Recently I wrote about the economic devastation that will be caused by the socialistic Obama health care bill, or ‘Obamacare.’
Reported yesterday, “Obama faces huge challenges in setting up health insurance exchanges.”
Many states, sixteen in fact, are refusing to set up their own health systems to comply with the so-called “Affordable Care Act.” (Obamacare) Obama’s plan was to avoid at the federal level some of the massive costs of this very socialistic “health” insurance giveaway by transferring the cost to the states. While this would not save any money in real terms, it would shift that portion of the responsibility away from the feds. In that way, Obama could claim, falsely of course, that his plan was actually saving money. That of course is ludicrous, even if all states complied.
Since many states will not create their own systems, the feds will have to come up with, and of course fund, a plan of their own. Several other states want a government-state partnership, a fascist marriage if you will, which means that the federal government would do most of the funding. Of course their are no funds available, and in fact huge deficits are evident, so any funding would come at the expense of the lowly taxpayer in one way or another as always.
The billions of dollars expected by the feds from the states to fund this monstrosity will now not be available, but since ‘Obamacare’ is already law, it will have to be funded in one way or another.
So much for this “free” health care to save federal money, not that it would have in the first place, but the costs will far exceed any projection, and the massive debt required to pay for all this “free” heath care will astound even those who actually believed the Obama lies!
This debacle will cause severe economic chaos, and will adversely affect business and individuals at all levels. The fallout will be devastating, and the cost out of control. Get prepared for very high medical costs, a very low quality of care, and long lines and waits for life saving medical procedures.
It was said by many that without this government mandated “free” health care, people would die in the streets, but the reality of this plan is that people dying in the streets, or in their homes, will become commonplace due to the expensive and inadequate care that will be the result of ‘Obamacare!’