A report was issued by the Congressional Budget Office, yesterday, that contained two very useful nuggets of information.
1. Despite trillions in spending and the vast expansion of the Federal bureaucracy, the number of uninsured will be unchanged after Obamacare.
2. 2.5 million jobs will be destroyed
Democrats have been treating the reduction in jobs as wonderful news. In their spin, the reduction in jobs means workers will be “liberated” from “job-lock,” in other words, they will no longer have to work full-time to have health care insurance.
So, in other words, the workers have nothing to lose but their chains.
And the reason they will be able to work part time… or not at all… is because those who are working full-time will be subsidzing their insurance through higher taxes and higher insurance premiums. Those who work less, or not at all, will get Government subsidies to cover their insurance. Those who work more will not.
So, in other words, from each according to his abilities, to each according to his needs.
It is not so often that the left comes out and admits that this scheme of confiscating the earnings of the productive to subsidize the unproductive… i.e. their voters… is really what they’re all about.
There are those who will argue that Obamacare isn’t really Marxism because private insurance companies are allowed to exist. But the role of insurance companies under Obamacare is to act as administrators of the Government’s health insurance policies. They can only offer a limited number of health care plans, whose details are dictated by the Federal bureaucracy. They have no discretion in determining elibility for their policies, in the content of the policies they offer, how much they are allowed to spend on marketing, and even their profits are capped under the law. For all intents and purposes, the insurance companies are agents of the state.
That aside, can anyone explain how this system is sustainable? Forever taking more from the productive to subsidize the unproductive?