“That’s exactly why. The Koch Bros. types agree with Soros more than they disagree. Socialized medicine, open borders, etc. They love it all.”
Big business offloaded the cost of retirement on employees in the 1990’s and 2000’s when 401K and IRA plans replaced defined benefit pensions. Over time employer matches to 401K plans have been reduced or eliminated. The savings went to higher compensation for executives and the bottom line.
The hidden agenda of business today is to get out of the healthcare insurance business by having Congress pass single payer, government financed, medical insurance. Obamacare will not be repealed because it will ultimately be the foundation for single payer. Medicaid was expanded during the first round of Obamacare. When the Democrats regain power, expect Medicaid to be expanded again resulting in more people in government paid medical care. In addition, the first phase of “Medicare for all” will be implemented with employers and employees “voluntarily” paying into a government health insurance plan similar to Medicare. Employer contributions will be fixed so over time increasing costs are paid through higher employee premiums and government subsidies. The private insurance industry will go away since it will not be competitive with government subsidized “Medicare for all”.
Even if the GOP retains both houses of Congress, don’t expect another vote for full repeal of Obamacare. Don’t expect the wall to be funded either.
There's nothing "hidden" about this. In fact, anyone with an ounce of business sense should see the wisdom of this approach. Same goes for the 401(k) plans and IRAs replacing defined benefit pensions.
It's ludicrous for Americans to live in a dream world where employers are expected to pay for their employees' medical insurance, and to pay exorbitant costs associated with people who aren't even working anymore and contributing to the employer's bottom line. If you work for me you wouldn't expect me to pay your auto insurance and life insurance premiums, would you?
Even before Obamacare was passed, we had a business climate in this country where employers had a huge incentive NOT to hire people ... because each new employee brought too many overhead costs that often could not be justified in a competitive environment.