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free trade & free markets national politics & policies subsidy too much government

Subsidy for Everybody!

According to Vice President Joe Biden, the debate is over. Health care, by which he means medical assistance, is a basic right — to be obtained through government, and made effective by the Affordable Care Act — not a “privilege.”

By “right” he means  “something others are forced to provide,” in this case by taxes, regulations, and the full panoply of U.S. law. Today’s “liberals” like to use the word “privilege” to mean anything obtained without direct government assistance. And therein lies a huge problem.

In his first weekly address of the year, Biden touted how great the ACA, “Obamacare,” is. How affordable it is for families, for everyone! It’s a panacea, though Biden didn’t use the word.

Actually, he didn’t say that we have a right medical care. He said we have a right to health “insurance,” which we’re forced to purchase — and for which many are subsidized, too.

How far does he go with this?

“An awful lot of people who didn’t think they could or would find quality, affordable health insurance are actually able to get assistance from the government to help them pay for their health care plans at a cheaper rate,” he earnestly intoned. “A family of four with an income of around $95,000, they can still get a subsidy to lower their health care premiums.”

You can see where the problem is. If a household making $95,000 per annum can receive subsidies, who’s paying for all this?

Perhaps you.

Can you see why Obamacare’s a prescription for financial disaster?

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets too much government

Startling Subsidy Success

“Moving on from unfulfilling jobs, thanks to health-​care law,” was the gleeful headline* on the story spoon-​fed to The Washington Post by Families USA, a pro-​Obamacare group that maintains a “database of people who have benefitted” from the law (a pretty easy gig, no doubt).

Polly Lower quit her job and says, “It was wonderful.” She didn’t want the job anymore, because she went from “doing payroll, which she liked, to working on her boss’s schedule, which she loathed.”

Take this job and …

Eddie Gonzales-​Novoa left a job making $88,000 annually, because he wanted to help a cancer-​surviving relative start a website for others battling the disease. Now he makes very little, but has more rewarding employment.

Well, if they can afford not to work or to make less in order to do what they want, good for them!

But, if you pay taxes (anyone?), it might not be so good for you. Under the Affordable Care Act, both Eddie and Polly are getting their health insurance subsidized by the taxpayers.

Gonzalez-Novoa’s job change is easy to sympathize with, but why should “the taxpayers” pay for the bill? Might not they have similar dreams of their own to finance?

Lower not only didn’t like her job, she was better off without one — so she receives even more in Obamacare subsidies. She told the Washington Post that she has “adjusted well” to not working.

Sadly, the Post offered no report on how well the taxpayers are adjusting to continuing to work to pay these new subsidies to others.

This is Common Sense. I’m Paul Jacob.

* Print headline was different than online headline.