Last week, Vox (no link) put up a piece spreading the GOOD NEWS! that ♡bamaCare!!! costs less than originally advertised. Would you believe that Vox was …obfuscating… just a wee bit? Of course you would, but here’s Sally Pipes to explain anyway:
A closer look at the CBO’s numbers shows that Obamacare is growing much more expensive — and disruptive.
The CBO now expects Obamacare to cover far fewer uninsured than it previously thought. In a March 2011 report, the nonpartisan agency predicted that Obamacare would extend coverage to 34 million uninsured by 2021. It has since downgraded that number to 27 million — and concluded that Obamacare will leave 31 million Americans without insurance.
So the law’s overall price tag has declined only because it’s covering fewer people.
Left unsaid is the fact that Obamacare is set to spend more per person. If the law is not repealed, Obamacare will shell out $7,740 in subsidies for every person who gains coverage in 2021. That’s a 7% increase over the agency’s per-person estimate in 2011.
Taxpayers — that’s you and me, bub — had better hope and pray that ♡bamaCare!!! keeps failing, because we won’t will be able to afford a success.
RELATED: Staples is reportedly threatening to fire part-timers working more than 25 hours a week, in order to avoid ♡bamaCare!!!’s happy strictures.
♡bamaCare!!! screws the working poor and the middle class alike. It’s a uniter, not a divider.