Monday, September 30, 2013

Obamacare -- hell is ahead

As I write this the stock market is dropping and the nation is headed to a shutdown of government.  This is just an early effect of Obamacare, which threatens to cause untold misery as millions lose their jobs or at best work part-time.

Investors Business Daily has a list of more than 300 companies which have either laid off workers or reduced their hours or both.  Millions of people who earned barely enough to live will have the impossible task of living on even less plus paying high costs of health insurance or  a fine.

A poll by Pepperdine has 63 per cent wanting a one-year delay while 27 per cent don't care if a delay does not happen.  Obama and the Democrats are committed against a delay, planning to grant waivers to favored group such as labor unions. For much of the middle class hell is ahead. 

Think what this will do to the economy.   Millions have been out of work for many months and cannot get jobs because jobs are not out there. Obamacare on top of this could be more than the country can stand.

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