Posted on 09/26/2013 12:47:26 PM PDT by whitedog57
The Patient Protection and Affordable Care Act (aka, Obamacare) may be the worst piece of legislation ever passed by Congress and signed by a President .. and that covers a lot of ground.
Why is it so bad? For one, do you REALLY want government in charge of your healthcare? Other than that, Obamacare distorts the healthcare market enormously. See the American Action Forum for an excellent analysis.
And Obamacare varies quite a bit by state. Socialist Democrat states like New York, New Jersey, Vermont, Rhode Island and Taxachussets will have lower Obamacare premiums on average. All other states, hold on to your wallets! (I am surprised that California didn’t catch a big Obamacare premium break or waiver).
tumblr_inline_mkc41bvv891qz4rgp
To pay for the elderly, the poor and illegal immigrants, Obamacare requires the healthy and young to foot the tab.
obamacare-premiums-620xa
Obamacare premiums will skyrocket for young males. But unless young males want to pay for birth control and other mandated expenditures, they may want to pay a penalty … which is less than the cost of Obamacare premium. That is why President Obama and “navigators” are scouring college campuses to get you to do something that is NOT in your best interest.
obamacare-penalties-620xa
Of course, young people are faced with higher taxes (Obamacare) and declining median household incomes. My suggestion if you want to eventually buy a home? PAY THE OBAMACARE PENALTY AND DON’T BUY GOVERNMENT INSURANCE! And you will have the FHA to insure mortgages for the slim down payment that you may have accumulated.
But wait! The FHA is crawling to Treasury to plead for $1 billion to $1.5 billion to plug a budget shortfall, according to three people familiar with the agency’s finances. So we may see Congress push the FHA for an increase in the down payment from 3.5% to 7.5%. That will further dampen young people’s home ownership hopes.
But aside from the distortionary effects, IRS can’t account for $67 million from the ACA implementation fund.
And the healthcare exchanges are costing $5.3 billion and 16 million hours to develop.
And Obamacare creates two new entitlements projected to cost nearly $1.8 trillion over the next decade.
And don’t forget that Congress has been waived from entering the Obamacare exchanges. Along with zads of other special interest groups and political cronies.
While millions may get a great deal (like illegal immigrants and half the nation who qualify for Obamacare subsidies ), millions will have to pay a lot of money for their healthcare. It was all about wealth redistribution from the start since simply raising taxes is so unpopular.
So while the FHA tries to help households with thin accumulated capital, Obamacare makes it more difficult for the youth to purchase a home EVEN WITH THE FHA 3.5% down mortgage.
I’m already paying for the casino going elderly....my medicare tax is ridiculous....its more than the elderly pay each month....and of course my premiums and my deductibles and copays make health care free for all those illegals and dead beats...
I thought you had to have 20% down to buy a home?
The IRS illegally targets Republicans by stonewalling their tax-exempt status applications. The IRS oversees 0bamacare. The IRS will continue to target Republicans under 0bamacare by DENYING THEM COVERAGE AND TO ‘LEAVE THEM FOR DEAD’.
B.O and Moochie said that we would have to get used to "change."
Yep I read somewhere that a healthy young man paying $50 a month for bottom of the barrel insurance will have to pay around triple that under ObamaCare and he won’t really get better coverage because there is a very very high deductible.
And your voting record is published online in some states and on findthedata.com
Interesting. Didn't know about them.
http://fl-voters.findthedata.org/l/9006505/Rush-Hudson-Limbaugh
I was surprised not to find Massachusetts. They used to post the voting lists on signs in the precincts.
Thank you. I am going to use her quote.
I have asserted from the beginning that this is the primary purpose of nationalized healthcare - so the gov’t can target political enemies for denial of healthcare.
I live in S Fl part time and I wish folks could hear what these liberal lowlifes say....they believe its their RIGHT to take your money!
Of all the places Ive ever been...4 continents about 30 countries and an arab jail the S Fl seniors are the WORST!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.