Heath Care Issues Top List of Americans’ Anxieties, Followed by Dysfunctional Government

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

American’s have become sick of the federal health care exchange site. It happened so quickly, as a matter of fact, that they now worry about health care as the country’s most severe problem. Next on that list is dysfunctional government. Of course, the two are closely related. Dysfunctional government is at the core of the lack of ability to deliver on the one thing the Obama administration says it has done to solve what it calls America’s largest problem.

According to a new Gallup poll:

Americans’ views of the 2010 healthcare law have worsened in recent weeks, with 40% approving and 55% disapproving of it. For most of the past year, Americans have been divided on the law, usually tilting slightly toward disapproval. The now 15-percentage-point gap between disapproval and approval is the largest Gallup has measured in the past year.

Even unemployment, which has plagued the economy more than any other factor since the start of the recession, probably has been pushed down the list.

Beyond the concern about the government’s ability to function is a belief that goes beyond the execution, or lack of execution, of health care programs. Gallup further reports:

The timing of this drop in approval of the law suggests it may be linked to the controversy over the millions of Americans losing their current health insurance coverage.

In fact, in an open-ended question probing Americans’ reasons for approving or disapproving of the law, 11% of those who disapprove specifically mention losing their insurance. Another 7% say the president lied about details of the law.

These are not the most common reasons for disapproval, however. The leading complaint is a philosophical objection — government interference or forcing people to get healthcare — mentioned by 37% of those who disapprove. Twenty-one percent believe the law will increase costs and make healthcare less affordable. Eight percent specifically mention planning, design, or website problems; another 8% say the law is “not working.”

Simply put, Americans think they have been lied to. That cannot be undone in a day, a month or probably a year. This is particularly true if the new insurance programs that have been promised actually never become available — or are not financially, and in terms of health care coverage, a good bargain. As for now, the tools to prove otherwise are broken and there is no timetable for when they will be fixed.

odlyushz0e-mo_tdwkh_aw

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618