Skip to comments.The Disturbing Essence of What Is Really Wrong with the White House Spin of CBO Report
Posted on 02/07/2014 4:56:33 AM PST by Sir Napsalot
Philip Klein expresses it perfectly over at the Washington Examiner:
In short, the CBO is portraying a future in which a smaller proportion of workers in a relatively weaker economy will be expected to subsidize an increasing number of government beneficiaries. And Obamacare is making matters even worse.
With one hand, according to the CBO, Obamacare will spend $2 trillion over the next decade on expanding Medicaid and subsidizing individuals to purchase health insurance. With the other hand, its subsidies will discourage the economic equivalent of 2.5 million individuals from working.
The rational response to the CBO report would be to look for policies that encourage workforce participation and decrease government obligations. Instead, Obamacare does the exact opposite.
There was a time in the not-too-distant past when it could reasonably be expected that the emotional spin the Democrats in charge peddled to their constituents was understood to be just that. In other words, they had to give the masses something to soothe and/or deflect to make them feel better, especially if there were things like scary math and economics to deal with. But the elites knew better.
The problem with Team Lightbringer is that they have spent so much time bathing in the warm waters of the sycophant pool that they have begun to believe their own spin. This is a highly functional political machine that is fueled by nothing but emotion. This is scary enough when its a ploy;when it becomes the sole basis for policy, it will inevitably be catastrophic.
Because math isnt swayed by emotion.
It is amazing to me that even in light of all this “truth,” the democrat sycophants remain in a state of catastrophic denial.
Even acquaintances, that acknowledge that their family is being mortally wounded by this policy, still tout about the perceived benefits.
The ‘Rat party is a turd producer.
The Communists in office are transforming America into a lazy European state where the government controls the lives of the people and most citizens vote for continued government handouts taken from the work of others.
Another aspect of this is that, even from a tax point of view, it’s counter productive. It creates a huge black-market labor industry, just like that of European countries, particularly the most dysfunctional ones, such as Greece.
It’s more profitable not to work, but at the same time, you just don’t have as much spending money, so you take work off the books; and because it is so onerous a burden, in terms of regulatory compliance and additional taxes and benefits costs, for an employer to hire “legitimately,” employers will eventually end up with a sizeable number of off the books employees. Ironically, this backfires by reducing tax revenues, since neither the employer nor the employee is paying the taxes that caused them to flee the legal labor market in the first place.
Paraphrasing Margret Thatcher - “The problem with socialism is that eventually you run out of other people’s money.”
The more Americans that they (Dems) drive out of the workforce the more compelling the argument looks that we need many more immigrants, legal and illegal(ized), to do the work and fund social security and medicare (and SSI and Obamacare.)
Certainly compelling to the Chamber of Commerce.
Like Ebenezer Scrooge Obama has been shown the shade of the future that will likely happen if things remain as is. Scrooge took the lesson to heart Obama's creatures mock it.
“Can't waste a crisis”, you know.
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