Friday, September 27, 2013

"ObamaCare Is Incompatible With Fiscal Responsibility"--- And Will Undermine Our Freedom

Liberty Is Never Safer Than When The Politicians Are Terrified...Sen. Ted Cruz

Note: Several weeks after this was posted, it was reported the Obamacare website was a cluster f*ck. In addition, the government already spent over $500B on this piece of garbage---further reinforcing the claim the law is incompatible with fiscal responsibility.
  • In 2008, Pres. Obama said we were days away from "transforming" America. Several days ago, he said we are days away from finishing the job. Although he was referring to ObamaCare last week, he was also referring to his transforming vision of America---by having more government intrusion into our lives. In the case of ObamaCare, it will be a significant loss of our freedoms (After what we learned about the NSA and the IRS  in the last year, can we trust the government having even more access to intimate details of our personal lives?).
  • Unfortunately the consequences will be even more severe. As my headline from Michael Needham of the Heritage Action For America group makes clear, the cost of this entitlement will be unsustainable. When ObamaCare was presented to the American people, many promises were made and many have already been broken (the infamous "you can keep your doctor" claim by Pres. Obama is just one example of many. Even CNN's fact-checker said the claim was FALSE). In fact, as many studies have now shown, ObamaCare will also cost more than first promised (we predicted that here 2 years ago). Three years ago, the estimated cost over a ten-year period was $940 billion. That's now ballooned to $1.7 trillion. You can make a safe bet that number will increase again. For example, in 1965, Congress estimated Medicare Part A would cost $9 billion by 1990. The actual cost: $67 billion. Medicare spending in 2010 was?---$560 billion. Get the picture? Understand this lesson: everything the government ever predicts about projected costs are never accurate and never have been. So what do you think will occur with ObamaCare?
  • And then there's this: 1-It will destroy the 40 hour work week (already happening). 2-It will shatter hard-earned benefits. 3-Will relegate employees to second-class status. Who predicted that?---Jimmy Hoffa in his letter to Harry Reid and Nancy Pelosi last July. Jimmy Hoffa is the president of the Teamsters. The letter was also signed by presidents of two other major unions. By the way, these very same union heads supported ObamaCare in 2010. They ended their letter with this prediction: "We continue to stand behind real health care reform, but the law as it stands will hurt MILLIONS of Americans including members of our respective unions." I couldn't have said it better.
Sidebar: As I write this, the Senate passed the continuing resolution---stripping the provision defunding ObamaCare.