The economy is tumbling. The AP reported this morning that jobs have dropped for a year now.
The number of newly laid off workers filing claims for unemployment benefits soared last week.
The Labor Department reported Thursday that claims for unemployment benefits rose by 35,000 to 380,000. Private economists had expected claims would rise by a smaller 18,000.
The story goes on to suggest that we're due to lose another 70K across our economy.
Here in PA, we've got a chance to extend healthcare coverage to many of the people who will be laid off here, at affordable prices, and thereby ease the suffering of many workers out of work. It's money that's stopping it.
Smokers have been taxed here, among other things, to create a fund that cuts malpractice premiums (at the very least) in half across PA. We collected much too much tax money for that fund and now the state wants authorization to reallocate part of that money into paying for the uninsured.
With another dime per pack on cigarettes and reallocating this money that's just sitting, we could cover many of the uninsured here. In a few years, I believe, the program would reach all of them.
The man-on-the-street will have a lot less money in his pocket, soon, when he loses his job and when a general economic tightening reins in the hours, the bonuses, the overtime, the promotions, the raises and the tips or commissions of others. We can, at least, insure that he remains whole and healthy through this downturn.
The Senate R's are coming out with their own plan this week. It's not likely to cut a break to consumers. They are more than content to let their sick constituents get sicker and destroy the liquidity of working families who catch a bad break in order to stay tight with doctors and hospitals. We can't let them do it. SB 1137 is the right vehicle to maintain health through the coming recession and it should simply pass.



Recent comments
12 hours 11 min ago
12 hours 47 min ago
14 hours 9 min ago
14 hours 37 min ago
15 hours 9 sec ago
15 hours 20 min ago
15 hours 25 min ago
15 hours 34 min ago
15 hours 37 min ago
15 hours 56 min ago