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- FCC Stalls on Internet Regulation; Asks for More Comments
- Why was the Volcker Commission Constrained by Obama’s Tax Pledge, but not the Simpson-Bowles?
- Daily Media Spotlight September 2, 2010
- Harry Reid Looks to Resurrect RES During Lame-Duck
- Calculating the Cost of Government (CFA Site »)
Thursday, September 2, 2010
- Daily Media Spotlight September 1, 2010
-
Obama Tax Commission Report:
Baby Step Toward IRS Tax Preparation - Dina Titus Launches False Attack Ad on Joe Heck and the Taxpayer Protection Pledge
- Indiana LaunchesTransparency Website (CFA Site »)
- Rally for Jobs Kicks Off Today in Texas
Wednesday, September 1, 2010
- Daily Media Spotlight August 31, 2010
- Let us All Join in on the NOT so “Green Cause”
- California Bag Ban Bill Up for Vote Today
- Norquist to Gov. Pat Quinn: Pick a Flawed Income Tax Hike and Stick With It
- Phil Moffett Signs Taxpayer Protection Pledge in Kentucky Gubernatorial Race
- New Mexico Sets Trends in Transparency Websites (CFA Site »)
Tuesday, August 31, 2010
- Robert Gibbs’s Fuzzy Tax Hike Math
- Daily Media Spotlight August 30, 2010
Monday, August 30, 2010
- 2011 Could Be Ugly for Nevada Taxpayers
- Lame Duck Governor Ed Rendell Not Going Gently Into That Good Night – New Call for Higher Taxes
- Happy Cost of Government Day, California
- Bay Staters Spent 239 Days Paying for Government Burdens in 2010 (CFA Site »)
- Washington Welcomes Cost of Government Day (CFA Site »)
Friday, August 27, 2010
- Spill Commission Should Lift Moratorium Which Has Cost Gulf Residents 12,000 Jobs and $2.1 Billion
- Daily Media Spotlight August 26, 2010
- Why is Dan Onorato Knowingly Misleading Pennsylvania Voters?
- Unions plan on spending big this election cycle
- Utah Tobacco Sellers Feeling the Impact of Tax Hikes
Thursday, August 26, 2010
- Daily Media Spotlight August 25, 2010
- WI Democrats Launch “Blatantly False” Attack on Sean Duffy
- Unions plan on spending big this election cycle (AWF Site »)
- Philly's New Blog Tax May Foreshadow Other eTaxes
- BNA: For 14 States, Existing Tax Code Leaves Room for Etax (Stop eTaxes Site »)
- Philly's $300 Blogger Tax (Stop eTaxes Site »)
- Cost of Government Day Arrives in the Commonwealth
- Pennsylvania Finally Celebrates Cost of Government Day
Wednesday, August 25, 2010
- California Budget Proposal Advocates eTax (Stop eTaxes Site »)
- Daily Media Spotlight August 24, 2010
Tuesday, August 24, 2010
- Daily Media Spotlight August 23, 2010
- Government Workers' Pensions are Underfunded by $3 Trillion
Monday, August 23, 2010
- Fourteen Ways to Reduce Government Spending
- FCC Report on Broadband Performance: A Scare Tactic
- Sen. Al Franken Doesn’t Understand Wireless Networks...or the First Amendment
Friday, August 20, 2010
- Daily Media Spotlight August 19, 2010
Thursday, August 19, 2010
How Young People Will Suffer Under Obamacare
From Tim Andrews on Wednesday, September 16, 2009 12:58 PMThe message from President Obama to young people is clear: thank you for voting for me. Now PAY UP!!!!!
The Washington Post today reported on how young people will be forced to pay a dispropritionally high amount in health coverage if Obamacare is passed, stating that they could "wind up paying disproportionately hefty premiums -- effectively subsidizing coverage for their parents".
As one commentator translated: "In other words, we’re going to require young people to get health insurance not so much because they need it, but because we need their money."
Cato's Dan Griswald has detected a pattern: "Those same young workers will be forced to pay the bills for soaring Social Security and Medicare expenditures when the Baby Boomers begin retiring en masse a decade from now. And of course, they will be the ones paying off the $9 trillion in additional federal debt expected to be wracked up from the current explosion in federal spending."
Sigh.














Comments
This is the problem with adverse selection--the problem which this bill would rectify by forcing everyone to join? This is simply a tax on the young and healthy. It's important to note that even without a public option, mandating that people have their own insurance is unacceptable. As always, I'd like to remind the president that we could save money and reduce costs by tort reform. Just sayin.
>> Jeffrey Hosten Wednesday, September 16, 2009 1:38 PM Report Comment
This is precisely why health insurance needs to be mandatory. Higher premiums result when the sickest, most expensive patients flood the new subsidized government plan, thus unbalancing the insurance pool. This drives up premiums. Higher premiums discourage people from purchasing insurance, diminishing the insurance pool. Rules that force insurers to cover high risk patients at a uniform cost only exacerbate this problem. With the mass exodus of healthy people, insurance pools will consist of mostly sick, expensive patients. Where does the money come from to pay for these high costs? Well, young people must be forced to pay!
>> J>Moser Wednesday, September 16, 2009 3:01 PM Report Comment
Are young, healthy people superbeings? Wrong! Tomorrow they can have an accident or become ill? Will care be denied if they are uninsured? No. In a civilized society we all contribute; we all benefit. It's an American tradition, at least since the automobile. Want to register a car? You need proof of insurance. Are young drivers saying "I won't have an accident. I don't need insurance." No. If your state says you must have automobile insurance, you must. I have paid auto insurance for years and never had an accident. But, my premiums are on "automatic" each month, to be sure it doesn't lapse. I want it to be there if and when I need it. Health insurance is no different.
>> Gillian Boardman Wednesday, September 16, 2009 5:02 PM Report Comment
Well, this is exactly why the Government needs to keep their grubby little hands off the Market of Health care, look at all the other examples, like I dont know... THIS ONE!
>> Hunter Friday, September 18, 2009 10:11 AM Report Comment
Because of the recession my salary has been halved. I'm grateful to be self employed, to have some kind of a job but my pay rate is just $8 an hour. Most months I make around $13-1500 before taxes. Even with tax credits Obamacare will be of no help to me. Rents in my area are $1000+ a month. By requiring me to spend so much a month ( I think it would be $200 a month or 13% of my income) I will have no money to pay a rent increase. .
>> katiestevens2003 Wednesday, September 23, 2009 12:07 AM Report Comment