Every Awful Thing You Need To Know About Obamacare...

Obamacare is a government takeover of health care in the nation

It creates more than 150 new bureaucracies, agencies, boards, commissions, and programs that will authorize bureaucrats to tell doctors and hospitals what is quality care and what is not. It mandates exactly what health insurance workers and employers must buy, what benefits they will get, and imposes a fine on anyway if they do not comply. It is the antithesis of freedom.

Obamacare will cause health care costs, not just to rise, but to soar

It will cause health care costs, not just to rise, but to soar. This is why more than a hundred U.S. companies that already offer low cost health care insurance to their employees have already requested waivers. If Obamacare’s intent was to destroy the health care insurance business—and it is—it has succeeded.

Obamacare will institute a system of rationing

In an effort to anticipate and prevent rising health care costs, it institute a system of rationing. It does this in part by cutting $3 trillion in Medicare cuts over the first 20 years. In practical terms, this will kill people forced to wait for services.

Obamacare discourages private investment

Obamacare discourages private investment in the development of medical technologies and drugs. This is the very reason U.S. health care is the envy of the world and why it will be effectively undermined.

Obamacare imposes new taxes and increase tax rates

New taxes and increase tax rates starting in 2011, adding up to $500 billion over the first ten years. This, of course, contradicts Obama’s promise not to raise taxes on anyone earning less than $250,000.

Obamacare, Medicare, Medicaid Fraud

Medicare and Medicaid are already famous for the billions in fraud in these two programs. Obamacare sharply expands Medicaid. The Congressional Budget Office reports the Act will increase federal spending by almost $1 trillion over the first ten years. With full implementation, starting in 2014, it will increase spending by $2.4 trillion, making it the most expensive legislation ever approved by Congress and signed by a president.

Obamacare will ensure higher deficits

Obamacare will ensure higher deficits as far as the eye can see, adding $2-to-$3 trillion over the next twenty years.

Obamacare inflicts lower quality health care on Americans

Obamacare inflicts lower quality health care on Americans, particularly for the most vulnerable such as premature babies and the elderly, and those suffering from cancer and heart disease.

Obamacare will negatively impact jobs, wages, and economic growth

It will negatively impact jobs, wages, and economic growth. It effectively punishes creating new jobs or paying higher wages. It will double that marginal tax rates in the income tax code for low, moderate, and middle-income workers.

Alan Caruba   canadafreepress.com