Obamanomics

medAn Opinion by Luan Zuccarello

I have refrained from bashing the POTUS (check out west wing – great show) on this site but the gloves are off now.

Last night Barrack Hussein Obama stood before congress and urged their support for HIS health care bill. Under HIS health care bill the United States government would spend 900 billion dollars to run health care and to offer free health care to every citizen.

Now every Republican and a good handful of Democrats do not support this. So instead of “reaching across the aisle” (catch phrase of the Obama campaign) he is still shoving it down people’s throats! He has not changed one major thing in the bill and told his die-hard opponents that he will not bother with them. Is this not a democracy? Don’t we elect congressman and senators to be our voice and have a say and a vote? He said last night he has already put the plans into motion for “demonstration projects” in certain states. How is this going to work? How can you deem one state have free health insurance and one not, even in a trial period? My next question where in the fuck are you getting 900 billion dollars? We are a deep recession with people trying to make payments to mortgage companies, utility companies, credit card companies, etc. Where do you think this money is going to come from? Ummmmm – new taxes.

I only took 2 economics classes but I think if I proposed this situation I would have got laughed out of the class. I am strongly against universal health care, but I agree some changes should be made. I think all children should receive health care, health care insurance and premiums should be lowered, and there should be some reform in medical malpractice. But for the government to step in and give me the same healthcare options as the druggy on the corner is ludicrous! The big question that everyone keeps ignoring is the impact of insurance companies? Insurance companies will stop picking up regular doctor’s visits, they will stop picking up physicians rebates, and the cost of surgery and treatment will go through the roof! All this so crack head can shoot more shit into his vein and then go to the hospital for free. I love how instead of focusing on the real problem of how to get America back on its feet as the leading global economy we are focusing on a segment of our population that doesn’t pay taxes and already takes advantage of government programs. Here is a thought – create more jobs so people can take advantage of employer’s health care and they will pay taxes. But since Barrack Hussein Obama spent 787 billion dollars on his “recovery plan” unemployment is almost in double digits – 2 % higher than when he took office. Ronald Reagan took office under some of the same conditions as Barrack Hussein Obama . I will admit Reagan’s conditions were not as bad as the current ones, but the man did a damn good job getting us out of the hole. Instead of creating programs for us to spend money on he created programs for us to invest in.

How many people can take advantage of buying things right now – when all their money is going to bills? The smart thing would be to make people money! Don’t get them to spend it, have them invest it, the spending will come later. Cut income taxes that will encourage people to work more thus making them more money and cutting capital gains taxes will encourage investment.

Luan Zuccarello ’12 Bitches!!!!

One Reply to “Obamanomics”

  1. Based on your ranting, you obviously know nothing about economics or the real problems we face.

    Universal healthcare coverage is something that everyone should have. It will save everyone a lot of money. Part of our taxes go to pay for the ER visits that uninsured people make, which are the most expensive thing they could possibly do, but because they can’t afford health insurance, they have no choice, unless you’d prefer everyone be allowed to die, including you.

    Spending 900 billion dollars over 10 years for universal healthcare will save us money versus the cost of doing nothing at all.

    The current problems aren’t the fault of Obama, they’re the direct result of Bush spending, while simultaneously cutting taxes for corporations and the rich. So, when the government has less money coming in and Bush is spending on things such as two illegal and unfunded wars, Medicare Part D, Homeland Security, etc., you’re going to have huge deficits. Again, that’s all the result of Bush and his wild spending.

    Creating more jobs? That what the “stimulus” was supposed to do, but it wasn’t large enough, which Obama knew, but Congress was unwilling to spend more. You can’t blame him for that, either. Even if these mythical jobs were to somehow be created, how does that make them pay enough to afford the healthcare options that company may offer? It doesn’t, because real wages have been declining for more than a decade, and they still declining.

    Ronald Reagan did not take office under similar conditions, so that fantasy will get you nowhere, except maybe locked up in an institution for the insane.

    Cutting income taxes will do nothing; we’re already paying less taxes than at any point in history, and cutting tax revenues to the government will just increase the deficit. Instead, we should have higher taxes on those who make more than $200,000 per year, as well as subjecting all their income to payroll taxes to pay for Social Security. We should exempt the first $20,000 of income for the poor and middle class from the Social Security payroll tax, and the government should initiate their own WPA-style jobs program to create jobs for the many things we’ve been neglecting for years, including critical infrastructure like roads and bridges.

    Instead of listening to your Republidrone talking heads and Faux News, start using your brain and some critical thinking skills before you spout off on something you clearly don’t understand.

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