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Thread: The Hidden Economic Damage of Obamacare

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    The Hidden Economic Damage of Obamacare

    Obamacare resulted in big increases in the fiscal burden of government (ironically, it would be even worse if Obama hadn’t unilaterally suspended parts of the law).
    The legislation increased government spending, mostly for expanded Medicaidand big subsidies for private insurance.
    There were also several tax hikes, with targeted levies on medical device makers and tanning beds, as well as some soak-the-rich taxes on upper-income taxpayers.
    These various policies are bad news for economic performance, but the damage of Obamacare goes well beyond these provisions.

    http://finance.townhall.com/columnis...5917/page/full

    Liberals and Obamaphiles are unable to dispute the damage Obamacare costs, but they are good at throwing $#@! at anyone who wants this program canceled. So start flinging, libtards. It's what you are good for.

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    Peter1469 (06-26-2014)

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    They voted for it. Now let them pay for it.
    ΜOΛΩΝ ΛΑΒΕ


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    Mainecoons (06-26-2014),Ransom (06-26-2014)

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    Mainecoons's Avatar Senior Member
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    Trouble is we are all paying for it.

    It is an amazing success. Succeeds in selling mostly bad insurance to about 20-25 percent of the insured, swelling the Medicaid rolls, screwing up Medicare, and creating yet another opportunity for the IRS to oppress the people.
    “Any man who thinks he can be happy and prosperous by letting the government take care of him had better take a closer look at the American Indian.”. Henry Ford

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