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Tuesday, November 19, 2013

Obamacare: The Final Nail In The Coffin For The Middle Class

If there were any shreds of hope left that the stunning decline of the middle class could be turned around, Obamacare has absolutely destroyed them. Over the past decade or so, the middle class in the United States has been absolutely eviscerated.

The number of working age Americans without a job has increased by 27 million since the year 2000, median household income in the U.S. has fallen for five years in a row, and the poverty numbers in this country are spiraling out of control. And now here comes Obamacare. As you will see below, Obamacare is causing millions of Americans to lose their current health insurance policies, it is causing health insurance premiums to explode to absolutely ridiculous levels, and it is systematically killing jobs even though the employer mandate has been delayed for a while. All of this is creating a tremendous amount of stress for millions of middle class families that are already stretched extremely thin financially. According to CNN, a survey that was conducted earlier this year found that 76 percent of all Americans are living paycheck to paycheck. Most of those families simply cannot afford to pay much higher health insurance premiums for new policies that also come with much larger deductibles and significantly increased out-of-pocket costs. Millions of those families will ultimately end up choosing to do without health insurance altogether, and that will create a whole host of new problems. This is a disaster that is so enormous that it is really hard to put into words. If the U.S. health care system was a separate country, it would be the 6th largest economy on the entire globe all by itself. And now Obamacare is going to bring the entire U.S. health care system to its knees.

Obamacare: Since October 1st, The Number Of Americans With Health Insurance Has Fallen By Nearly 4 Million

Last week, Barack Obama decided to allow Americans to keep their current health insurance plans for one more year.



Anonymous said...

The middle class has been in a downward spiral since the early 80's. When we got sold a bill of goods about trickle down......

Anonymous said...

Everything is going just like Obama planned..
Destroy our country and then start over through total government control. With government controling every aspect of your life. Whether you call it communism, marxism, or whatever.

Anonymous said...

Obama = one glorified Muslim country, wake up people.

Anonymous said...

Again, I can not emphasize enough, we must begin on the local level and get the liberal Democrats out of office. We must begin at the city level, county level and state level. I and my wife are retired and on fixed income. We were paying $444 a month for good health insurance. Thanks to Democrats we now pay $596. That's $1800 more a year. Our Country can survive Obama, but we can't survive the idiot liberals that voted for him.

Anonymous said...

12:00 that was a very well though out political argument, or whatever.