Monday, July 2, 2012

Healthcare Debate


I actually agree with the majority of the previsions within Obamacare.  It's how we are paying for it that is a concern.  Our debt is mounting at nightmare proportions.  As long as interest rates remain low the government can continue to borrow nearly 40% of every dollar used to run the government on a daily basis.  However, when those rates begin to increase (and they will) how does washington propose to make the minimum interest payments due?  One word TAX!

Chief justice John Roberts, who wrote the courts ruling said:  "The only effect of the individual mandate is to raise taxes on those who do not do so, and thus the law may be upheld as a tax"

This will also increase insurance cost for everyone regardless of qualification.  There must be a better way!

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