Young people 18 to 29 are bailing out of ObamaCare as they are beginning to find out that will pay very high insurance rates to offset the costs of the sick and elderly.
Wait until they start getting hit with the ObamaCare non-compliance penalty. It jumps to 2-1/2% of income by 2016. For someone making $48K/year that is a $1,200 slap across the face.
Remember how they told us …” he’s so cool” and shouted …”yes we can”, now that reality has set in and they realize that their standard of living has taken a nosedive.
You can fool some of the people some of the time but the ones you can fool all the time are known as democrats.
“There may be times when we are powerless to prevent injustice,
but there must never be a time when we fail to protest.” — Elie Wiesel (1928- ) Writer, Nobel Peace Prize winner 1986
“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.” ~ Cicero 55 BC
What was true for Rome is true for America. President Obama may know little about history and less about economics, but he is relentlessly destroying America and has been since he first took office in 2009.
In September, the Gallup polling organization, reported that “Americans’ trust in ‘the American people’ to make judgments about political issues facing the country has declined each year since 2009 and, at 61%, is down nearly 20 percentage points from its recent peak in 2005. Still, that exceeds the 46% of Americans who trust the ‘men and women…who either hold or are running for public office,’ which is one point above the historical low from 2011.”
“The results are based on Gallup’s annual Governance survey, conducted Sept 5-8. The same poll found that American’s trust in the federal government to handle domestic and international problems, their trust in the news media, and their trust in the three branches of the federal government, and in state and local governments are all at or near historical lows.”
In the end, the primary currency of government is the trust people put in its ability to respond to the problems they encounter in their daily lives.
As of October, more than ninety million Americans were out of work. The data the federal government publishes is not trustworthy. It is manipulated for political gain. By October, even the Bureau of Labor Statistics had to admit that 90.6 million Americans over the age of 16 were not in the labor force–an all-time high.
Writing in Investor’s Business Daily, Betsy McCaughey, a former lieutenant governor of New York, noted that “After four and a half years of the Obama presidency, an unprecedented number of Americans have given up looking for work, wages are stagnating, low-wage earners are suffering most and the U.S. is fast becoming a nation of part-time workers.”
An October CNS News article reported that “Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers, according to data released this month by the Census Bureau. They also out-numbered the total population of the Philippines.” The figures worked out to about 1.7 people getting some form of means-tested government benefit for every one person working full-time year round.
In September, CNS News reported that “A record 23,116,928 American households were enrolled in the federal government’s Supplemental Nutrition Assistance Program (SNAP)—AKA food stamps—during the month of June, according to data released this month by the Department of Agriculture. That outnumbers the 20,618,000 households that the Census Bureau estimated were in the entire Northeastern United States as of the second quarter of 2013.”
Also in September, CNS News reported that “During the four years that marked President Barack Obama’s first term in office, the real median income of American households dropped by $2,627 and the number of people in poverty increased by approximately 6,667,000, according to data released by the Census Bureau. The record total of approximately 46,496,000 people in the United States who are now in poverty, according to the Census Bureau, is more than twice the population of Syria,” a nation that has lost 100,000 people in its civil war.
“In 2008,” the CNS News report noted, “the year Obama was elected, people in poverty represented 13.2 percent of the national population. In 2012, they represented 15.0 percent of the population.” And, in 2012, Americans either went to the polls or stayed home sufficiently to reelect Obama. Obama supporters in effect voted to continue the nation’s poverty rates.
In late January, the Federal Reserve released data that revealed that its holdings of U.S. government debt had increased to an all-time record of $1,696,691,000,000 as of the close of day. The Fed’s holdings of U.S. government debt had increased by 257 percent since President Obama was first inaugurated in 2009. It is the single largest holder of U.S. government debt. China is the largest foreign holder of this debt.
“The misery is not going to end soon,” wrote Mort Zuckerman, the editor-in-chief of the U.S. News and World Report, in a July Wall Street Journal commentary, noting that the economy represents “the weakest gross domestic product (GDP) growth since World War II. This anemic growth is all we have to show for the greatest fiscal and monetary stimuli in 75 years, with fiscal deficits of over 10% of GDP in four consecutive years.”
Over the past five years, the U.S. spent $3.7 trillion on welfare. That includes approximately 80 different means-tested poverty and welfare programs. That figure is nearly five times greater than the combined amount spent on NASA, education, and all federal transportation projects over that time.
You don’t have to be an economist to see that Obama embarked on a deliberate program to impoverish as many Americans as possible since taking office in 2009. If this is not a cause for impeachment than nothing is, but he will not be impeached. Instead, he will continue to attack all aspects of the economy. Obamacare is the ultimate example of this.
© Alan Caruba, 2013
I have never been much of a conspiracy theorist. For me it was always Oswald by himself from the Texas School Book Depository and nothing in the intervening fifty years has disabused me of this notion. For the most part, I’m an Occam’s Razor kind of guy — the most obvious explanation is likely to be true.
Moreover, conspiracy theorists from Mark Lane to Jerome Corsi (more of him in a moment) have always seemed to me a little bit, well, off.
Maybe it’s the temper of the times, however, the incessant presidential lying recently unmasked, but a brief Washington Post article linked on the Drudge Report Tuesday caught me up short. The headline told much of the story — “Obama’s uncle contradicts White House, says Obama stayed with him in 1980s.”
Obama’s uncle is Onyango “Omar” Obama, 69, a Kenyan national who has been living illegally in this country for five decades. Omar, the manager of a liquor store, was caught driving under the influence recently and faced deportation. The judge apparently let him off. What’s interesting is that Omar testified during his trial that the future POTUS stayed at Onyango’s apartment in Cambridge in the 1980s while Barack attended Harvard Law. Obama has previously denied ever having even met Omar. But the Kenyan’s landlord corroborated under oath Barack Sr.’s brother’s testimony. The White House, as is its wont these days, isn’t commenting.
Now, as a devotee of the aforementioned William of Ockham…(“Ockham Razor”)
In reversal, Obama says he lived with uncle
President Obama acknowledged on Thursday that he lived with his Kenyan uncle for a brief period in the 1980s while preparing to attend Harvard Law School, contradicting a statement more than a year ago that the White House had no record of the two ever meeting. Read more here…
What is Occam’s Razor?
What is basically means is … “If you have two theories that both explain the observed facts, then you should use the simplest until more evidence comes along”
SideBear: This is a must read piece by Roger Simon and at the very end he states… “whatever prevarications and deceptions of which we are aware or unaware, are known equally to our adversaries — the intelligence agencies of China, Russia and Iran. Even if they were too dumb to figure it out for themselves, which they’re not, they read our newspapers and blogs.”
These totalitarian — or near totalitarian, depending on how you want to parse it — states depend on lies for their existence. In Obama they have found a partner in crime, a semblable, as Baudelaire would say. They are currently exploiting this.
THINK ABOUT THAT in conjunction with Iran, Syria, Libya, Russia and China and it makes you wonder and start to pray.