Health Care Bill will Further Ruin Our Economy
Posted on | July 22, 2009 | 3 Comments
President Obama, I know you enjoy taking from the rich to give to the poor but your Robin Hood tactics are not going to help this economy. In the new health care bill your administration is suggesting that the rich get taxed more to pay for the uninsured. The government does not have the right to tax one specific demographic to benefit another. Once again, you are taxing the rich to give to the poor!
The other disaster that will occur from this bill is the loss of MORE jobs. You have tried so hard to promote the idea that your stimulus package would increase jobs. Well, when the health care bill goes into effect you will see even steeper job losses. You are going to enforce a bill that demands small business owners pay a tax as high as 8% of their payroll if they do not offer insurance. Couple this with the increase in income taxes for high earners and you are spelling doom for this economy. To offset the 8% tax on payroll from the Health Care Bill, what do you think small businesses are going to do…..CUT PAYROLL! Great, more job cuts from small businesses, sounds like a great plan!
For our president to claim he is increasing jobs throughout this country, he sure seems to be doing a lot to make sure that job losses continue to increase. Maybe our administration will figure it out one day…..doubt it!
Please return to Subprime Blogger each weekday to read my daily rants. Yesterday’s rant telling Ben Bernanke how I felt is available here: Ben Bernanke, Please Let the Markets Set Interest Rates
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July 23rd, 2009 @ 12:41 pm
[...] Please return to Subprime Blogger each weekday to get my daily Subprime Blogger rants. Yesterdays rant about the Health Care Bill is available here: Health Care Bill Will Further Ruin Our Economy. [...]
July 24th, 2009 @ 2:23 am
[...] Please read the entire article here: Health Care Bill Will Further Ruin Our Economy! [...]
July 24th, 2009 @ 2:23 am
[...] Please read the entire article here: Health Care Bill Will Further Ruin Our Economy! [...]