Today, the Democrats secretly unveiled their new election slogan, “For the People“. The Dims are supposedly going to focus on healthcare, infrastructure spending, and Republican corruption.
Yes, they should fix the healthcare debacle that they created. Remember Nancy and her famous justification for passing the bill, “We have to pass it to find out what’s in it!“? We found out that it benefits the few at the expense of the many. Great deal. What the Dims want to do is double down on Obamacare as their fix.
What gets ignored in the debate about the current fiasco of healthcare is that it hurts the MIDDLE CLASS THE MOST. For those that work for a large employer, they may not have seen much of an effect, but long term the employer couldn’t give out raises because of these increases in healthcare costs. Someone ends up paying for the increased cost and it’s the worker in the long run. Why do you think that wages have stagnated? More on this below.
Small business owners are hit hard if not the hardest. Some business owners have made the decision to limit the growth of the companies to stay below the 50 EMPLOYEE healthcare mandated ceiling. Above 50 employees the rules for an employer paying healthcare dramatically changes. More people could have been employed but it doesn’t make financial sense to take the step over 50 to many business owners.
What you end up creating is TWO CLASSES. Wealthy and poor. Those in the middle are burdened by the yoke of healthcare. How big of a burden is it? In real dollars I can tell you that for an individual healthcare is about $10,000.00 per YEAR. A family of 4 must spend about $25,000.00 per YEAR. And remember that’s for INSURANCE ONLY, NOT COVERAGE. They don’t tell you that you need to spend those dollar figures before your coverage starts. And in most cases, the coverage is only 80%. Another great deal.
A recent study shows that the percentage of businesses comprised of startups and small businesses is declining. Why is this? I suspect it has to do with economies of scale. Large businesses have a distinct advantage over the small company because they can negotiate for lower healthcare insurance costs as well as paying for staff to navigate the morass of regulations and taxation mandated by state and federal governments.
Why are healthcare costs HIGH and INCREASING? With the passing of Obamacare we found out that inside of the legislation, those in the MIDDLE CLASS must PAY for those who are “UNINSURED”. Legislation “For the uninsured people“. Socialist wealth re-distribution. Feels good to force working people to give their hard earned dollars to others. Social justice from above. Obamacare is a TAX that is buried inside of healthcare premiums. If the Dims were honest (which is an unlikely scenario for any politician) they should have proposed HIGHER INCOME TAXES to pay for FREE healthcare “For the uninsured people“. It would have only been a 5% to 10% increase in income tax. Those forcibly obtained dollars would have easily provided insurance “For the uninsured people“. Do you think a 10% income tax increase would have been popular?
Here’s that sad part. Many in the working class have, on top of their increased healthcare costs, also LOST the equivalent of that 10% TAX. If you didn’t get a raise or you received a smaller than usual raise since the beginning of Obamacare, you’ve fallen behind at least 10% in your yearly income. If the business owner could have given you a 1.25% raise per year for the past 8 years of Obamacare’s existence, your pay rate would be more than 10% higher than it was before Obamacare. Even if you get cost of living raises from now until you retire, remember you’re still losing that 10% of earnings for the rest of your working career.
Democracy (ahem SOCIALISM) at its best.
Feel better now?