Letter: Facts show Obama has helped economy
This is in response to the letter from Bob Weiss in the Oct. 22 Courier. I congratulate Mr. Weiss in taking the time to express his opinion and in urging people to vote and to inform themselves before they vote. He appears to be urging people to vote in a way that supports his conclusion that we have been poorly led by President Obama and we need people who will counter his policies.
Let's look at the record and examine, as Ronald Reagan said in 1980, "Are we better off today" than at the beginning of this administration (January 2009). Unemployment - 7.8-5.9 percent. Federal deficit as percent of GDP - 9.8-3.7 percent. GDP growth rate-negative 4-5 percent, second quarter 2014 -4.6 percent. Jobs: negative job growth (January 2009) versus today - 55 straight months of positive JG (10.3 million new private sector jobs). Source: Bureau of Economic Analysis, Bureau of Labor Statistics and Office of Management and Budget.
Mr. Weiss said, "Millions more are insured due to the ACA, but nearly as many have lost their coverage," implying that in net we haven't significantly changed the uninsured rate because of the ACA. Facts: In January 2009, the general rate of uninsured was 16.1 percent. Gallup reported that the uninsured rate for adults (18 and over) changed from 18 percent in the third quarter of 2013 to 13.4 percent in the second quarter of 2014. Generally, it's been reported that 10 million more people net have health insurance because of the ACA. And showing we're making progress overall in containing health care costs, Gallup also reported that we now have the lowest increase in premiums for those with job-based health coverage since they started compiling the statistic in 1999 at 3 percent. Though it has problems, clearly the ACA (Obamacare) is working for the American people.
I for one will proudly support those who support President Obama's agenda overall, though I have several disagreements with the president.
Beware of those who make claims of fact without any reference to objective sources one can rely on.