Pain for average Americans will continue on schedule.
October 17, 2013
The establishment media is making hay about the end of what they call our long national nightmare – the government shutdown that wasn’t a shutdown. Senate Democrat Harry Reid and Republican comrade Mitch McConnell make it sound like a miracle occurred when Congress finally reached an agreement to continue the interminable shakedown of the American people and their children’s children.
Corporate media celebrates “reopening” of government
The establishment media refuses to discuss the initial reason for the shutdown – an effort to defund the Obamacare monstrosity, a principled effort that ultimately failed. Meanwhile, in the real world out here beyond the confines of the District of Columbia, the horror of Obamacare lives on as people open letters from their insurance companies.
“There’s going to be a number of people surprised” by their bills, Jonathan Wu, a co-founder of ValuePenguin, a consumer finance website, told the San Jose Mercury News. “The upper-middle class are the people who are essentially being asked to foot the bill, and that’s true across the country.”
In September, before the government non-shutdown carnival pitched its tent, Obama’s Department of Health and Human Services walloped us upside the head with a range of startling statistics. “Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97 to 99 percent, and for younger women by an average of 55 to 62 percent,” Forbes warned.
Obamacare is no different than any other government scheme. It is designed to fleece the horde and redistribute crumbs to preferred official minorities. “Middle-class Americans face the double-whammy of higher insurance premiums, and higher taxes to pay for other people’s subsidies,” Forbes notes. “For months, we’ve heard about how Obama care’s trillions in health care subsidies were going to save America from rate shock. It’s not true. If you shop for coverage on your own, you’re likely to see your rates go up, even after accounting for the impact of pre-existing conditions, even after accounting for the impact of subsidies.”
The mandated scheme depends on standard government bizarro world physics in order to operate. In the normal world, young, healthy people would pay less and older, less healthy people would pay more, as the laws of economic reality dictate. “Most policy analysts concur that average premiums will go up for younger, healthier people – and that they will get better benefits than they do now – but that rates may fall for older or sicker Americans, as new rules go into effect Jan. 1. Increases may be offset for many of those buying coverage through tax credits available to people with low and moderate incomes,” reports NBC News.
But the reality of Obamacare – it will further erode the middle class – is almost completely lost on establishment Republicans. Arizona Senator John McCain, for instance, is more concerned about partisan bickering. On Wednesday, he told NBC News the supposed government shutdown has damaged the confidence of the American people in the government. He characterized the effort by a minority of House Republicans as “a fool’s errand” and said Congress had “inflicted pain on the American people that was totally unnecessary. We cannot do this again. We, Republicans, have a hole that we’ve got to come out of and obviously we’re going to have to do a lot of work.”
That “work,” widely loathed by an overwhelming number of Americans, will obviously not include saving the middle class or mitigate the apparently endless cycle of expropriation from the producers and redistribution to government selected minorities and victimhood groups.
Pain for average Americans will continue on schedule. The failed effort by Tea Party-tinged House Republicans to get a handle on the budget and spare us from the ravages of Obamacare will, if anything, serve as an object lesson. Short of more drastic and less symbolic measures, the looting and impoverishment of America will move forward.
This article was posted: Thursday, October 17, 2013 at 11:41 am