Stiffed: Middle Class Carrying Increasing Share of U.S. Healthcare Burden
Barack Obama's solemn assurances regarding ObamaCare, including "If you like your doctor, you can keep your doctor," have been exposed as fraudulent. That's a main reason why his main "legacy" has remained terribly unpopular since its inception.
Now, another alarming factor has been added to the miserable litany: Middle-class Americans have had the cost of it all increasingly heaped upon them. Since 2000, U.S. healthcare spending has jumped from 13.3% of our economy to 18.2% this year. The news gets worse for the middle class:
The government has taken on a larger share in recent years as more people age into Medicare, and the Affordable Care Act [ObamaCare] expanded Medicaid and provided subsidies for low-income people buying insurance on state exchanges. Middle-class households…[more]
Beyond the intrinsic merit of human freedom itself, free market economies bring greater prosperity and well-being to mankind than their alternatives.
Socialism's history, in contrast, remains one of comparative misery, material deprivation and brute oppression under the force of government.
That record isn't coincidental or statistically insignificant, given the sheer number of times socialism has been attempted in all corners of the world, in nations of all sizes and in a wide variety of circumstances. Comparative failure and deprivation are simply inherent in socialism itself. …
"For years, ObamaCare supporters have been telling critics of the law to shut up and fall in line. Now, they are urging them to come to its rescue. A key part of President Obama's domestic legacy is sputtering so badly that even the law's boosters are admitting that the federal government needs to do more to prop it up. The ObamaCare exchanges were supposed to enhance choice and hold down costs --…[more]