Obamacare: The more you’re fined and taxed, the lower the cost:
WASHINGTON -(Dow Jones)- The CongressionalÃ¢â‚¬â€žBudgetÃ¢â‚¬â€žOffice said Thursday a U.S. House health-care system re-write would extend health insurance to 96% of the nonelderly U.S. population by 2019, and spend $1.055 trillion to do so.
Penalties imposed on individuals who did not purchase insurance, and employers who did not offer coverage to their workers, would raise $161 billion over that time-frame. That brings the net cost of the bill to $894 billion through 2019, CBO said.
House Democrats have seized on that net cost figure to claim that their bill is below President Barack Obama’s upper limit which he set for health-care legislation of $900 billion.
Stripping people of their freedoms is part of the legitimate budget process in Washington. What can possibly go wrong?
Welcome to Obamerica, where exercising your freedoms is a finable — and, as the inevitable follow-up, a jailable — offense. What does the Constitution say about this? Who gives a damn!
Prison conversations in the future will be interesting:
“What are you in for?”
“No health insurance.”
It would be nice if private industry could budget the way the government is doing with the Obamacare scam. “I’m opening a grocery store. It’s going to cost $10 million to construct and initially stock. Penalties imposed on all people in the city who don’t shop there will raise $3.5 million, bringing the cost of my project down to $6.5 million, which will be paid for by tripling the price of the food we sell to the next generation of shoppers.”
Passing thought: Why don’t they just find a way to fine people enough to cover the entire $1.055 trillion? That way the net cost of Obamacare would be $0! That’ll be covered in the next bill.
Fittingly enough, I ran across this Ayn Rand quote last week that addresses people like Obama who speak of service and sacrifice:
It only stands to reason that where there’s sacrifice, there’s someone collecting the sacrificial offerings. Where there’s service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master.
Update: Here’s a good column by Svetlana Kunin entitled Service.gov and its Soviet Similarities.
This falls in nicely with the above Rand quote:
As a former citizen of the USSR, I heard and experienced all of this before. I listen to the speeches by the president asking people to sacrifice and serve. So what are we to sacrifice? For what? And to whom? I think I get it now.
Fortunately I believe more and more Americans are starting to get it. The future of America as we know… er, knew it… will depend on whether or not there are enough people catching on fast enough.