And the news for Obamacare keeps on getting
worse. With the latest CBS poll showing a satisfaction rate of 7% for this
program, businesses reducing working hours and/or employees to avoid taxes
imposed by the program and sky-high Obamacare deductibles, the Affordable Care
Act has become an anchor, sinking the American economy into an eventual watery
To add insult to injury, the Congressional
Budget Office (a nonpartisan group) came out today with the strong warning that
Obamacare will reduce the American workforce by the equivalent of 2 million
full-time workers in 2017. They concluded that the health law would lead some
workers, particularly those with lower incomes, to limit their hours to avoid
losing federal subsidies that Obamacare provides to help pay for health insurance
and other healthcare costs.
For example, some Americans nearing
retirement could decide to keep their work hours shorter to maintain Obamacare
subsidies until they qualified for Medicare. Such a policy would thus "reduce
incentives to work" and pose an "implicit tax on working" for
those returning to a job with health insurance.
This policy goes against human nature.
Remember, incentive is what drives us to invent, work harder and strive for
greater things. Incentive is what makes businesses grow, creates jobs and
expands the economy. Just like all of the current administration’s policies,
Obamacare stifles the human spirit and hinders it from growing.
If you disagree with me and you are a
working, taxpaying man or woman, ask yourself this question: has any Obama
policy helped you? Has any Obama policy helped your business? Has any Obama
policy cut your taxes? Has any Obama policy made your job easier? If the answer
is no, it explains why our economy continues to stagnate and the divide between
rich and poor continue to grow. Now ask yourself this: can American handle
another 3 more years of this?