Now I see that the Obama administration is proposing a law that would REQUIRE all Americans to get healthcare insurance. That’s right- you will no longer be allowed to pay for your own care. They will, according to the administration, allow the poorest people to qualify for Medicaid.
Not only that, but he plans on taxing the two highest tax brackets to pay for it. The two highest tax brackets include people who make more than $171,550. So much for the campaign promise that no one who made less than $250,000 would see a dime in new taxes.
Another facet of this plan includes a law that would require employers to provide healthcare coverage for all of their employees. How may jobs do you think that is going to cost? You cannot stimulate the economy and create jobs by making those employees more expensive. The employers will simply respond by laying off more employees, and either going out of business or moving their business overseas.
This would place the Federal government directly in charge of another 17% of our economy. The Obama administration already has control of the banks, the auto industry, and now they want healthcare. What next?