A powder keg of free enterprise is arming. Caught off guard by the media, the president admits there is evidence his insurance plan has major problems forcing the extension due date for American business compliance to 2015.
The fact that the Affordable Care Act (Obamacare) is in trouble is no surprise for those warning what the push back would be, and specifically expressed by those in the medical and business communities.
The president’s extension appears to do nothing more than stay, who will be laid off, who will have a full time job, who will become one of the new part-time work force, and who will end up in one of the managed Medicaid insurance exchanges.
According to Investors Business Daily, even “local governments across the country have been quietly doing exactly the same thing – cutting part-time hours specifically so they can skirt ObamaCare’s costly employer mandate, while complaining about the law in some of the harshest terms anyone has uttered in public.”
In a July 6th interview on Fox Americas News, small business owner Richard Clark, of Supreme Janitorial, with dignity, made it clear the president and those who voted for Obamacare have “no concept what a small business goes through,” and the insurance implementation was one of “incompetence.”
Clark must now decide how many of the 150 people in his employ may be switched to 29 hours along with the countries 41% of businesses overall, who have already put a freeze on hiring.
One has to question: was the Treasury Department’s recommendation to extend the date, as reported by the media, a legitimate funding setback, a government inefficiency to implement, or. . .a Chicago-style ruse to delay as much of the push-back by the business community and affected employees, until after the midterm election held November 4, 2014, keeping the president’s party afloat?
Even now, President Barack Obama begins an outreach push called Enroll America to inform the public on how the Affordable Care Act will work, and believing once you understand it . . . you’ll love it. Haven’t we Americans heard this all before?
Due to the extension, tax penalty receivables the president assumed would help fund his “baby” project in 2014 will fall short in the federal cash register, 10 billion dollars – according to the Congressional Budget Office. This may be why Health and Human Services Secretary Kathleen Sebelius is pounding the beat looking for private money.
Ten billion apparently is insignificant for a man who lives in the world of “trillion dollar” spending. His program is “amok” with serious issues, which should have been properly vetted rather than pushed through without knowing all the facts and what’s capable of coming down the pike. Such action might be termed economic insanity.
Who will pay the price?
Again, it looks like you the American taxpayer – on the job front, or out of your pocket, for a program three-times larger than the IRS Tax Code, and longer than the Bible.
It’s up to you. . .the balls in your court.