White House backs away from Obamacare as economic plus
March 19, 2012 8:27 pm
So… an enormous bureaucratic black hole, even larger than the EPA and the Department of Education, is not the source of an economic boom?!! Oh my God, who would have thought…. oh wait, everyone.
uh, maybe because it’s going to break the US economy by 2027 (not that i seriously believe we will still be a “country” by then, if things don’t change)
or that the accounting errors, were OOPS off by 1/2 it’s going to cost twice as much, and oh, there’s the abortion (LIE!) funding in there. compulsory …
big cauldron of poo
And just last week, the Congressional Budget Office (CBO) estimated that costs, originally pegged at $938 billion, have now risen to $1.76 trillion. Congressional Republicans estimate the tab to be $2.6 trillion. CBO also says that as many as 20 million Americans could lose their employer-provided coverage because of Obamacare.
Turning to the individual mandate forcing all Americans to buy insurance, it quickly led to a revolt by a majority of states, who are now challenging the law before the Supreme Court. The Heritage Foundation weighed in on the issue and filed an amicus brief urging the Court to strike down the law. If government can regulate inactivity, it can do anything.
The only complete remedy is the full repeal of Obamacare in all of its aspects. “