"Just the other day Trump said that the very insurance company's that were supposed to receive the government welfare payments (let's call them what they are) were showing huge profits. That has been widely reported already. My question is, if they are showing profits can someone explain, logically, why it is that they should receive these gov't welfare payments that Trump said he would not authorize?"
Trump did say that, but it's not true (like almost everything else he says). Those "welfare payments" are a pass-through; they're intended to help poorer families cover their costs, not as a bailout for the insurance companies. Remove the CSRs and the rates go up, pricing poorer people out of health insurance - it's not the insurance companies who will feel the effect of this. Trump framed it in a way that makes the true end-result harder to see.
His logical inconsistencies are dizzying at times. One minute he's crowing about how corporate earnings are growing and how the stock market is soaring, the next he's slamming an entire industry for having high earnings. Where's the consistency?
Trump has no idea how the economy works - in an interview with his lapdog, Sean Hannity, he said that the stock market has done well during his first year in office, then claimed that “maybe in a sense we’re reducing debt.” One thing has nothing to do with the other; there's no connection between the stock market and the national debt. The stock market is not the economy, and about 50% of Americans don't own stocks. Corporate earnings mean nothing to them. |
