Their tax credit is our tax increase
President Barack Obama
continued this week to reject the notion that requiring everyone to buy health insurance, or be fined for not doing so, is not a backhanded tax increase.
By saying this, the president is either not as smart as given credit for,
or Rep. Joe Wilson was right.
Obama explains that all will be able to afford insurance by using anything from comparison shopping to tax credits. "We're not going to have other people carrying your burdens for you," he said.
Huh? What does he think a tax credit is? A
tax credit for one is paid for by a tax increase on all those who don't qualify for the credit.
If that is not a falsehood, what is?
Obama then tries to equate this mandatory program with automobile insurance.
But there's a big difference between the two. I don't have to buy car insurance if I don't drive a car, but with this health care proposal, I have absolutely no choice: pay or be fined.
That probably makes it unconstitutional, but who cares?
We shredded that thing a long time ago.
Next, the President says that the cost, which is
hundreds of billions of dollars, can be achieved from savings from the current system including Medicare and Medicaid, two government health care programs that are already going bankrupt.
It's is obvious that this is another democratic con
job. We have elected a president who is willing to tell you anything, true or not, that he believes will get you on his side.
OK, this might get me on the bad-guy list at the White House, but then I'll have good company.