Excellent write-up by Senator Jim DeMint. Here’s a part, the whole ting is quite good.
Obama’s use of waivers also conceals the financial blowout that is coming in 2014. More than three million Americans haven’t seen any changes in their health insurance, yet because the president gave them a waiver, provided they first prove that ObamaCare would hike their premiums or slash their benefits.
But, all those waivers expire in 2014. And when the waivers are no longer available, rising costs will force businesses to push their employees off of private plans into the government system.
Caterpillar Corp. has said it could save 70 percent on health care costs by dropping coverage and paying the penalties. AT&T’s $2.4 billion in annual health care expenses would drop to just $600 million using the same strategy.
In fact, Credit Suisse has told clients that forcing employers to drop coverage is “exactly what was intended” by the law. This was the main goal of many advocates of ObamaCare—to completely replace private insurance with a single-payer government healthcare system.
Even Obama’s former budget director, Peter Orszag, is admitting the obvious. Previously used by the White House to sell ObamaCare in the media as a net cost saver, Orszag is now admitting that ObamaCare could create a “spiral effect” of employees losing their private care and the true costs quickly become “unsustainable.”
via Obamacare Death Star will strike soon | Sen. Jim DeMint | Op Eds | Washington Examiner.
Please help spread links to his article. I’m not even looking for you to link me, but this is important. I disagree with DeMint sometimes, but he is a stout fiscal conservative, and the debt is the primary threat we face today. It is the preferred instrument of our destruction at the hands of these Communists.
So please do follow the link, and hit the SHARE thing.
