Obamacare is principally a huge wealth-redistribution scheme

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Little-Acorn

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Jun 20, 2006
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I've said before that Obamacare is basically a wealth-redistribution scheme, using "health care" as its excuse. In fact, it's simply a tax increase. A mandatory one, inevitably.

And coming at the worst possible time for the American people as they did their way out one of the longest recessions in living memory.

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Blog: Common Core third grade book goes full Dear Leader on Obama

Common Core third grade book goes full Dear Leader on Obama

by Thomas Lifson
November 27, 2013

.... it is becoming clear that Obama's two terms will be regarded as a failed presidency. His "signature achievement," Obamacare, is a mess, and it won't be fixed by any of the remedies proposed. The website problems are the least of it. The Big Lie on keeping your insurance and keeping your doctor now looks as though it will reach about half the population of the United States, once employers start dumping their insurance.

It is axiomatic that a president who screws over half the population of the country in the most personal way cannot be regarded tenderly by history. By in effect imposing a massive tax increase disguised as health insurance cost increases, after promising that health care costs would go down, he risks what I have dubbed the Obamacare Recession hitting the country hard next year. Families are going to have cut spending on all sorts of discretionary purchases, restaurants, hard goods producers, housing, and almost all other sectors of the economy are going to be hit hard.

Then there is the matter of families losing their trusted physicians and access to first rate treatments. Cancer patients and others with life threatening illnesses are going to die. Obama lied, people died. The formerly sycophantic media cannot ignore these stories, for they will be legion, they are compelling, and people are interested in them. The old media monopoly is shattered. The blogosphere, Fox News, and social media will spread these compelling human tragedies no matter how assiduously the New York Times averts its gaze.
 
People who had coverage being dropped and forced to buy policies that they didn't want or need
who now have to pay more to fund those who did not have coverage.

Those who have are being punished for having.
Those that have what did they do wrong?
 
Well yeah, it is. Principally, and realistically speaking.

1. Take from the haves, give to the have nots. (IE take people off their insurance)

2. Make the haves the same as the have nots, as a result the haves are have nots; and everyone now becomes a have not.

3. Issue a mandate that the haves (who now have not) are required to buy the same insurance the have nots have to buy, or be punished.

Bingo, wealth redistribution.
 
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That has always been the stated purpose of Obamacare – to get those without insurance and those that cannot get insurance on insurance at subsidized rates. The really laughable part about this are the actual targets of that redistribution. Typically the left chases the rich but in this case they were not the targets. The YOUNG and HEALTHY are. Essentially, the middle class. If that is not fucked up I don’t know what is.

Pretty much everything that we are doing now is aimed at obliterating the middle class as if that process needed anymore help. It is asinine.
 
I've said before that Obamacare is basically a wealth-redistribution scheme, using "health care" as its excuse. In fact, it's simply a tax increase. A mandatory one, inevitably. ...

You know... I actually wish that's what it was. At least if it were simply a tax increase, voters would have some nominal control over how the money is spent. But that's NOT what it is. It's a massive wealth transfer to the vested interests in the health care and insurance industries. If we want to view it as a tax, then we have to recognize that it's the insurance companies who are 'taxing' us. In that sense, it's truly "taxation without representation".
 
No one above has the slightest idea as to what is wealth redistribution.
 
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