Americans know instinctively that when liberals start talking about deficit reduction that’s it’s just a case of the fantods, as Huckleberry Finn would say. And say what you will about old Huck, but he knew a couple of frauds when he saw them.
No matter what liberal “Wonks” like Ezra Klein say about the historically dumb healthcare “reform” known as Obamcare, Americans are uneasy about it.
And they should be.
The best thing- as Democrat strategist James Carville admitted last year- that could have happened for the Democrats is for the Supreme Court to have tossed out the landmark legislation that bears Obama's name.
But that didn't happen, so now the Democrats are stuck trying to make another bad law work.
Obamacare supporters like Ezra Klein, instead of trying to fix the problem continue to play dirty pool when it comes to healthcare reform. They now count it as a deficit fighter, when in fact, it’s no such thing.
Unless of course you count any bill with a tax increase in it as a deficit fighter. A defense contract could be a deficit fighter too, if a defense contract was designed just like Obamacare.
Here let me show you the sleight of hand that liberals did to claim Obamacare fights the deficit.
Say, for example, that when we decommission the old Nimitz-class carriers we then replace them with the newer Gerald Ford class of carriers at $15 billion a clip. Let’s say, in this example, that we then raise taxes 3.8 percent on people who go over a certain income limit, to an extent that we not only pay for each carrier but we also create a surplus of $100 billion that we can apply to the deficit- just as they did in Obamcare. Actually in the case of the aircraft carriers, the exact same tax increase that the used for Obamacare would pay for the carriers and leave a surplus of $180 billion over the same period, almost twice what Obamacare claims.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 17th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Wednesday April 16th, 2014 | John Ransom