{"id":18517,"date":"2010-05-04T10:27:45","date_gmt":"2010-05-04T16:27:45","guid":{"rendered":"http:\/\/proteinwisdom.com\/?p=18517"},"modified":"2010-05-04T10:27:45","modified_gmt":"2010-05-04T16:27:45","slug":"fearmongers-were-right-about-obamacare","status":"publish","type":"post","link":"https:\/\/proteinwisdom.com\/?p=18517","title":{"rendered":""'Fearmongers' Were Right about Obamacare""},"content":{"rendered":"

Michael Tanner, Cato<\/a>:<\/p>\n

With spending going up, and future savings likely to fall short of promises, we can expect higher deficits and, of course, higher taxes. The most recent estimates suggest that the taxes already in the bill will likely end up costing middle-class workers and small businesses an extra $1,000 per year.<\/p>\n

Now the most recent report from the Congressional Budget Office warns that nearly 4 million Americans, nearly three-quarters of them middle-class workers, will be hit with fines for failing to meet the government’s mandateto buy insurance. Those penalties will average nearly $1,000 per person in 2016.<\/p>\n

All this, and the health care “reform” law is merely a month old.<\/p>\n

Perhaps this is why nearly 56 percent of American voters now favor repealing the bill.<\/p>\n

This episode provides a lesson, not just for health care reform, but more generally for the Obama administration’s policies. When critics of the health care bill raised these concerns during the debate, they were accused of “fear-mongering.” It was said that they were “opposed to reform,” or were in the pockets of the insurance industry.<\/p>\n

Now, as the administration presses forward with its other initiatives, including financial regulation and, possibly, “cap-and-trade” energy taxes, the same modus operandi is in action. Those who raise questions are derided as opposing “reform” and siding with the banks, energy companies or whoever the enemy of the day is. The bills need to be rushed through. There is no time for real debate.<\/p>\n

But maybe, just maybe, the first month of Obamacare should serve as a lesson: Legislate in haste; repent in leisure.<\/p><\/blockquote>\n

Yeah, whatever. Keep smoking that hate pipe, cracker, until you come to grips with having a black President. Who won<\/i>. Deal.<\/p>\n

Racist.<\/p>\n","protected":false},"excerpt":{"rendered":"

Michael Tanner, Cato: With spending going up, and future savings likely to fall short of promises, we can expect higher deficits and, of course, higher taxes. The most recent estimates suggest that the taxes already in the bill will likely end up costing middle-class workers and small businesses an extra $1,000 per year. Now the most recent report from the Congressional Budget Office warns that nearly 4 million Americans, nearly<\/p>\n

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