Obamacare to increase costs 60%
Finding out what’s in it: A new report from the Congressional Budget Office estimates that, because of Obamacare, the cost for employment-based health insurance will rise by 60% by 2025.
These increases are on top of the increases we’ve seen in the past five years, since the law was passed. Moreover, the increases are going to cost the federal government trillions in the coming years, as the law requires the government to pay large subsidies for those in the lower income brackets who can’t afford these insane premiums. In fact, last year the tab was about $300 billion. And that’s only the start. Worse, these estimates by the CBO are routinely low.
Obviously, we should vote for one of the Democrats, who are promising to fix the problem by waving they arms and making it vanish, while also promising to provide everyone with free healthcare. Or maybe we should vote for the Republican named Trump who has made similar promises though not quite as ludicrous. Why not? What does reality have to do with anything anymore?
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In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
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Finding out what’s in it: A new report from the Congressional Budget Office estimates that, because of Obamacare, the cost for employment-based health insurance will rise by 60% by 2025.
These increases are on top of the increases we’ve seen in the past five years, since the law was passed. Moreover, the increases are going to cost the federal government trillions in the coming years, as the law requires the government to pay large subsidies for those in the lower income brackets who can’t afford these insane premiums. In fact, last year the tab was about $300 billion. And that’s only the start. Worse, these estimates by the CBO are routinely low.
Obviously, we should vote for one of the Democrats, who are promising to fix the problem by waving they arms and making it vanish, while also promising to provide everyone with free healthcare. Or maybe we should vote for the Republican named Trump who has made similar promises though not quite as ludicrous. Why not? What does reality have to do with anything anymore?
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
At $300b, it becomes one of the largest expenditures in the budget.
As long as the US has a single solder the left will cry we need to spend less on defense and more on helping the poor.
Even though spending more on the poor has never actually worked in the long run.
For the most part being poor is a lifestyle the poor person has chosen.
They chose not to get educated, gain a skill, do drugs, not save, spend foolishly. have children or not do the overtime and extra work to get ahead.
Its the lifestyle they choose for themselves and throwing money at them has never worked to get them out of poverty.
It only makes them dependent on the government handouts and the government offering ‘free’ anything is just adding new chains of slavery around their neck.
pzatchok
February 13, 2016 at 1:35 am
“For the most part being poor is a lifestyle the poor person has chosen.”
“Its the lifestyle they choose for themselves and throwing money at them has never worked to get them out of poverty.”
“It only makes them dependent on the government handouts and the government offering ‘free’ anything is just adding new chains of slavery around their neck.”
**************************
Exactly right. Our responsibility is only to provide a safety net of last resort, not was has become a lifestyle.
Another part of this is the loss of Shame as a cultural control. With the sinking of religion and the nuclear family, Shame has become a bad word. If there is no shame, no religion, no family, then people are ripe to be lured into the Left’s idea of Paradise……
An interesting thing is that the Left has managed to do this cultural enslavement to every minority class except Asians. In fact I don’t recall any efforts in that direction by the left. I wonder why, especially given that Asians were the largest segment of legal immigration for the last several years IIRC.
Robert wrote: “the law requires the government to pay large subsidies for those in the lower income brackets who can’t afford these insane premiums.”
Obama has declared Congress and its aides be allowed to receive the Obamacare subsidies, because these people are also too poor to afford the premiums. When these well-paid people are unable to afford the high cost of the premiums, what chance do the rest of us have? It seems to me, with such a declaration, that anyone paid less than Congress or its aides must also be considered among America’s lower income brackets.
Half a century ago, America set up a safety net, the “War on Poverty,” but I have heard this net called a hammock, in recent years, because too many people spend their lives resting in it instead of using it to keep from hitting bottom.