Friday, January 7, 2011
"... if you do not buy health insurance you will soon face fines of up to 2.5 percent of your income by 2016."
We are all going to have to just learn to put up with the negative effects of the new health care law. We are all going to be paying much higher taxes because of this new law. We are all going to be paying much, much higher health insurance premiums. Job growth is going to be killed because employers will not want to pay for extremely expensive health care plans for new employees. Soon all companies with more than 50 workers will be fined if they do not offer "adequate health coverage" to their employees. So obviously this provides a tremendous incentive to small businesses not to hire more than 50 workers.
In addition, the new health care law gives the U.S. government unprecedented control over the medical industry and over how health care is practiced in this country. The U.S. government will now be telling doctors what medicines to prescribe and what medical procedures are "cost effective". Doctors across America will now have less freedom to practice medicine than they ever have before.
So can't we just opt out of this health care nightmare? No, the truth is that the new health care law makes participation in the system mandatory for virtually all Americans. In fact, if you do not buy health insurance you will soon face fines of up to 2.5 percent of your income by 2016.
So you better run out and pad the profits of the greedy health insurance industry by signing up for a big, fat, juicy health insurance policy.
The health care reform law was one of the worst pieces of legislation that the U.S. Congress has ever passed. It is easy to see why the Republicans want to repeal it.
But as long as the Democrats have control of the Senate and as long as Barack Obama is in the White House, that is simply not going to happen.
The Democrats are married to the health care reform law and they are absolutely obsessed with protecting it.
Senate Majority Leader Harry Reid is vowing to block any attempt to repeal Obamacare. According to Reid, the Republicans must "understand that the health care bill is not going to be repealed" and that they "should get a new lease on life and talk about something else."
Barack Obama is promising to veto any attempt to repeal the new health care reform law. Barack Obama considers the health care law to be one of his crowning achievements, and he will resist any efforts to curtail it.
So that means that the Republicans will simply not be able to repeal the health care law between now and 2012.