Joe Economist
Council Member
Whether you like the ACA or dislike it, there are things to be said for the ACA. There are four things however that you can't say about it.
1) We know What It Will Cost
2) Our Budget Will Be Better Because We Created A New Entitlement
3) Our Spending On Healthcare Will Decrease
4) You Will Be Unaffected
Cost estimates run from $1 trillion to $2.6 trillion with CBO in the middle at roughly $1.75 trillion. Instead of using this new tax revenue to shore up the past entitlements all of which are heading for insolvency, DC create a new entitlement. Like Social Security which has a 23 trillion dollar shortfall, the ACA is suppose to be 'self-funding'. The idea that adding millions of people to the healthcare system will save money is insane. You have to be truly stupid to believe that increasing 3rd party spending will make anything more efficient.
The biggest failure here is Americans who trust the President when he said that most Americans who have insurance will be completely unaffected. Americans are affected when their insurance is discontinued by their employer or insurer - yes believe it or not insurers are leaving whole states. Doctors who do not agree with the new pricing structure are discontinued. While you aren't insured through the ACA, you will pay for it. There are a range of taxes on insurers that will be passed on to you the consumer. There are a range of new regulations which will be passed on to you the consumer.
Facts on Obamacare Prove POTUS Will Break These 4 Promises - PolicyMic
1) We know What It Will Cost
2) Our Budget Will Be Better Because We Created A New Entitlement
3) Our Spending On Healthcare Will Decrease
4) You Will Be Unaffected
Cost estimates run from $1 trillion to $2.6 trillion with CBO in the middle at roughly $1.75 trillion. Instead of using this new tax revenue to shore up the past entitlements all of which are heading for insolvency, DC create a new entitlement. Like Social Security which has a 23 trillion dollar shortfall, the ACA is suppose to be 'self-funding'. The idea that adding millions of people to the healthcare system will save money is insane. You have to be truly stupid to believe that increasing 3rd party spending will make anything more efficient.
The biggest failure here is Americans who trust the President when he said that most Americans who have insurance will be completely unaffected. Americans are affected when their insurance is discontinued by their employer or insurer - yes believe it or not insurers are leaving whole states. Doctors who do not agree with the new pricing structure are discontinued. While you aren't insured through the ACA, you will pay for it. There are a range of taxes on insurers that will be passed on to you the consumer. There are a range of new regulations which will be passed on to you the consumer.
Facts on Obamacare Prove POTUS Will Break These 4 Promises - PolicyMic