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]
On Monday, Federal Reserve Chairman Janet Yellen gave a somber assessment of the current jobs market, throwing cold water on President Obama's election-year messaging. President Obama has been bragging that America has "the strongest" economy in the world.
Right, and pigs can fly. GDP growth under Obama has averaged a stagnant 1.7 percent a year. Meanwhile, Ireland is growing at nearly 8 percent, and India at 7 percent.
And the Obama economy isn't only a loser when compared with other countries. Compared with what Americans enjoyed for decades, this is "the worst economic-growth…
"That didn't take long. It was beyond question Hillary Clinton would play the race card. The only issue was when. Progressives are born without forearms, which affords them the ability to have so many such cards up their sleeves. But playing it this early and this forcefully does not demonstrate strength on Hillary's part; it's a testament to her insecurity and weakness. ...The 'racist' cries are…[more]
—Derek Hunter, Radio Host, Political Strategist and Daily Caller Contributor
— Derek Hunter, Radio Host, Political Strategist and Daily Caller Contributor