- Americans eat too much of the wrong kind of food, resulting in obscenely high obesity rates for the country.
- Our food chain is infested with overdoses of high fructose corn syrup, salt, and other unhealthy additives.
- Americans smoke too much.
- Americans do not exercise enough.
- The country is in serious need of health care tort reform.
- Barriers to insurance company competition across state lines need to come down.
- Obama Care never “followed the money” to find out who is actually profiting from the ever escalating healthcare costs in this country and how to get those factors under control.
- Obama Care never got the immense amount of fraud and abuse in current government healthcare programs, Medicare and Medicaid, under control in order to save money to efficiently fund other government health care initiatives.
- Obama Care never put serious research money towards curing the major diseases that drive high healthcare costs such as high frequency cancers and dementia type diseases.
- According to a new audit of that exchange, the Colorado exchange faced “numerous weaknesses” and had “inadequate security settings” which left the personal identity information of Colorado enrollees vulnerable to identity theft.
- The inadequate security processes had been in place for at least a year, according to the HHS inspector general review.
- The deployment of the Colorado exchange did not fully comply with Federal government requirements and thus, failed many of the security checklist tests: “As a result, the weaknesses were collectively and, in some cases, individually significant and could have compromised the integrity of Colorado’s marketplace, thus increasing the risk that PII could have been exposed.”
- The failure of the security protocols of the Colorado exchange existed despite the reality that state and Federal taxpayers paid a whopping $184 million to build it.
- And the Colorado exchange is not the only Obama Care headache in the state since the state’s largest Obama Care co-op, Colorado HealthOP, folded down in October, 2015, leaving 83,000 state residents without health insurance coverage.
- Despite getting the inspector general’s report and recommendations on how to fix the situation, the exchange only “partially remediated” the problems.
- So far, New York state regulators has refused to release any documents that would help explain why the country’s largest Obama Care co-op failed.
- The state’s investigation began back in September of last year and involved looking at alleged “substantial under-reporting” of the co-op finances.
- The state refused a state Freedom Of Information Act request because it claimed that disclosure of the investigation results so far would have a “chilling” effect on its continuing investigation.
- The New York co-op was originally given $355 million to get established back in 2012.
- It was one of three Obama Care co-ops operated by Sara Horowitz, a New York liberal political activist who has previous personal ties to President Obama.
- Another of her co-ops, the one established in the state of Oregon, has also already gone financially belly up, her New Jersey co-op continues to operate.
- The demise of the New York co-op forced over 200,000 mostly low income customers to lose their insurance coverage during the Thanksgiving holiday season in 2015.
- The co-op owes New York hospitals about $200 million unpaid bills and owes New York doctors somewhere between $50 and $70 million in unpaid bills.
- Top executives who had oversight responsibility for the co-op resigned throughout 2015.
- If nothing changes, the debt should hit an unsustainable $30 TRILLION within ten years.
- The current dip in the annual Federal government spending deficit is a short term fluke, annual deficits and consequently rising national debt will accelerate with in a very short time frame.
- The Obama administration will add about $10 TRILLION to the debt load, about the same amount of debt accumulated by all previous Presidential administrations COMBINED.
- For the original business case, the Obama administration claimed that the Federal government operations cost of Obama Care in the first ten years would be about $800 billion. Turns out that it will be almost $2 TRILLION, adding over a trillion dollars to the original forecasts to the national debt.
- But there are two unintended negative consequences to Obama Care, according to the CBO. First, some lower income people will find it more profitable not to work since by not working, or working only a little, their Obama Care subsidies are more profitable than if they had been working. So the tax revenue from these people who stop working because they can make more money from Obama Care is never generated for the Federal government, increasing the annual deficits and the national debt.
- Second, some higher earners may find it not as attractive to work and earn a lot since increased taxes as a result of Obama Care will make every incremental dollar earned less attractive from a tax basis, which will result in lower earnings, less tax revenue, and higher debt.
- Or in the CBO’s own words: “The ACA’s [Obama Care’s] largest effect on the labor market — especially as overall employment conditions improve — will come from provisions of the act that raise effective marginal tax rates on earnings, thereby reducing how much some people choose to work. The act also directly imposes higher taxes on some people’s labor income. Because both effects on labor supply will grow over the next few years, CBO projects, they will subtract from economic growth over that period.”
Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:
It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.
Please visit the following sites for freedom:
Term Limits Now: http://www.howmuchworsecoulditget.com