with its plans to "push" its employees off its health care program over to the Federal government. It is very, very likely, some of the bigger employers might actually save money. That's what the unions are concerned about. But I digress.)

The irony is that if the mainstream media even BEGINS to talk about this, it's the end of ObamaCare. And that's why the mainstream media -- especially MSNBC, NBC, and to a lesser extent, CBS, and ABC are afraid to go there. I didn't see the Mr Gregory and Mr Lew but it sounds like Mr Gregory did not even mention ObamaCare and jobs.

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