Obamacare costs rise even before bill hits senate
It is simply impossible to extend health-care benefits to an additional 32 million people without significantly increasing cost. As we know, as government costs go up, taxes go up. The government has never shown any indication of trying to reduce it’s own costs, as evidenced by the $4,700 pay raise congress has given itself this year, while the unemployment rate climbed from 7.2% in December 2008 to 10.2% in October.
In a report (available from Politico) issued by Richard Foster, chief actuary at the Centers for Medicare and Medicaid, shows the cost of Obamacare would increase from $11.6 billion in 2010 to $146.4 billion in 2019, a 1,162% increase. This does not include administrative costs which would cover 31 new federally funded agencies, programs, commissions and mandates at significant cost to the tax payer.
In a statement released Friday, House GOP leader, John Boehner said, “If President Obama wishes to demonstrate a newfound commitment to fiscal responsibility, he should call on congressional Democrats to support strict budget caps that limit federal spending on an annual basis…”
Instead, Obama has significantly increased spending through a farcical “stimulus” package which seems to have been modeled on Herbert Hoover’s failed plan that led to the lowest point in the Great Depression. This “stimulus package” has increased government spending, created public sector (government) jobs which also increases government spending, and has done nothing to slow the rapidly growing private sector unemployment rate as promised.
The answer is simple. Tax cuts create jobs. Increased government spending (read tax hikes) creates unemployment. As taxes increase on employers, it makes it far less likely they can afford to hire, or even maintain current levels of, employees. Of course, social liberals will rage about the top percentage being able to afford tax hikes, which is true, but the top percentage didn’t become the top percentage by paying taxes. They can afford teams of accountants who find the loopholes intentionally left by the very wealthy politicians, like Obama for example, who “raise taxes for the very wealthy” but always leave themselves a way out.
Who these tax increases really hurt are the small businesses who must operate within their means, something career politicians are completely ignorant of. These tax increases are inevitable, and will be deep and far reaching, to pay for a government take-over of health care. Raising these taxes, while putting hundreds of thousands of health insurance employees out of work, will lead to a total breakdown of capitalism, which raises the question of whether this is Obama’s intent. A man who wants to take over and provide every social service to every citizen, while surrounding himself with self proclaimed communists and socialists, and causing the national debt to at least triple over the next decade to pay for this, is no fan of capitalism.
Supporters claim that the costs will be offset by reducing Medicare by billions of dollars. Would this reduction be in addition to the $47 billion dollars in fraudulent claims, like orthopedic shoes for leg amputees, that were approved under this government run health care agency?
There are very, very few Americans who need insurance and can’t get insurance in this country. Those who cannot afford it, can receive Medicaid. A majority, approximately 80%, of Americans receive health insurance from their employers. The majority of those who do not have health-care, choose not to have it for various reasons. As for the illegal aliens, I don’t care if they have health-care. They shouldn’t be here anyways.
We need to realize that minimum wage jobs are not meant as careers. They are for teen-agers who need a few bucks to put gas in their car. If you are “stuck” in one of these jobs, there are government programs to help you receive training, go to school, etc. Laziness is no excuse for not bettering your position in life, and it is unfair to place the burden on productive, tax paying citizens.
