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  • Obamacare cost...

    Last year when it was signed, it was penned at $900 Billion.

    Today...CBO says the actual cost will be $1.8 Trillion.

    This is my beef with the whole program. Not that I don't want people to have healthcare, because my own mother is somewhat uninsurable.

    But the price has doubled in 1 year, and they haven't even done anything with it yet.

    This is where I have a problem with the program.

  • #2
    Originally posted by The_Tick View Post
    Last year when it was signed, it was penned at $900 Billion.

    Today...CBO says the actual cost will be $1.8 Trillion.

    This is my beef with the whole program. Not that I don't want people to have healthcare, because my own mother is somewhat uninsurable.

    But the price has doubled in 1 year, and they haven't even done anything with it yet.

    This is where I have a problem with the program.
    Those who shoved this down our throats knew the true cost from the beginning, but lied about it. It's vitally important that the GOP gain enough of a majority in both the House and Senate in order to repeal this economy killer, because the Supreme Court won't overturn it, especially with the activists that Obama appointed.

    The $1.7 trillion price tag is actually only the cost for 9 years, rather than the 10 the Liar-in-Chief claims. It will cost over $2 trillion to fund it for 10 years.

    http://www.forbes.com/sites/gracemar...getting-worse/
    Last edited by il Padrino Ute; 03-15-2012, 08:59 AM.
    "Socialism is a philosophy of failure, the creed of ignorance and the gospel of envy; its inherent virtue is the equal sharing of misery." - Winston Churchill


    "I only know what I hear on the news." - Dear Leader

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    • #3
      Originally posted by il Padrino Ute View Post
      Those who shoved this down our throats knew the true cost from the beginning, but lied about it. It's vitally important that the GOP gain enough of a majority in both the House and Senate in order to repeal this economy killer, because the Supreme Court won't overturn it, especially with the activists that Obama appointed.

      The $1.7 trillion price tag is actually only the cost for 9 years, rather than the 10 the Liar-in-Chief claims. It will cost over $2 trillion to fund it for 10 years.

      http://www.forbes.com/sites/gracemar...getting-worse/
      I don't go this far, but I do believe they had no idea how much it will cost and still don't. There's no way to accurately predict the costs of such a behemoth. I believe they hoped it would be under a trillion in the same way they hoped the stimulus would keep unemployment below 8%. But I think we all know how well hope works in public policy now.

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      • #4
        Originally posted by The_Tick View Post
        Last year when it was signed, it was penned at $900 Billion.

        Today...CBO says the actual cost will be $1.8 Trillion.

        This is my beef with the whole program. Not that I don't want people to have healthcare, because my own mother is somewhat uninsurable.

        But the price has doubled in 1 year, and they haven't even done anything with it yet.

        This is where I have a problem with the program.
        Is that only the cost to the government? I know actuaries are building in some increase in costs beginning in 2014 for companies that have health care plans.
        "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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        • #5
          This was written on the back of a payment envelope we received a year or so.

          "You interns are like swallows. You shit all over my patients for six weeks and then fly off."

          "Don't be sorry, it's not your fault. It's my fault for overestimating your competence."

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          • #6
            Originally posted by hostile View Post
            This was written on the back of a payment envelope we received a year or so.

            This person votes.

            Sometimes, I wish the property owner requirement had taken hold.
            At least the Big Ten went after a big-time addition in Nebraska; the Pac-10 wanted a game so badly, it added Utah
            -Berry Trammel, 12/3/10

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            • #7
              Originally posted by ERCougar View Post
              This person votes.

              Sometimes, I wish the property owner requirement had taken hold.
              I know. We keep it posted in the office for occasional humor.
              "You interns are like swallows. You shit all over my patients for six weeks and then fly off."

              "Don't be sorry, it's not your fault. It's my fault for overestimating your competence."

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              • #8
                Originally posted by ERCougar View Post
                This person votes.

                Sometimes, I wish the property owner requirement had taken hold.
                He probably has property. I bet he's the head of his local Eagle Forum chapter.
                "In conclusion, let me give a shout-out to dirty sex. What a great thing it is" - Northwestcoug
                "And you people wonder why you've had extermination orders issued against you." - landpoke
                "Can't . . . let . . . foolish statements . . . by . . . BYU fans . . . go . . . unanswered . . . ." - LA Ute

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                • #9
                  Companies laying off due to Obamacare...

