Most Recent Video from Absolute Wealth Helps Define Obamacare

Share Article

“The Good, the Bad, and the Gorrie” weekly video tries to work through the wordplay involved in the Obamacare ruling.

Absolute Wealth and the Independent Wealth Alliance

The video aims to answer the importance behind the question of Obamacare being a penalty or a tax. Who is calling it what, and why does it matter so much?

Absolute Wealth’s Managing Editor James R. Gorrie has published the latest installment of “The Good, the Bad, and the Gorrie” video series.

This week, Gorrie is describing the game of politics and economics wordplay that is mixing up the public perception of the Supreme Court’s ruling on President Obama’s healthcare platform.
The video aims to answer the importance behind the question of Obamacare being a penalty or a tax. Who is calling it what, and why does it matter so much?

“In the Supreme Court,” says Gorrie, “they argued it as a tax, and that Obamacare is justifiable under the taxable authority of the federal government.”

The European and Chinese problems are influencing global economics, and the U.S. environment isn’t full of much sunshine either, according to the video. Gorrie describes the difference a switch of words can make.

A tax in a recessionary time like this would be perceived as “the kiss of death,” Gorrie declares. Hence, the Administration tags the healthcare plan a penalty to desperately defend the 2012 campaign efforts. View the rest of the video to get the rest of the explanation.

“The Good, the Bad, and the Gorrie” is a reoccurring series appearing on Absolute Wealth’s YouTube page (viewers can search for the AWPublishers channel) and featured on facebook.com/AbsoluteWealth.

Comments and opinion sharing is encouraged through all of Absolute Wealth’s social media outlets, including their Facebook, YouTube, and Twitter pages. Whether they agree with the content or not, Absolute Wealth knows that thoughtful and insightful comments always add to the conversation.

James R. Gorrie has more than eighteen years of financial advisory experience. He holds a BA in economics, and attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy. Gorrie writes daily articles on current macroeconomic and investment topics, Special Reports, and analyses on geopolitical events around the world that affect the market.

Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Paul Norwine
Follow us on
Visit website