The White House never stops talking about the middle class.
Based on what we hear out of the White House, it’s safe to assume that President Obama wakes up every morning, gargles, and immediately begins thinking about what he can do for the middle class.
After lunch, before taking his nap, he wonders to himself, Have I done enough so far today for the middle class? If the answer is no, he still takes his nap, but he gets on the case immediately upon waking up two hours later. Sometimes, an aide will be talking about, say Iran, or something, and Obama will suddenly interject, “WHAT HAVE YOU DONE FOR THE MIDDLE CLASE TODAY??”
The middle class, of course, is not what this White House is about. Its incessant assertions of providential care for average income earners has a distinct doth protest too much, methinks, ring to it. Rather, the White House’s voluble concern for the middle class is a political tactic – the middle class has lots and lots of voters – and a smokescreen for what Obama is really up to: Transferring wealth from the upper and yes, the middle class, to the lower class.
We see this today in no less than the New York Times – I know, a famous Tea Party news outlet – which is running at the top of its website a story titled, “Health Care Law Frustrates Many in the Middle Class.”
Even the Times, it appears, has finally discovered that the Affordable Care Act is not at all about making care affordable. It’s about taking money from the middle class and giving it to poor people. It’s a wealth redistribution scheme.
Many in the middle class do not qualify for assistance with their purchase of insurance, even as premiums rise to pay for the new costs to insurers caused by Obamacare. Middle class people who work hard and pay for their insurance are, to use a technical term employed by financial advisors, screwed.
From the piece:
An analysis by The New York Times shows the cost of premiums for people who just miss qualifying for subsidies varies widely across the country and rises rapidly for people in their 50s and 60s. In some places, prices can quickly approach 20 percent of a person’s income.
Experts consider health insurance unaffordable once it exceeds 10 percent of annual income. By that measure, a 50-year-old making $50,000 a year, or just above the qualifying limit for assistance, would find the cheapest available plan to be unaffordable in more than 170 counties around the country, ranging from Anchorage to Jackson, Miss.
A 60-year-old living in Polk County, in northwestern Wisconsin, and earning $50,000 a year, for example, would have to spend more than 19 percent of his income, or $9,801 annually, to buy one of the cheapest plans available there.
The subsidies “are well targeted for people who are uninsured or underinsured,” said Sara R. Collins, an executive with the Commonwealth Fund, a private foundation that finances health policy research. “That is really where the firepower of the law is focused.”
Did you think Obamacare was for you? Did you?
Well, Obamacare is for you, in the sense that, it’s coming for your money.