About the economy…

Drudge has the juxtaposition,

Comes to show that when the Fed’s printing money like there’s no tomorrow, the stock market goes up.

And, while you’re at it, IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family
ObamaCare’s $20,000 Per Family Ticket Price will Wreck the Private Insurance Industry

That figure represents almost half the US median income in 2011, of $50,054. And median income is trending downward, as the laughably dishonestly named Affordable Care Act aka ObamaCare pushes prices up to $20,000 per year.

It’s not difficult to envision how this will play out. The upward pressure of insurance costs — some families can expect 85% increases — and the downward pressure of income will drive many Americans out of insurance altogether. Whey they need care, they can face a fine as high as $2,400. So many will opt out of insurance, knowing that they cannot be denied coverage for any pre-existing conditions under ObamaCare. They’ll pay the fine and get insurance if they have to, otherwise they will end up having their health care picked up by the government.

Before long, government will be the only payer, as private insurance companies go bankrupt.

It’s all part of the plan.

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2 Responses to “About the economy…”

  1. jlh Says:

    “HOW HIGH?”

    Is it time to call out all the king;s horses and all the king’s men? Or doesn’t the king want things put back together again?

  2. More #Obamacare job losses. This thing needs to be killed. | Conservatives for America Says:

    […] pages!”  Meanwhile, the cheapest plan for a family of five under Obamacare will cost up to $ 20,000 per year, per the IRS. That’s almost half the median family income in the US. What was that about […]