Wednesday, October 21, 2009

WHAT’S COMING AFTER HEALTH CARE?

The President, off to a very slow start on his domestic agendas, is desperate to have anything that he can claim as a victory before the off-year elections in November. And, he now seems willing to risk all of his political capital in order to get a victory. The Democrats are willing to oblige by using the “nuclear option” to give the President a Health Care Plan in a form that is unpalatable to the growing majority of Americans; in recent days, they have made it clear that they don’t give one iota about what the polls say or what the Americans want.

In fact, they are collaborating in an elaborate scheme to mislead the American public about the true costs to the average American for the health care plan they are about to enact. For example, the medical professionals marched on Washington a couple of weeks ago and openly withdrew their support and challenged the new Bill. Nevertheless, the Administration continues to run ads showing white-coated medical personnel on the White House lawn who seemingly are all aglow about Obamacare. Now, the Congress and the White House propose to enact a separate Bill that will funnel $250 billion to the doctors if they do an about-face and renew their support for Obamacare. This will supposedly make up for the cuts in Medicare payments that are included in Obamacare and which the doctors are complaining about. But, the Administration will not include the $250 billion in the estimated $900 billion cost because… well, it’s a separate Bill.

What will be next, after this bold display of arrogance?

Still sitting on the back burner, the Cap and Trade Bill will quickly move to the forefront. Politicians like to follow a “victory” with another “victory” as quickly as possible. Look for Congress to slam the Cap and Trade Bill through, also using the “nuclear option” if necessary, within a week, (two at the most), after passage of the new Health Care Plan. These two bills alone are very likely to add $3 trillion or more to the national debt.
After that, I suspect that the Administration will go after one, if not both, of the following:
  • Nationalization of the oil companies
  • Severe restrictions on the manufacture and sale of ammunition
It is a well-known conclusion that the addition of the massive debt increases are going to stifle the jobs market and the economic recovery, possibly through the end of the next decade and, in probability, through the first half of this century. The Administration has recently let out trial balloons suggesting that the current high unemployment rate may become the norm.

One thing is very certain: we’ve seen the last of Town Hall Meetings until the end of Obama’s third or fourth term.

We're not to blame for this; they are.

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