If Wisconsin is typical to the larger national scene, the promises of reduced individual costs were lies from the very beginning. In a local blog, Reason, Hit and Run, that author discusses the Wisconsin circumstance as relates to ObamaCare:
" . . . . . . expanding the state’s health insurance coverage will come at a significant cost to hundreds of thousands of individuals, especially within the individual market, where the law has the greatest effect. Gruber projects that the average individual market health insurance premium will cost about 30 percent more than if ObamaCare had never passed. For most individual market enrollees, the average premium increase will be even higher: 87 percent of the individual market is projected to see a premium price increase of 41 percent."
A man named Gruber, is mentioned in the above quote. Who is he? Well, for starters, he is one of the authors of ObamaCare and a supporter of the law. He is not a "right wing pundit." And it is he who is telling anyone who reads that ObamaCare is not about to accomplish what its political supporters claim as its primary purpose. And what was that? Save the American taxpayer money. Ain't going to happen.
What is worse is the fact that ObamaCare will miss its primary objective by an embarrassing margin. Five years from now, the younger tax paying generation will have a huge tax bill to pay on top of a repressive health care obligation. Impossible.
Maybe it is time to stop voting for Big Government, Establishment politicians in both parties. Understand that we as individual in a gluttonous, self serving society, are about to be asked to change the way we live because --- if we don't --- the nation will run out of money to spend. And if our international creditors decide that their "investments" are at serious risk, the US Government will have to suddenly come up with as much as 40% more than it currently requires from the tax paying American population.
Think about that, for just a moment. We, as a nation, overspend our income by a total of 41%. Without our international investors, our individual tax burden will need to be increased by that amount . . . . . . . . 41%. Your tax burden will have to be increased by 41%. If your current tax bill is $7,000, annually, your new tax bill could be $1o,000, almost overnight, based on your present income. That represents nearly $300 less in available monthly funds, just to cover your new tax bill. How would that work for you? Where would you make the cuts in personal spending to allow for this increase?
Of course, that is an impossible situation, which means that serious, draconian cuts are on the horizon, nationally. Our choice on this matter is to either plan for those cuts, or wait until disaster strikes and cut without a plan, beginning with entitlement funding and personal spending.
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