Day by Day

Tuesday, January 27, 2015

Things the US Media won't tell you.

Obamacare costs $50,000 for every person who's "insured".

The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children's Health Insurance Program) costs. 
Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law. 
That revenue includes quickly escalating penalties – or 'taxes,' as the U.S. Supreme Court described them – on people who resist Washington's command to buy medical insurance. 
It also includes income from a controversial medical device tax, which some Republicans predict will be eliminated in the next two years. 
If they're right, Obamacare's per-person cost would be even higher.

I just hope that I'm settled in up in Northern Idaho when the entire system comes crashing down.  Or at least someplace rural.  Someplace where I'm not surrounded by "vibrant youths" when their EBT cards flash all zeros because the gummit ain't got the money to pay them off.


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