Obamacare: a Budgetary Black Hole

Barack Obama and Rev. Jeremiah Wright of Trinity United Church of Christ in Chicago

Cato Institute’s Dan Mitchell writes, “In Washington there’s rarely a downside for doing the wrong thing. Instead, this could be like TARP. A reward for bad behavior.”

Dan tells readers, “The big insurance companies got into bed with the White House, figuring it was a good idea for the federal government to coerce Americans into buying their product. As far as I am concerned they should swallow heavy losses.” As Dan further notes, “The history of entitlement programs is that they are bad news in theory and even worse news in reality.”

Americans have a chance in the midterm elections to ask but three simple questions of candidates. The answer yes is required for each question or the candidate is instantly flushed. (1) Would you vote to repeal Obamacare? (2) Are you against amnesty for illegals? (3) Are you against involving the U.S. military in the civil/religious wars in Iraq and Syria?

Voters must focus laser like in the midterms. Barack Obama has recently been voted the worst president since WWII—not a surprise, as the man had no presidential resume. He will not go down as the deadly “scourge” that Woodrow Wilson (WWI, income tax, Fed) was, but the guy has earned a place in the rogues gallery of failed American presidents. In retrospect, how did any American believe that an individual who had grown up under the tutelage of the Marxist-driven Reverend Jeremiah Wright merited consideration as the President of our Federal Republic?