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CNN's Candy Crowley Ignores Real Cause Of "Uncertainty" After Health Care Ruling

July 01, 2012 5:28 pm ET by Kevin Zieber

CNN's Candy Crowley is giving cover to the Republican claim that businesses will not hire due to "uncertainty" over the implementation of the health care law, which has now been endorsed by all three branches of the federal government. In reality, the only uncertainty surrounding the law is being created by Republican threats to repeal it.

On State of the Union, Crowley aided National Republican Senatorial Committee Vice Chair Carly Fiorina's claim that uncertainty over Obamacare would continue to prevent companies from hiring. Crowley said, "And this has been part of the Republican mantra was that big business doesn't know where tax reform is going, they don't know how much new regulation is going to cost them, what kind of infrastructure they'll have to put into their own -- so they're kind of sitting on all this money and not hiring."

 

By contrast, a June 28 Associated Press article noted that "the health industry -- and company stocks -- still face uncertainty, at least until the November's presidential election. Republicans want to scrap the law."

Furthermore, economists and small business owners say a lack of demand is holding back hiring, not uncertainty.

Tags: CNN, Candy Crowley, State Of The Union




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    • Author by worrierking (July 01, 2012 6:28 pm ET)
      9  
      The uncertainty businesses need to deal with are the increases in the cost of healthcare. Most businesses provide coverage for their employees. If companies that don't provide benefits are worried about having to provide heath benefits, and we scrap the ACA, how long will it be before more companies drop healthcare?

      Those who oppose healthcare reform are working towards poverty for themselves and their kids. Republicans are attempting to destroy the middle class. They oppose pensions, health insurance, wage increases and vacations.

      Start focusing on jobs, not destroying the benefit system. If businesses don't want to do business because they might get a better deal with a different administration they don't deserve to stay in business.
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      • Author by grmce (July 01, 2012 11:48 pm ET)
        1  
        A major cause of uncertainty stems from the sustained barrage of misinformation and irrelevant bovine faecal matter that the Knuckle-dragging Right has kept up, with the intention of creating as much confusion as possible.

        There are lies, damned lies, statistics and Republican statistics.
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    • Author by Maimonides 03 (July 01, 2012 6:29 pm ET)
      8  
      Uncertainty was casued by the very people claiming the market and the environemnt is uncertain. It is like Moody's down grading Spain, yet Moody's rated Godlmans Sachs and AIG triple A during the markets collapse in 2007-2008.

      Why is the Eurozone broken? Well one reason is they invested in US companies like AIG, Goldman Sachs and Lehman Brothers.

      Why are cities and counties in the US about to go belly up? Because AIG, Goldman and others lied or posibly misled investors. It will be interesting to see if anyone is prosecuted this time.

      Capitalism is in ned of sopme reformulating. It may have outlsted the Soviet Communist ideas, but now it is showing how it is broken.
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      • Author by overmars jr. (July 01, 2012 8:29 pm ET)
        3  
        Capitalism itself isn't to blame, it's being sabotaged and broken on purpose. Capitalism needs fair play rules and certain sorely overcompensating folks can't or don't want to compete, don't want to contribute to society like old school American magnates - they just want to pillage the economy armed with the dirty tricks of bought legislators.
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        • Author by epkklk851 (July 01, 2012 8:47 pm ET)
          2  
          Actually, the current crop of Wall Streeters is rather like their Gilded Age counterparts, the Robber Barons. There are new twists to the old pirate games, but the objective is still the same, get rich and screw anybody or anything that gets in your way. The one who dies with the most money wins.
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        • Author by wookie (July 01, 2012 9:12 pm ET)
          2  
          Thev problem is that cheating is a logical way to win. We can say that what is happening now isn't really capitalism but Wall Street does that type of crooked stuff because it is profitable. What is happening now is much like the 20's and 30's. We need the cooperative mindest of something like Occupy to limit the power they have to abuse.
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      • Author by grmce (July 01, 2012 11:23 pm ET)
           
        The moronic obsession with "competition" is one of the real problems with capitalism. As anyone who has played competitive sport knows, competition, far from breeding excellence, is more likely to foment cheating.

        Founder of the Modern Olympics, Pierre de Coubertin, had a vision of the flower of each nation's youth competing of the sporting field for the honour and glory of taking part. The reality has been a history of skullduggery and cheating of varying degrees down through the decades.

        Anyone who has actually studied the "patron saint" of free market competition, Adam Smith, knows that he was well aware of the need to regulate markets in the public interest - particularly the financial and banking system. Smith would have been well aware of the mayhem wrought by the activities of his countryman of the preceding generation, John Law, who in addition to founding modern banking managed to pretty well bankrupt France.
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