Sunday, June 12, 2016

Don't Be Fooled:We Pay for Their Mistakes

In the real world, colossal failures are met with massive investor losses and law suits for the gross negligence and fraud foisted on the investors.  But a failed government program is met by feeding it more money.  An example: the Affordable Care Act (ACA).

Let us first distinguish the difference between an accomplishment vs. a failure.  Obamacare is a political accomplishment, but a failure based on its own promises.  As purported by the President, Speaker of the House, Majority Leader of the Senate, and every Democrat in Congress, Obamacare promised to lower healthcare premiums by $2,500, if you liked your health insurance plan you could keep it, if you liked your doctor you could keep him, not to add a dime to the budget deficit, to increase competition through government funded cooperatives, and to encourage more entrepreneurs to start businesses, among many other claims.  All of these claims proved false.

The ACA started as a calamity with the building of an e-commerce website costing billions and failing after years of preparation.  Yet, Obamacare not only moves forward but gets more money paid for by – you guessed it – the taxpayer.  The bureaucrats and politicians who created the program still get their pay and retirement benefits.  And for all the knowingly fraudulent claims made, and the gross negligence that no politician who voted for the legislation read it – well – no one was prosecuted.  Consequences like that are reserved for the real world.

So before you ask the government for another program or to “fix” the economy remember, no matter what the result, we pay for their mistakes!   

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