BloggeRhythms

Much of today’s news includes significant amounts of detail on ongoing issues, from foreign policy, to employment, to the IRS among others, and certainly numerous updates on the incumbent’s health care tax.

 

Reading the various stories about the health tax itself, there’s a sense that perhaps too much is being made of the legislation’s countless flaws individually, while not enough’s being illustrated regarding the incredible costs incurred to accomplish so very little.

 

In that regard, some research out of curiosity led to an article from Monday in dailycaller.com/2014, headlined “Report: Obamacare’s regulatory costs more than double benefits.”

 

The text reads, “The annual costs of Obamacare regulations come in at $6.8 billion a year so far — around 2.5 times the total benefits of its heavy-handed regulations, according to a  study released Monday.

 

The federal government’s estimates of Obamacare’s regulatory “benefits” — what they project in increased efficiency or productivity due to streamlined processes and standards — clock in at just $2.6 billion annually, as opposed to the cost of complying with all those regulations, which is almost $7 billion.

By 2014, when all but those delayed parts of the Affordable Care Act have been implemented, regulations have imposed over $27.2 billion in costs upon the private sector and $8 billion in unfunded state burdens, the report by free-market think tank American Action Forum (AAF) found.”

So, here we have data showing that a combined $35.2 billion’s already been spent on the extremely unpopular tax, while the latest membership sign-ups approximate 4 million people., which if my math’s correct equates to $8,800.00 per person.

 

In contrast then, what would the government gain if they simply put all that cash into an annuity and paid those 4 million folks medical bills as they arose, instead of ruining the greatest health care system in the world.

Which is why perhaps Jeffrey M. Jones of Gallup politics, via Drudge, notes that “U.S. Seniors Have Realigned With the Republican Party.”

According to Mr. Jones, “From 1992 through 2006, seniors had been solidly Democratic and significantly more Democratic than younger Americans. Over the last seven years, seniors have become less Democratic, and have shown an outright preference for the Republican Party since 2010.”

Thus perhaps, what this really illustrates is that seniors who went to school way back when when they actually taught things like math learned how to calculate costs and know how to figure out things like rates of return on investment. Which is why they obviously understand what a financial disaster the health tax is and are taking their political allegiance elsewhere.

Young folks don’t have to worry though. Because since they can’t get jobs, they’ll get away with minimal annual payments. And even if they don’t pay up, the IRS is so inept the odds are they’ll never find the destitute deadbeats comprising the nation’s youth who spend their lives spread out on their parent’s couch watching TV.

 

That’s it for today folks.

Adios