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Obama's Third Term: Wrong For Pennsylvania

- September 13, 2016

Pennsylvania Has Suffered For Eight Years Due To Obama's Failed Policies, Which Clinton Would Only Build Upon


TOP TAKEAWAYS

  • Today, President Obama will campaign for Clinton in Philadelphia and will call for a third term of his failed signature policies on the economy and healthcare that have harmed Pennsylvania.
  • Under Obama, Pennsylvania's economic growth has slowed to a crawl, more Pennsylvanians are living in poverty, more are reliant on food stamps, and less are able to own their own home.
  • Due to the Obama economic agenda, which Clinton has double-downed on, not a single county in Pennsylvania has recovered from the recession as manufacturing employment continues to decline.
  • Thanks to Obama's signature legislative achievement, which Clinton proudly takes credit for, health insurance premiums in Pennsylvania are skyrocketing and major insurers are pulling out of the state's insurance markets.

Today, President Obama Will Campaign For Clinton In Philadelphia. "President Barack Obama will be campaigning for Democratic presidential nominee Hillary Clinton next month in Pennsylvania. Campaign officials say Obama will hold a public event Tuesday, Sept. 13, in Philadelphia for Clinton and her running mate, Sen. Tim Kaine, D-Virginia." ("Obama To Campaign For Clinton In Pennsylvania," Associated Press, 8/27/16)

DESPITE PENNSYLVANIA'S ECONOMIC REALITY, CLINTON GIVES THE OBAMA ECONOMY AN "A" GRADE AND PLANS TO DOUBLE DOWN ON HIS FAILED POLICIES

In An Interview With The Boston Globe, Clinton Gave The Obama Administration An "A" For Its Overall Performance, Adding "I Don't Think He Gets The Credit He Deserves For Saving Our Economy." CLINTON: "I'd give him an 'A.' I don't think he gets the credit he deserves for saving our economy from falling into a great depression, for saving the auto industry which represents millions of jobs up and down the supply chain, for beginning the crackdown on Wall Street abuses with Dodd-Frank, for getting the Affordable Care Act passed, for really being as responsive as he could possibly be given the obstructionism that he faced with the Republicans in Congress." (Hillary Clinton, Interview With The Boston Globe, 10/17/15)

Click To Watch

Pennsylvania's Dismal Economic Growth Falls Far Behind Of The Rest Of The Country

In 2015, Pennsylvania's Economy Grew 1.7 Percent. (BEA, Accessed 6/14/16)

  • In 2015, The U.S. Economy Grew 2.4 Percent. (BEA, Accessed 6/14/16)

Pennsylvania's Growth Of 1.7 Percent Is Far From What Is "Considered Strong," Which Is "Somewhere Around 3 Or 3.5 Percent." "It's not an exact science, but growth that's centered somewhere around 3 or 3.5 percent is considered strong in the US. The country hasn't quite attained that level of sustained growth yet since the recession." (Danielle Kurtzleben, "Everything You Need To Know About GDP," Vox, 6/20/14)

More Pennsylvanians Are Living In Poverty Under Obama

Under Obama, The Poverty Rate In Pennsylvania Has Increased By 1.3 Percentage Points, From 11.0 Percent In 2008 To 12.3 Percent In 2015. (Census, Accessed 9/13/16)

  • Under Obama, 207,000 More People In Pennsylvania Have Fallen Into Poverty, An Increase Of 15.5 Percent. (Census, Accessed 9/13/16)

Poverty Rates In 23 Cities In Pennsylvania Increased Between 2009 And 2014. "Median household income and median home values experienced statistically significant growth in only two cities from 2005-2009 to 2010-2014, while statistically significant declines occurred in 13 and 19 cities, respectively. The news for poverty rates was worse. Only one city showed statistically significant improvement, while 23 cities reported statistically significant increases in poverty rates." ("Study Shows Increase In Poverty Rates Here," The Express, 12/9/15)

  • Only One City In Pennsylvania Has Reported An Improved Poverty Rate During The Obama Administration. "The news for poverty rates was worse. Only one city showed statistically significant improvement, while 23 cities reported statistically significant increases in poverty rates." ("Study Shows Increase In Poverty Rates Here," The Express, 12/9/15)

More Pennsylvanians Are Living Off Of Food Stamps Under Obama

Under Obama, The Number Of People In Pennsylvania Receiving Food Stamps Has Increased By 44 Percent, From 1,299,743 In January 2009 To 1,850,791 In June 2016. (USDA Food And Nutrition Service, Updated 9/9/16)

Penn Live Headline: "Number Of Food Stamp Recipients Skyrockets In The Region." (Candy Woodall, "Number Of Food Stamp Recipients Skyrockets In The Region," Penn Live, 2/8/16)

