ObamaCare - What they aren't telling us
August 21st 2009 13:57
First, I want to state that I am a Libertarian. I was just as vocal when the Bush Administration was in power as I am now. I just didn't have this blog. So when you post your comments, don't make the ASSUMPTION that I was in favor of most anything done by the previous administration either. I am just sick and tired of being lied to! Obama is no different from Bush in that regard. He promised us more accountability and transparency in the government, and proceeds to do everything behind closed doors! Now for today's blog.
One of the things we are hearing about right now is the 'Public Option'. It sounds good, but then the politicians are great at giving bad ideas good names. It's really a Trojan Horse that will lead to socialized medicine. The "public option" is tax-subsidized government insurance that would charge lower premiums than private companies could afford to match -- that's the whole point of the tax subsidy. This would eventually drive private health insurance out of business, leaving us with a "single payer" government system. The so-called "single payer" would really be ALL taxpayers, because taxes would fund all health care. In other words, public-option equals single-payer equals socialism.
I also need to address the cost of this plan. The CBO (Congressional Budget Office) has estimated the cost of this program at 1.2 TRILLION dollars. But that's not the whole story. Their estimate is only for the period of time BEFORE full implementation of the plan. The actual cost will be at LEAST 50% higher than that! Plus this healthcare plan imposes many other hidden costs that are not reflected in the federal budget. This is one of the tricks Republican Governor Mitt Romney used to pass his train-wreck health care bill in Massachusetts, and now the Democrats in Congress are pursuing the same fraudulent course. The big health care bill imposes mandates on the states, on employers, and on individuals. These mandates will result in massive expenses, NONE of which are included in the CBO's estimate that the bill will cost taxpayers $1.2 trillion over 10 years. State governments will have to spend more on Medicaid, which you will pay through higher state taxes or increased debt. Many employers will have to buy health insurance for their workers, or pay a fine to the government. These increased costs to employers may result in lower wages or increased unemployment -- probably both. Individuals who don't currently have health insurance will have to buy such insurance, by law!
These expenses aren't included in the estimated cost of $1.2 trillion. Michael F. Cannon of the Cato Institute sums it up . . .
"President Barack Obama’s plan would commit states to increase Medicaid spending (governors are furious) and require individuals and employers to spend more on health insurance (Obama’s top economist, Larry Summers, says those mandates 'are like public programs financed by benefit taxes'."
PLEASE contact your federal representatives and tell them you oppose the Big Government Health Care Bill.
One of the things we are hearing about right now is the 'Public Option'. It sounds good, but then the politicians are great at giving bad ideas good names. It's really a Trojan Horse that will lead to socialized medicine. The "public option" is tax-subsidized government insurance that would charge lower premiums than private companies could afford to match -- that's the whole point of the tax subsidy. This would eventually drive private health insurance out of business, leaving us with a "single payer" government system. The so-called "single payer" would really be ALL taxpayers, because taxes would fund all health care. In other words, public-option equals single-payer equals socialism.
These expenses aren't included in the estimated cost of $1.2 trillion. Michael F. Cannon of the Cato Institute sums it up . . .
"President Barack Obama’s plan would commit states to increase Medicaid spending (governors are furious) and require individuals and employers to spend more on health insurance (Obama’s top economist, Larry Summers, says those mandates 'are like public programs financed by benefit taxes'."
PLEASE contact your federal representatives and tell them you oppose the Big Government Health Care Bill.
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