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Jonathan Gruber, the architect of Obamacare aka the “Affordable Care Act” went on CNN yesterday to tell us all that the system is working. Obamacare is “working as designed”. However, it could work better.
To refresh your memory, Jonathan Gruber, an MIT professor of Economics, last year said the “stupidity of the American people” helped pass Obamacare. The Hill reported the transcript:
“Lack of transparency is a huge political advantage,” Gruber said. “And basically, call it the stupidity of the American voter or whatever, but basically that was really, really critical for the thing to pass.”
Well, good ol’ Professor Gruber is back and, once again, relying on the “stupidity of the American voter”. On CNN, he explained to anchor Carol Costello why it’s working and how it could work better. Let’s watch this (painful) video.
Shall we take a moment to ponder the three main people who claim credit for Obamacare?
Moving on to Gruber yesterday.
Real Clear Politics provided the transcript and the arrogance, cynicism and stupidity of Professor Gruber is astonishing.
The 22% increase [in health care premiums], let’s remember who that applies to. That applies to a very small fraction of people, who have to buy insurance without the subsidies that are available.
85% of people buying insurance on the exchanges get subsidies. And for those people, this premium increase doesn’t affect them.
Now, for those remaining people, that is a problem, and that’s something that we need to address, but it’s not a crisis. It doesn’t mean the system’s collapsing. And most importantly, it doesn’t affect the 150 million Americans who get employer insurance, who have actually seen their premiums fall dramatically, relative to what was expected before Obamacare.
For some of us, it’s not a 22% increase, it’s more like a 45% increase. We don’t get subsidies or money taxed from other people aka OPM (other peoples’ money).
Professor Gruber is an Economics Professor who doesn’t understand Economics, or again, thinks we are all stupid. People who get their healthcare through their employer will have their premiums go up. Either they will pay a larger portion or their employer will pay a larger portion of the premiums. This means either less purchasing power for the employee. Or. The employer will have to raise prices on the goods and services she provides to cover the increased premiums. The higher prices means the consumer has less purchasing power.
More from Gruber:
The law is working as designed; however, it could work better, and I think probably the most important thing experts would agree on is that we need a larger mandate penalty. We have individuals who are essentially free riding on the system. They’re essentially waiting until they get sick and then getting health insurance.
Oh, a larger mandate penalty. More money or prison time? Let me break this down for the Professor. Sentient, rational human beings act in their own enlightened, self interest. Or, to put in small words that Professor Gruber might understand…a girl is gonna do what a girl has got to do to survive.
I encourage everyone to read “The Ruling Class” by Angelo Codevilla to understand people like Barack Obama, the Clinton family and the Bush family and their followers like, Jonathan Gruber.
Obamacare is imploding. It must be repealed and replaced for the future of healthcare in the United States of America.
It’s working exactly as planned. They planned for it to fail so they could force everyone into single payer — ie government provided care.
Trixie B-
I think you are spot on.
TW
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