Tuesday, April 13, 2010
Obamacare Nightmare
Our nation endured a year-long debate about health care. It would be nice if the debate were over when Congress passed Obamacare, but it isn't over and won't be over for a long time. The nightmare continues!
According to Politico the fight is just beginning. Polls show that 50 percent of Americans are against the new law. Most Americans believe the new law will cause our health care system to get worse as well as the quality of health care and health insurance coverage to get worse. Polls also show that most Americans think the law will weaken Medicare and increase health care cost as well as the federal deficit.
Leftist groups plan to spend millions of dollars trying to sell the health care plan to Americans. Barack Obama plans to spend even more time - if that is possible - explaining the benefits to Americans.
Meanwhile Fortune 500 firms are announcing that Obamacare will cost them millions of dollars: Caterpillar $100 million, Deere & Co $150 million; AK steel $31 million; 3M $90 million; Valero Energy $20 million and AT&T $1 billion.
The leftists in Congress became angry at the employers for warning investors about the costs of Obamacare. The timing of their announcements was especially bad for leftists because they are just beginning their hard sell to Americans. Does it surprise anyone that Henry Waxman, Chairman of the House Energy and Commerce Committee sent letters to the companies demanding proof?
The hearings in Congress are probably more than what the CEO's should have to endure, but it will get more information about Obamacare out to the American public. This is a good thing because the more we understand about Obamacare, the more we don't like it! Obamacare is a national nightmare that goes on and on. Hopefully, the American citizens will see it for what it is and elect new members of Congress who will repeal the law, repair all its damages, and end the nightmare forever.
Thanks to Conn Carroll for the ideas and information for this post.
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