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(CNSNews.com) – The debt of the federal government has now increased by more than $8,000,000,000,000 during the time President Barack Obama has been in office, according to the official debt numbers published by the U.S. Treasury.The total federal debt, which was $18,722,746,583,118.03 at the close of business on Monday, now equals about $159,007 per household.It has increased approximately $68,756 per household during Obama’s presidency.
Argentina’s next president decided to pursue a career in politics under the most harrowing of circumstances: nearly 25 years ago, he was kidnapped for nearly two weeks and released only after his family —
“We see no data pointing to improvement.”
Who saw this coming? Oh right. Lots of us. The ObamaCare economic model is based on the idea that you can mandate generous benefits, limit prices and take away all discretion from insurers about who can be covered. How can an insurer possibly expect to make money under a model like that? According to Democrats, they’ll make it on volume because the individual mandate forces everyone to buy whether they like it or not. According to reality, it doesn’t work that way at all, and now the nation’s largest health insurer is signaling it’s ready to bail on ObamaCare:
Amazon is adding restaurant delivery to its growing list of on demand services.The company Tuesday announced that it would be expanding its Prime Now-based food delivery to 20 major metropolitan areas across the U.S. In September, Amazon debuted the service in Seattle and many speculated that the service was just an experiment. More recently the service has been available in Portland and just yesterday L.A. was added to the roster. The company is now planning to add restaurant delivery to everywhere Prime Now—its same day ordering platform which delivers direct from local vendors– is available.So how does it work?
GOP frontrunner Donald Trump lambasted the permanent political class for supporting the Trans-Pacific Partnership free-trade deal, in an exclusive interview with Breitbart News ahead of the next debate. “The deal is insanity,” he said. “That deal should not be supported and it should not be allowed to happen.”
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China took another step to boost the yuan’s global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International Monetary Fund.The link will start on Tuesday, the China Foreign Exchange Trade System said in a statement, making the franc the seventh major currency that can bypass a conversion into the U.S. dollar and be directly exchanged for yuan.
For the press, the debate over ObamaCare is over. There may be a few proverbial Japanese soldiers wandering on isolated islands yammering on about the failure of ObamaCare, but word will eventually filter down to them, too.This assumption is so deeply embedded that it is impervious to new evidence that ObamaCare is an unwieldy contraption that is sputtering badly. Yes, ObamaCare has covered more people and has especially benefited those with pre-existing conditions (to be credible, Republican replacement plans have to do these things, as well), but the program is so poorly designed that, surely, even a new Democratic president will want to revisit it to try to make it more workable.