The bankrupting of America

March 22nd, 2010

Just as it appears we are looking at a better economy, despite the Democrats mortgaging our future for generations to come, they took the final action that will even more completely bankrupt America. They passed Obamacare at a huge cost, $940 Billion. Yes, that’s BILLION … with a B, which also stands for BAILOUT!

Yes, almost $1 Trillion was allocated earlier to bailout big banks and corporations, now almost $1 Trillion more for Obamacare. Well, this is just the beginning, kids. Employers who will be forced to provide health insurance to every employee, including part time, will feel the cost. One report I heard is that Caterpillar will spend $100 million dollars in the first year alone.

And what happens when companies have to spend more to make a product? That’s right, they pass the cost on to the consumer. That’s you and me. If you think eating at McDonald’s was a cheap treat, think again. If Mickie D’s has to insure every employee, they will pass the cost on to us. Walmart commercials talk about low prices – not if they have to insure every employee who works a few hours a week. If you think the unemployment rate is high now, wait until employers start laying off employees because they cannot afford to insure them.

What makes the government think they can do this any better than they’ve done any other program in the past? What makes them think they can do health care better when every country in the world with socialized health care says, “Don’t do it!!!”?

And, the beauty of it all is that most provisions don’t take effect until 2012 or 2014 when Obama will be out of office! Yes, Mr. President, this is what change looks like – a change for the worst. YES, WE CAN… bankrupt America!

This article is my own personal opinion. If you share this opinion, or don’t, please leave a comment. Thank you.