                  Welch Allyn
                  Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.

                  Dana Holding Corp.
                  As recently as a week ago, a global auto parts manufacturing company in Ohio known as Dana Holding Corp., warned their employees of potential layoffs, citing "$24 million over the next six years in additional U.S. health care expenses". After laying off several white collar staffers, company insiders have hinted at more to come. The company will have to cover the additional $24 million cost somehow, which will likely equate to numerous cuts in their current workforce of 25,500 worldwide.

                  Stryker
                  One of the biggest medical device manufacturers in the world, Stryker will close their facility in Orchard Park, New York, eliminating 96 jobs in December. Worse, they plan on countering the medical device tax in Obamacare by slashing 5% of their global workforce - an estimated 1,170 positions.

                  Boston Scientific
                  In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed taxes in the health care reform bill could "lead to significant job losses" for his company. Nearly two years later, Elliott announced that the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas - to China.

                  Medtronic
                  In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs. That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.

                  Others
                  A short list of other companies facing future layoffs at the hands of Obamacare:
                  Smith & Nephew - 770 layoffs
                  Abbott Labs - 700 layoffs
                  Covidien - 595 layoffs
                  Kinetic Concepts - 427 layoffs
                  St. Jude Medical - 300 layoffs
                  Hill Rom - 200 layoffs

                  Beyond the complete elimination of a significant number of American jobs is another looming problem created by the health care law - a shift from full-time to part-time workers.
                  Add to the above list... My BIL was just laid off from what he was told because of rising health care costs. He had worked for his company for 20 years.
                  "If there is one thing I am, it's always right." -Ted Nugent.
                  "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
                  "Yet I still see wisdom in that which Uncle Ted posts." -creek.
                  GIVE 'EM HELL, BRIGHAM!

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                  • #10
                    Papa Johns will cut employees hours and price of pizza will increase.

                    http://www.huffingtonpost.com/2012/1...n_2104202.html
                    "Nobody listens to Turtle."
                    -Turtle
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                    • #11
                      Originally posted by Surfah View Post
                      Papa Johns price of pizza will increase.
                      Give 'em Hell, Cougars!!!

                      For all this His anger is not turned away, but His hand is stretched out still.

                      Not long ago an obituary appeared in the Salt Lake Tribune that said the recently departed had "died doing what he enjoyed most—watching BYU lose."

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                      • #12
                        Originally posted by Surfah View Post
                        Papa Johns will cut employees hours and price of pizza will increase.

                        http://www.huffingtonpost.com/2012/1...n_2104202.html
                        Payton Manning is a greedy SOB.
                        Fitter. Happier. More Productive.

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                        • #13
                          Originally posted by Surfah View Post
                          Papa Johns will cut employees hours and price of pizza will increase.

                          http://www.huffingtonpost.com/2012/1...n_2104202.html

                          THIS IS THE FINAL STRAW!
                          Will donate kidney for B12 membership.

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                          • #14
                            Originally posted by Surfah View Post
                            Papa Johns will cut employees hours and price of pizza will increase.

                            http://www.huffingtonpost.com/2012/1...n_2104202.html
                            I can imagine swift legislation following to prevent companies with certain thresholds of employee numbers from having no full-time employees in order to avoid giving them healthcare.

                            This is a stupid move, inviting the government to increase regulation.

                            Also, Papa John's pizza tastes like glorified school lunch pizza, so avoiding buying them due to unfair labor practices (this is why unions can still be relevant) will be an easy task.
                            "Yeah, but never trust a Ph.D who has an MBA as well. The PhD symbolizes intelligence and discipline. The MBA symbolizes lust for power." -- Katy Lied

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                            • #15
                              That's just an unintended consequence of the legistlation. Companies aren't going to shell out 10k for a health plan when they can pay a 2500 dollar fine. The fact that companies are going to have more employees working less hours is another unintended consequence.
                              Will donate kidney for B12 membership.

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