  • Between 2009 And 2014, Thirty-Eight Cities In Pennsylvania Reported Significant Increases In The Number Of People Receiving Food Stamps. "Between 2010-2014 and the previous five-year period, 38 cities in the state reported significant changes - all increases - in the number of people receiving food stamps/SNAP benefits." ("Study Shows Increase In Poverty Rates Here," The Express, 12/9/15)

Less Pennsylvanians Own Their Own Homes Under Obama

Under Obama, The Home Ownership Rate In Pennsylvania Has Fallen 3.3 Percentage Points. (Census, Accessed 9/12/16)

NOT ONLY HAS PENNSYLVANIA'S ECONOMY DECLINED, BUT THE FOUNDATIONS THAT WOULD ALLOW FOR FUTURE GROWTH HAVE BEEN ERODED UNDER OBAMA

Pennsylvania Has Failed To Recover From The Recession Under The Clinton-Obama Economy

According To A Study By The National Association Of Counties, 0 Of Pennsylvania's 67 Counties Have "Fully Recovered" From The Recession. ("County Economies 2015," National Association Of Counties, Accessed 5/11/16)

Pittsburgh Tribune-Review Headline: "Western Pa. Still Not Fully Recovered From Great Recession." (Chris Fleisher, "Western Pa. Still Not Fully Recovered From Great Recession," Pittsburgh Tribune-Review , 1/12/16)

Pennsylvania's Unemployment Rate Is Higher Than The National Unemployment Rate

In July, Pennsylvania's Unemployment Rate Was 5.6 Percent. (Bureau Of Labor Statistics, Accessed 8/29/16)

Pennsylvania Has Lost 42,800 Manufacturing Jobs Under Obama

Under Obama, Pennsylvania Has Lost 42,800 Manufacturing Jobs. (Bureau Of Labor Statistics, Accessed 8/29/16)

Clinton's Harmful Economic Agenda Will "Make It Just A Bit Worse" By Shrinking Pennsylvania's Economy, Lowering Pennsylvanian's Wages And Costing Pennsylvania Jobs

The Wall Street Journal's James Freeman: "For Everyone Dissatisfied With The Obama Economy, The Clinton Agenda Promises To Make It Just A Bit Worse." "And although the Clinton tax hikes are ostensibly targeting the rich, with proposed changes such as a new surtax on high incomes and a Buffett Rule that sets a minimum tax rate on high earners, the Tax Foundation projects a decline of at least 0.9% in after-tax incomes for all taxpayers due to slower growth. So for everyone dissatisfied with the Obama economy, the Clinton agenda promises to make it just a bit worse." (James Freeman, "Hillary's $191 Billion Tax Increase," The Wall Street Journal. 1/26/16)

According To Analysis By The Tax Foundation, Clinton's Tax Proposals Would "Reduce The Economy's Size By 1 Percent." "According to the Tax Foundation's Taxes and Growth Model, Hillary Clinton's tax plan would reduce the economy's size by 1 percent in the long run." (Kyle Pomerleau and Michael Schuyler, "Details And Analysis Of Hillary Clinton's Tax Proposals,"Tax Foundation, 1/26/16)

According To Analysis By The Tax Foundation, Clinton's Tax Proposals Would Result In "311,000 Fewer Full-Time Equivalent Jobs." "According to the Tax Foundation's Taxes and Growth Model, Hillary Clinton's tax plan would reduce the economy's size by 1 percent in the long run. The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs. The smaller economy results from somewhat higher marginal tax rates on capital and labor income." (Kyle Pomerleau and Michael Schuyler, "Details And Analysis Of Hillary Clinton's Tax Proposals," Tax Foundation, 1/26/16)

According To Analysis By The Tax Foundation, Clinton's Tax Proposals Would "Lead To 0.8 Percent Lower Wages. "The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs. The smaller economy results from somewhat higher marginal tax rates on capital and labor income." (Kyle Pomerleau and Michael Schuyler, "Details And Analysis Of Hillary Clinton's Tax Proposals," Tax Foundation, 1/26/16)

OBAMA'S SIGNATURE LEGISLATIVE ACHIEVEMENT, OBAMACARE, IS FAILING PENNSYLVANIANS, BUT CLINTON CONTINUES TO TAKE CREDIT FOR ITS CREATION

Clinton Claims That ObamaCare Is Based On The Failed Healthcare Program She Created During Her Husband's Administration

Clinton: "Before It Was Called ObamaCare, It Was Called Hillarycare." CLINTON: "Before it was called ObamaCare, it was called Hillarycare, as you remember. I fought really hard. The insurance companies and the drug companies spent millions against me." (Hillary Clinton, CNN Democratic Presidential Town Hall, 3/4/16)

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Clinton's Campaign Promises To "Defend The Affordable Care Act And Build On It." "Hillary will: Defend the Affordable Care Act and build on it to slow the growth of out-of-pocket costs." ( Hillary For America, Accessed 4/21/16)

