g5000
Diamond Member
- Nov 26, 2011
- 125,321
- 69,003
- 2,605
The are several costs in ObamaCare. Chief among these are health insurance subsidies to people who earn up to 400% above the poverty level and radically increasing the number of people added to Medicaid.
These costs were supposed to be paid for with tax increases, fees, and cost cutting measures (such as automating record keeping).
Right out of the gate, the government began waiving many of these tax increases. This means right out of the gate many, many, many dimes were being added to the national debt.
The ACA also uses many accounting tricks to make ObamaCare look revenue neutral for the first ten years.
What you were also not told is that the federal government pays for all the added Medicaid enrollees for the first few years. After that, the tab falls onto the states. So your state taxes are going to skyrocket, or your state will have to dropall those people who were added (with the sure result of riots in the streets if they do).
And on top of all that, ObamaCare did not address the main argument used to get it passed: the reduction of rising health care costs. Remember all those charts about per capita spending on health care compared to other countries?
Bait and switch, boys and girls. ObamaCare does not bend the cost curve down. In fact, it further entrenches things which bend the curve upward, like employer-sponsored health insurance (whic is a labor union boondoggle).
This was not about solving the cost of healthcare. This was about creating massive government dependency.
These costs were supposed to be paid for with tax increases, fees, and cost cutting measures (such as automating record keeping).
Right out of the gate, the government began waiving many of these tax increases. This means right out of the gate many, many, many dimes were being added to the national debt.
The ACA also uses many accounting tricks to make ObamaCare look revenue neutral for the first ten years.
What you were also not told is that the federal government pays for all the added Medicaid enrollees for the first few years. After that, the tab falls onto the states. So your state taxes are going to skyrocket, or your state will have to dropall those people who were added (with the sure result of riots in the streets if they do).
And on top of all that, ObamaCare did not address the main argument used to get it passed: the reduction of rising health care costs. Remember all those charts about per capita spending on health care compared to other countries?
Bait and switch, boys and girls. ObamaCare does not bend the cost curve down. In fact, it further entrenches things which bend the curve upward, like employer-sponsored health insurance (whic is a labor union boondoggle).
This was not about solving the cost of healthcare. This was about creating massive government dependency.