All the King's Horses, All the King's Men...
April 13th, 2010
By Barry Secrest
Healthcare Prices Too High? The Democrats' Answer: Increase the Costs = Typical
The President had much to say in his Charlotte visit and promotion of the Stimulus. He reminded us, yet again, that he had inherited an economy which has been at its worst overall since the Great Depression. The fact that the President's legislative agenda has been so damaging to the economy since he entered office never seems to make it into the President's speeches. In addition, both the President and Congress fail to ever mention the fact that it was their legislative actions, under the Community Reinvestment Act, that caused the current economic dysphoria in the first place.
The President made a point to emphasize that the economy had added 162,000 jobs this month. Most experts have stated that this particular increase was due to the Government's hiring of Census Workers for the Summer. So the economy--via the Government--did add jobs; however, the jobs will be temporary and are Government jobs to boot-- and--will be paid for by taxpayers.
The President went on to state that while paychecks were flatlining various expenses--including healthcare coverage-- were increasing. Our take on this point would be--you haven't seen anything yet. The figures that have been touted for future healthcare coverage with regard to the new healthcare law have been estimated in the 15-20% range just for starters. So we can now begin to see that the Democrats' main explanation for establishing Healthcare Reform Law is, indeed, bogus. Costs are guaranteed to go up, as insurers must now include a veritable host of health maladies which are difficult to underwrite for and establish sufficient rates to pay claims while maintaining healthy claims reserves (as required by authorities).
A Liberal's Idea of Job Creating Stimulus: It Pays Well (Apparently) to Be a Junkie Monkey
The President then stated that Government had been very busy in its efforts to help Business create jobs and touted the Stimulus Plan as being one of the chief job creators. WE all now know what types of jobs have been created so far by the Stimulus. The following is an actual list, courtesy of the Civitas Institute, of just a few of the Stimulus Jobs created here in North Carolina:
1. Study of Monkeys using Cocaine $ 71,623.00
This particular job creating study was of rare importance for the individuals in Mexico who, perhaps, illegally traffic cocaine our way. Not to mention the monkeys who are, indeed, integral in our economy for reasons as yet unknown.