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The # 1 issue for the 2020 campaign is not Donald Trump’s character. It is not impeachment. It is not Trump’s conduct surrounding Ukraine. It is not Donald Trump’s propensity for lying. It is something greater, it is the economy and it is The Great Affordability Crisis.
...and before you say the economy is great under Donald Trump, think again. The “Trump” economy may not be as great as he says it is. If Democrats running in 2020 talk about the economic issues facing America, there can be an electoral revolution. This revolution will reveal the GOP fraud being perpetrated on Americans when it comes to tax cuts, economic prosperity and the GOP claim that it is the party of economic prosperity.
Democrats and independents running for office have a unique opportunity to reveal the GOP for the fraud that it is. That opportunity surrounds the simple idea:
It’s the economy stupid. No, it’s The Great Affordability Crisis, stupid.
...and the affordability crisis is hitting Americans hard. It is potentially a greater crisis than The Great Recession. The Great Affordability Crisis is a part of the GOP’s great economic lie.
This crisis involved not just what families earned but the other half of the ledger, too—how they spent their earnings. In one of the best decades the American economy has ever recorded, families were bled dry by landlords, hospital administrators, university bursars, and child-care centers. For millions, a roaring economy felt precarious or downright terrible.
Viewing the economy through a cost-of-living paradigm helps explain why roughly two in five American adults would struggle to come up with $400 in an emergency so many years after the Great Recession ended. It helps explain why one in five adults is unable to pay the current month’s bills in full. It demonstrates why a surprise furnace-repair bill, parking ticket, court fee, or medical expense remains ruinous for so many American families, despite all the wealth this country has generated. Fully one in three households is classified as “financially fragile.”
...In one of the best decades the American economy has ever recorded, families were bled dry. The Atlantic by Annie Lowrey
The crisis warrants swift action by voters, action removing those involved in the grand political scheme to convince Americans the economy has flourished benefitting all Americans. Moreover, voters need to hold political representatives accountable for the great deception claiming that all Americans are prospering under the alleged GOP economic boon.
The reality is working Americans cannot pay their rent, cannot maintain their homes, and cannot afford health care. Take health care, for example...there is a reason why Americans want Medicare for all-
Americans believe Medicare for all will give them access to much needed health care. Why? Under the Great Affordability Crisis, many Americans cannot afford health insurance giving them access to health care. Therefore, the Medicare for all idea gives them hope of getting affordable insurance. It gives Americans hope of gaining access to the health care they are being denied under the “Great GOP Economy.”
Health-care costs are exorbitant...: Americans pay roughly twice as much for insurance and medical services as do citizens of other wealthy countries, but they don’t have better outcomes. In the post-recession period, premiums, deductibles, and out-of-pocket costs in general just kept rising, eating away at families’ budgets, casting millions into debt, and consigning millions more to bankruptcy.
The “cost burden” of health coverage climbed through the 2010s; just from 2010 to 2016, family private-insurance premiums jumped 28 percent to $17,710, while median household incomes rose less than 20 percent. That meant less take-home pay for workers. Deductibles—what a family has to fork over before insurance kicks in—also soared. From 2010 to 2016, the share of employees in health plans with a deductible jumped from 78 percent to 85 percent. And the average annual deductible went from less than $2,000 to more than $3,000.
The country’s insurance premiums and out-of-pocket health-cost burdens are just very, very high—including for people with publicly subsidized or public coverage. The average person on Medicare spends $5,460 on health care beyond what they pay for insurance every year. The average person with Medicaid forks over nearly half that. No wonder two in three bankruptcies are related to medical issues, and nearly 140 million American adults report “medical financial hardship” each and every year. The Atlantic
The crisis doesn’t end with health care, it goes onto housing costs, student loan debt, and childcare. While the “Great Affordability Crisis” grows we continue to hear the consistent GOP good news:
Under our leadership, the economy is the best it has ever been.
However, this theme does not give the public the “rest of the story.” It leaves out the truth surrounding the “Great Affordability Crisis.”
If Democrats and independents want to win, they must talk frankly about “The Great Affordability Crisis.” This issue needs to be directly addressed with the facts backed up by workable solutions. Take for example the following:
What is perhaps most frustrating is that the Great Affordability Crisis is amenable to policy solutions—ones most other rich countries adopted decades ago. In other developed economies, childcare, early education, and higher education are public goods, and do not require high-interest-rate debts or endless scrambling by exhausted young parents to procure. Other wealthy countries have public-health systems that cover everybody at far lower cost, whether through socialized or private models. And numerous proposals would transform residential construction in this country, including one that just failed in California’s legislature. The Atlantic
The solutions outlined by the Atlantic may not be palatable to some, but if you are facing The Great Affordability Crisis the solutions give you hope. Moreover, if those impacted start hearing facts about the challenges facing them, both the discussion of the economic realities and the solutions become palatable. If any opposition to Donald Trump’s GOP starts talking about the facts and the solutions surrounding The Great Affordability Crisis, then Trump’s GOP will find itself facing a great repudiation for years of broken promises that left a significant portion of the American public out in the cold.
...the Great Affordability Crisis hides in plain sight, obvious to households but unmentioned in the country’s headline economic numbers. It persists even as President Donald Trump rightly praises the country’s growth, low unemployment rate, and rising household incomes. And though there are many nationwide policies that could end the crisis, they all seem unlikely to pass through the country’s broken Congress; the brightest glimmer of hope lies in housing and health-care policy by individual states. But it is still a dim glimmer. This crisis looks sure to stay with us for the coming decade, whatever recessions or expansions it may hold.
To win, the opposition to Trump’s GOP must propose nationwide policies designed to end this crisis—directly and succinctly. The opposition must address the truth-Congress is mired in partisan bickering focusing on issues that really do not matter to the victims of the affordability crisis. The opposition needs to move on from the character fight over Trump, impeachment and partisan bickering. The opposition needs a clear message addressing the facts of “The Great Affordability Crisis” proposing solutions giving meaningful policy, and legislative, ideas to continue our economic growth while assuring that all Americans benefit.
After all it is not only the economy stupid it is
The Great Affordability Crisis, stupid...
and it is the winning issue.
“Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.”
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