Constitutionality and Good Policy are Two Different Things, Part 3
In the first article of this series, I wrote about how the PPACA, more commonly referred to as Obamacare, will increase the size and cost of the Federal government as well as give them unprecedented power over our lives. Already the rules and regulations being written to enforce this law will cost in excess of $149 million annually. The law is hampering the economic recovery and businesses.
In the second article I showed you some of the horrendous effects this law will have on both the healthcare and finances of senior citizens. If you have family members or friends who are senior citizens, please give them a copy of that article! I further informed you about the law reducing the role of the family in decisions about students’ healthcare – including services such as abortion and birth control. Also, over half of the insurance companies have already dropped child-only policies and families will have less choice of available insurance policies because of this law.
This article will briefly cover some of the other problems that make this law a very bad policy for America.
Family is the basic foundation of a society. Marriage encourages and supports family and is good for the society in general. Obamacare penalizes marriage with significant financial penalties on the decision to marry or stay married. The bragged about "affordability tax credit" phases out very rapidly as a couple’s income rises. Not only does this health insurance marriage penalty dissuade a younger, low-income couple from getting married but it also provides older couples with an incentive to obtain a "divorce of convenience." A couple, each making $30,000, per year would realize $10,425 in tax savings if they divorced and cohabited rather than remain married.
Premiums have already increased significantly and continue to increase because of this law. Research shows that as much as 30% of employers plan on dropping health insurance coverage for their employees. The Administration itself has admitted that "as a practical matter, a majority of group health plans will lose their grandfather status by 2013."The "universal" coverage is anything but universal! Estimates vary from 26 to 30 million people will remain uninsured under this law.
While greatly expanding the enrollment in Medicaid, the law will reduce the number of doctors available to treat Medicaid patients. Medicaid reimburses doctors only about 56% of the market rate for their services. Obamacare has increased regulations and has an even lower reimbursement rate. Sixty-six percent of doctors currently accepting Medicaid are seriously considering no longer accepting patients covered by government health programs.
Investment income will be liable for a 3.8% Medicare tax. You will also pay a 3.8% sales tax if you sell your home. That is $3,800 of tax due on selling a $100,000 dollar house. Under the new health care law, all real estate transactions are subject to a 3.8% sales tax. That includes purchasing a house – but you won’t actually see that tax, the law has this sales tax being built into your financing of the purchase. That makes the effect MUCH higher than 3.8% since you are paying interest on it too! This all goes into effect in 2013. What a surprise! That is AFTER the election!
Obamacare imposes half a trillion dollars in new taxes and still adds over $500 billion to the deficit over the next 10 years. Stephen Moore, Senior Economics Writer with the Wall Street Journal says that nearly 75% of the Obamacare costs will fall on the backs of those Americans making less than $120,000 a year and 90% will be paid by those making less than $200,000 a year.
Whether you’re a senior, a small business owner, a parent, or a taxpayer, Obamacare’s bad policies create too great a cost for you and for future generations of Americans.
Benjamin Franklin stated our government is "a Republic, if you can keep it." "The powers not specifically delegated to the Federal government, nor prohibited to it by the States, are reserved to the States respectively, or to the people." We are responsibile for maintaining our freedoms and the proper functioning of government. As Justice Roberts said, "Members of this Court are vested with the authority to interpret the law; we possess neither the expertise nor the prerogative to make policy judgments. Those decisions are entrusted to our Nation's elected leaders, who can be thrown out of office if the people disagree with them. It is not our job to protect the people from the consequences of their political choices."
This country will not survive economically unless we elect leaders in the House, Senate and White House who will deal with the financial problems in a serious and responsible manner. Healthcare in America will deteriorate badly unless we elect leaders who will vote to repeal this bad law and the damaging rules and regulations that have already been written. It is very obvious that the Democrats running the Senate and the current president are either unwilling to do this or are actually hoping for collapse of the dollar and the deterioration of this great country into just another broke and malfunctioning socialist state.
If we as a people really believe in personal responsibility and freedom, we have to take our elections seriously. We must choose to find out who our candidates are, what they propose and what they believe. We must register and vote for the politicians who will help preserve this country. The ones that believe in the principles our country was founded on, lest we become the United Socialist States of America.