I’m not buying it. The big news that came out last week about the labor unions unhappy with Obamacare just doesn’t strike true. On July 12, James Hoffa of the Teamsters, Joseph Hansen of the Food and Commercial Workers, and D. Taylor of UNITE-HERE wrote a harsh letter to Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi. The letter stated that unless Mr. Obama enacts an “equitable fix”, the Affordable Care Act “will shatter not only our hard-earned health benefits, but destroy the foundation of the 40 hour work week.”
Ok, let’s just back up a minute. Aren’t these the same people who were the driving force in getting Obamacare passed? Didn’t they spend large sums of money on the congressional campaigns to elect Democrats in 2006 and 2008? Didn’t these same union leaders furiously lobby in favor of health care reform in 2009 and 2010? And, correct me if I am wrong, but didn’t they even have a hand in “writing” this train wreck of a law?
In the words of William Shakespeare; “Me thinks they doth protest too much”. This whole thing is a set-up, a protest to convince people of something that we already know; that Obamacare, as it stands right now, will never work. Look at the Democrats who were so adamant that it pass now backpedaling and calling it a disaster. Now the unions are piling on saying that it has to have major changes or the Democrats will pay the consequences at the ballot box.
With the delay of the employer mandate until January of 2015, and possibly the same delay for individuals, you can read between the lines that the plan is to collapse this particular law. Obama knows that this law is unpopular with the American people, he can see the polls and he has his eye on the 2014 elections.
I can see what is coming down the pike. After much deliberation and hand-wringing, it will be decided that this version of Obamacare just won’t work. They will admit that parts of it are good, (like the pre-existing conditions clause) but the red tape with the exchanges, the confusion over which states have opted-in or out, the penalties on young individuals who most likely will pay the fine instead of the high premiums they don’t need, will all lead to chaos and frustration among the American people and they will throw up their hands in disgust.
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