Blog on the Run: Reloaded

Wednesday, October 30, 2013 7:57 pm

Obama lied about keeping your existing health-insurance policy … or DID he?

Actually, The Washington Post (among others) did the lying, as economist Dean Baker helpfully notes:

The Washington Post joined Republicans in hyping the fact that many individual insurance policies are being cancelled with insurers telling people that the reason is the Affordable Care Act (ACA). The second paragraph comments on this fact:

“The notices [of plan cancellation] appear to contradict President Obama’s promise that despite the changes resulting from the law, Americans can keep their health insurance if they like it.”

It would have been useful to point out that the plans that were in effect as of the passage of the ACA were grandfathered. This means that any insurers that cancel plans that were in effect prior to 2010 are being misleading if they tell their customers that the cancellation was due to the ACA. It was not a mandate of the ACA that led to the cancellation of the plan, but rather a decision of the insurer based on market conditions.

But Obama is black!

Also, if you really want to know what’s going on in the economy, just read Baker’s blog every day. It’s called Beat The Press, and that’s what it does. Pretty much the only thing he ever posts about is mistakes made by major news-media outlets in coverage of economics, and he never lacks for material, averaging about 3-4 posts per day. He also doesn’t have to go far afield for material: The major print, broadcast and cable outlets keep him supplied without his having to go beat up on a 22-year-old cub reporter in East Buttville to flesh out an item. I started reading him several years ago, and in less than a week, I arrived at the conclusion that where economics coverage is concerned, American news  media just ought to be ashamed, full stop. This matters not only in and of itself but also because the income and wealth of working people and the middle class are under siege right now by the 1%, who are counting on people’s economic ignorance to let them do what they want to do, which is rob us blind. Baker is our Thin Blue Line. Read him and support him.

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