Obamacare

Bush had two wars going and still kept the budget in control. All below what Clinton had as his high. Until two lefties, Pelosi and Reid, took over the Congress and completely disregarded efforts to control the budgets. And then Obama came along and has completely blown the US budget. Watch the line in this chart. Really very depressing if anyone really cares about the future of the US.

http://www.advisorperspectives.com/...-to-gdp.html?federal-debt-to-gdp-politics.gif

federal-debt-to-gdp-politics.gif
 

There is Always a 2 to 5 year "Time Lag" between major decisions made during Any administration, and when the effects are felt on the general economy and National Debt. This chart Clearly shows the massive effects WWII had on our National Debt, when the numbers went Sky High in the late 40's...After WWII. However, Truman and Eisenhower had the good sense to pay down this debt with individual income tax rates that rose as high as 92%.

Bush initiated two Unfunded wars...and even reduced the tax rates during the height of the Iraq/Afghan wars, and the National Debt is reflecting the fallacy of his administrations policies. The Only way to bring this situation back into balance will be to increase the taxes, and put some good controls on wasteful government spending...both highly unlikely given that our Government is fully under control of the Oligarchy. There are almost 100,000 pages in our IRS tax codes...99% of which are beneficial Only to the Wealthy and Corporations.

With regard to Obamacare...the jury is still out, and it will be another couple of years before the full effects of that legislation become apparent. The numbers being bantered about currently reflect the "opinions" of the proponents/opponents of this legislation, and perhaps by 2017 we will have a far better picture about how the ACA will be doing with regard to reducing the numbers of those who are uninsured, and how much, if any, it will reduce our overall health care costs.
 

Having retired two years before eligibility for Medicare, Obamacare (or Covered California as we call it here) has been a Godsend for me. My monthly premium is one sixth what the opponents of Obamacare would have me pay. The coverage is at least as good, if not better than what I had working as a legal assistant for a large national law firm. For that alone, I will always love President Obama. But there are so many other reasons to love him - I'll save that for another post!
 
I was tempted to interject here but remembered how impossible it is to try and present facts to those set upon retaining their fanatic "reality". Glinda, you reflect what many have said about the ACA. It is a wonderful program and so helpful to so many. Thanks for your story.
 
Thanks for all the charts, when I get a chance I'll look in my files and try to find the chart showing the 38% drop in value of my ING supplemental retirement account, back in 2007-2008.

I do appreciate my portion of the $152 Billion dollars that Pres. Bush authorized through The Economic Stimulus Act of 2008. Of course, my $1200 spent quickly, didn't come close to equaling my property tax, income tax, road tax or sales tax. And, it certainly didn't come close to the [.pdf download link] trillions of dollars that the Wall St. bandits made disappear.
 
tnthomas said:
Thanks for all the charts, when I get a chance I'll look in my files and try to find the chart showing the 38% drop in value of my ING supplemental retirement account, back in 2007-2008.

I do appreciate my portion of the $152 Billion dollars that Pres. Bush authorized through The Economic Stimulus Act of 2008. Of course, my $1200 spent quickly, didn't come close to equaling my property tax, income tax, road tax or sales tax. And, it certainly didn't come close to the [.pdf download link] trillions of dollars that the Wall St. bandits made disappear.
Click to expand...

Now just imagine if your SS was tied to Wall Street!! This is the DREAM of most of the GOP...
 
AZ Jim said:
I was tempted to interject here but remembered how impossible it is to try and present facts to those set upon retaining their fanatic "reality". Glinda, you reflect what many have said about the ACA. It is a wonderful program and so helpful to so many. Thanks for your story.
Click to expand...

In addition, if so many Red States hadn't refused to implement Medicaid expansion, in order to "stick it" to Obama.. many, many, more.. particularly the working poor would have insurance. BUT... it's far better to "stick it" to Obama than to actually help people..
 
QuickSilver said:
In addition, if so many Red States hadn't refused to implement Medicaid expansion, in order to "stick it" to Obama.. many, many, more.. particularly the working poor would have insurance. BUT... it's far better to "stick it" to Obama than to actually help people..
Click to expand...

Of course it's the "good ole boys we showed him syndrome".
 
How you folks can look at legitimate charts and say they have no honest meanings. Where did those charts come from. I have never seen them before but the charts I posted have been around for years and respected by many.

I don't think I am wrong in believing those charts I used. The numbers you are using are different than what I am showing. You like to show how Clinton came in low, but he had a Republican Congress holding him back and reducing debt. Just the opposite on Bush who had a Democrat Congress in his last two years and they jumped the debt way high in spite of Bushes want to not spend so much. His two wars did cost some dollars and that shows in the chart just after Clinton left and then the Democrat years show in Bush's last two years.

Read the charts I used and the percent charts do not really show how wild things really are. Obama started at 10 trillion and we are now at 18 trillion, how does that get reduced to only 35%. Oh yes, I see. That 35% was only for his first 2 years. Lets get more honest and look at my charts. I am not wrong again, as some claim.
 
So that's why Obama is so low... He has a Republican Congress.... and HAS had a Republican HOUSE for most of his Tenure.. and the House controls the "purse strings" right? SO... now.. what do you have to say?? lol!!
 
The Democrat Senate under Reid, refused to address any Republican submissions. That then shows the Democrats to once again be the problem, other than Obama has not asked any Congress as he just keeps on doing illegal things like make laws appear or change just on his voice commands. Not good according to the Constitution as that is the job of the Congress.
 
WhatInThe said:
Obama Care and H&R Block. H&R Block doubled lobbying efforts starting in 2009. Inside track on the "tax" called Obama Care individual mandate? Block stand to make up to 30 dollars per Obama Care form.

http://dailycaller.com/2015/02/24/hr-block-helped-shape-obamacare-now-set-for-gigantic-payday/1/

Actually nothing but the routine lobbying that has gone on for decades
Click to expand...

Obamacare, like virtually ALL legislation which passes through Washington, was written By and For the Special Interests...and the politicians only "Sponsored" this legislation. Pelosi was right when she said it needed to be passed so we could find out all the details. While this legislation purports to help the needy, it comes with a great deal of unknowns that will begin to surface as time passes. You can bet that these Lobbyists skillfully wrote it such that their Clients will ultimately be reaping the greatest benefits. In a few weeks/months, the Supreme Court is going to have to rule on a decision about these Subsidies, and their ruling could throw this entire legislation effectively out the door, and totally upend our Health care system.
 

You must log in or register to reply here.

Back
Top