Also add that the Insurance Companies are the ones that pay the majority of the Hospital bills. Where will the Hospitals get revenue from as no one will buy insurance?
I was going to ask the trickle down question tomorrow.
Good ketch
http://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy
Also— as the insurance companies revenues fall, their stock values will fall, pissing off stockholders. Even some of those stockholders are wealthy enough to not care about the cost of Obamacare, but they don’t like to see their investments tank.
When investments in over 18 percent of the economy start to tank, it drags down the entire stock market. This will be a perfect example of ‘The Domino Effect’.
Doctors will leave the system & retire or go do something else. Other threads here have said that doctors need to know that they will need 9 months to 12 months of operating capital on hand when Obamacare kicks in because they won’t be getting paid for a very long time. It already takes up to 180 days for some Medicare payments to be paid to the docs.
Hospitals won’t be able to keep the doors open. Payments for new technology & machines won’t be made timely. Drug companies won’t get paid timely. Do all these entities have 12 months of capital on hand to keep going?
Collapse will be deadly.
How much NEW revenue was Obama expecting to have from all the companies who no longer have health care premiums to deduct from their bottom line???
Then- when the average homeowner learns that if he doesn’t pay an outrageous premium for Obamacare & is facing JAIL or worse, how long before mortgage payments become delinquent & another BIGGER round of foreclosures hits the American economy?
These same homeowners have paid their mortgage payments for years & now have only 30 hours a week instead of 40 in their paychecks...a 25% drop!. Then add in the Obamacare premiums & chaos will hit VERY SOON!!!
Start connecting the dots-—Obama wants CHAOS and he is getting exactly that....Mark my words.