18 October 2008

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Obama's Health Care Plan Fails in Hawaii after just 7 Months

AP is reporting that the Universal Health Care program in Hawaii, which played a significant role in modeling Obama's plan has nearly bankrupted the state after only seven months. Obama's plan, which actually will cost more to fund per person has been projected to increase the national debt and taxes exponentially will almost certainly do the same. An excerpt from the article is below:

HONOLULU – Hawaii is dropping the only state universal child health care program in the country just seven months after it launched.

Gov. Linda Lingle's administration cited budget shortfalls and other available health care options for eliminating funding for the program. A state official said families were dropping private coverage so their children would be eligible for the subsidized plan.

"People who were already able to afford health care began to stop paying for it so they could get it for free," said Dr. Kenny Fink, the administrator for Med-QUEST at the Department of Human Services. "I don't believe that was the intent of the program."

I really hope people wake up and realize that as nice an idea as it seems to ensure everyone has health insurance, it is impossible to afford. Those who point to Europe as an example either fail to realize or don't care to state that nearly 80% of their income is sent to the government in taxes, which will quickly happen here should an Obama administration come into office and becomes unable to pay for all of their promised programs.

Since Obama keeps up this mindless mantra that 95% of Americans will receive a tax cut (although only 60% of Americans work) I'd like to give people an idea of what 80% of their income going to the government means, I ran a few numbers.

-292 days of the year you will be working for the Government.
-9.6 months you will be working for the Government.
-A baby can be can be carried full-term and delivered before you have finished paying your taxes for the year.
-Your son or daughter can start their senior year of high school and graduate before you've finished paying for someone else's free health care. Don't worry, Obama plans spending plans (ahem, needing your tax dollars to fund) for college too!

A worker earning $35,000 per year will net $7,000.

A $2,000 pay check will clear $400, not including union dues and retirement IRA's.

A $20 per hour job will clear $4 per hour, almost $3 lower than the current minimum wage.

4 comments:

The New Conservative said...

Where did you find this story?

Greybeard said...

Hey man, like tnc, I'd like to know your reference for this.

Findalis said...

This is what happens when you try to socialize the nation. God help us if Obama is elected.

Anonymous said...

Um... Don't know where you get your facts but taxes in both the United Kingdoms and Canada are comparable to those in the U.S. But accuracy doesn't seem to be your objective, and your minions seem to love being misinformed. They just want someone to reinforce their misguided views.

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