Pennsylvania Health Insurers Are Requesting An Average Health Insurance Premium Increase Of 23.6 Percent For 2017

Health Insurers In Pennsylvania Have Requested An Average 23.6 Percent Increase For Individual Plans And 7.9 Percent For Small Group Plans. "The Pennsylvania Insurance Department says the proposed premium increases requested by all health insurers doing business in the state average 23.6 percent for individual plans and 7.9 percent for small group plans. The proposal just became publicly available." (David Wenner, "New Obamacare Premium Proposals Threaten Sticker Shock In Pa." Penn Live, 5/25/16)

Highmark, Which Has More ACA Customers Than Any Other Insurer, Is Requesting Premium Hikes As High As 48 Percent. "Health insurer Highmark is requesting premiums hikes of as high as 48 percent for plans sold on the Affordable Care Act's online exchange. Another major insurer, Geisinger Health Plan, also is requesting hikes of more than 40 percent for some plans. The Highmark rate hike requests are especially noteworthy because Highmark has more ACA customers than any other insurer." (David Wenner, "New Obamacare Premium Proposals Threaten Sticker Shock In Pa." Penn Live, 5/25/16)

  • This Rate Increase Request Is The Highest Sought By A Health Insurer In Pennsylvania. "As it moves to stem the flow of red ink, Highmark is seeking state approval to boost rates for one of its Affordable Care Act plans by 48.10 percent effective in January - the highest rate hike sought by a health insurer doing business in Pennsylvania." (Kris B. Mamula, "Insurers Seek Hefty Rate Increases For ACA Coverage," The Pittsburgh Post-Gazette , 5/25/16)

UPMC Health Plan Requested Rake Hikes As High As 16.2 Percent. "Pittsburgh rival UPMC Health Plan asked for rate hikes of 16.2 percent and 0.9 percent for two plans offered on the government exchange." (Kris B. Mamula, "Insurers Seek Hefty Rate Increases For ACA Coverage," The Pittsburgh Post-Gazette , 5/25/16)

First Priority Life Insurance Co., Geisinger Health Plan, And Geisinger Quality Options Have Requested Double-Digit Rate Hikes As High As 41.23 Percent. "Other top rate requests include First Priority Life Insurance Co., 38.8 percent; Geisinger Health Plan, 41.23 percent; and Geisinger Quality Options, 40.68 percent." (Kris B. Mamula, "Insurers Seek Hefty Rate Increases For ACA Coverage," The Pittsburgh Post-Gazette , 5/25/16)

The High Costs Associated With Administering Healthcare To Participants In The ObamaCare Market Is Causing Major Insurers To Leave Pennsylvania

Pennsylvania Announced That UnitedHealth Will No Longer Offer Their Plans On The ObamaCare Exchange. "More than 12 state regulators have said UnitedHealth's main insurance arm will stop offering ACA exchange plans in their states next year. Tuesday, insurance regulators in Alabama, Texas, Pennsylvania, Connecticut, North Carolina, South Carolina, Colorado and Nebraska said they had been informed the company would withdraw in 2017, added to earlier disclosures by Oklahoma, Louisiana, Michigan, Georgia and Arkansas. A few states have also disclosed that UnitedHealth will remain in their exchanges next year-so far, this includes Nevada and Virginia." (Anna Mathews, "UnitedHealth Tops Expectations, To Leave Some Affordable Care Act Markets," The Wall Street Journal, 4/19/16)

  • According To Analysis By The Kaiser Family Foundation, United Health's Exit Will Leave 5 Counties And 172,724 Pennsylvania Residents With Only Two Insurance Options On The ObamaCare Exchanges In 2017. (Cynthia Cox And Ashley Semanskee, "Analysis Of UnitedHealth Group's Premiums And Participation In ACA Marketplaces," Kaiser Family Foundation , 4/18/16)

Aetna Will Not Have A Presence In The Pennsylvania Exchanges In 2017. "The company will maintain a presence on exchanges in Delaware, Iowa, Nebraska and Virginia, it said." (Robert Pear, "Aetna To Pull Back From Public Health Care Exchanges," The New York Times, 8/16/16)

  • Aetna Had 47,300 Enrollees In Pennsylvania In 2016. (Charles Gaba, "How Does Aetna's Announcement Impact Avg. Rate Hikes For 2017," ACASignups.net, 8/16/16)
  • With Aetna's Decision To Withdraw From Pennsylvania, The Requested Statewide Premium Hike Would Be 24.2 Percent, Up From 23.6 Percent If Aetna Had Decided To Stay. (Charles Gaba, "How Does Aetna's Announcement Impact Avg. Rate Hikes For 2017," ACASignups.net, 8/16/16)

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