FT102: “Unlike welfare benefits health care costs are transferred to the young, not the rich.” -Old Pithy

Posted by PITHOCRATES - January 27th, 2012

Fundamental Truth

An Undereducated and Inexperienced Electorate benefits Democrats

Tax and spend liberals tax the rich to help the poor.  Something the rich don’t completely object to.  For many rich people are in favor of a safety net for those falling on hard economic times.  The rich just object to the growing welfare state.  Where the governments take ever larger sums of money out of the private economy to spend for political purposes.  To buy votes.

A lot of these feel-good welfare programs appeal to the young.  Who don’t understand policy.  Economics.  Or the effect of high taxes on the economy.  They don’t know.  Because no one taught them.  Their public school education has, instead, taught them about the perils of global warming.  And the evils of capitalism.  Which makes them staunch Democrat voters.  Until they start earning a living.  And begin raising a family.  When a lot of them become Republicans.  Which is why Democrats characterize the Republican Party as nothing but a bunch of old rich people who hate poor people.  Which they’re not.  They’ve just grown up.  And now understand things economic.

That’s why the Democrats need this youth vote.  And even floated the idea of lowering the voting age to 16.  Interesting considering the legal drinking age is 21 in most states.  Which begs the question if they are too irresponsible to drink until they reach the age of 21 why would anyone think they’re responsible enough to vote at 18 let alone 16?  But clearly an undereducated and inexperienced electorate benefits Democrats.  Who will vote for them without any idea of the consequence of their policies.

Obamacare will Require the 97% of Young People who don’t Consume Health Care Benefits to Pay for those who Do

The young support Obamacare.  And national health care.  Because they don’t understand health care.  Or the fact that more than 40% of all patients in the health care system are age 65 or older.  While they, those age 18-29, make up just 3% of all patients.

This is different from all other welfare programs.  Where we tax the rich to help the poor.  Many of the rich also happen to be age 65 or more.  So we’re basically taxing rich old people to help the poor.  Now note the difference with health care.  We’re not ‘taxing’ rich old people to help sick people.  We’re ‘taxing’ young healthy people to pay for sick old people.  And the vast majority of the young are not rich.  They are just at the beginning of their careers.  But they are healthy.  Which brings us to a very critical point in the health care debate.  Healthy people don’t see the doctor.  Because they don’t need to.  Which makes many of these young people choose not to buy health insurance.  Because they don’t need to.  Not when only 3% of them are consuming health care services.  Which is why health insurance is so expensive.  The only people who want to buy it are the biggest consumers of health care services.  That would be like people buying auto insurance only after their car was stolen.  Which doesn’t spread the risk over many policies for a small fee.  It doesn’t spread the risk at all.  And the cost of one insurance policy must approach the cost to replace a stolen car.  Which is not insurance in any sense of the word.

Obamacare includes an individual mandate to purchase health insurance.  Which means the 97% of young people who don’t consume any health care benefits will pay for those who do.  Including the more than 40% age 65 and older.  Which makes it the only government program to transfer costs to those who can least afford them.  Those just starting their careers.  Those age 18-29.

The Youth will Understand Obamacare Forcing them to Buy an Expensive Insurance Policy

The Democrats usually can count on the youth vote.  Because they are undereducated and inexperienced.  And vote for their policies without understanding the consequences of these policies.  But they will understand Obamacare forcing them to buy an expensive insurance policy.  Especially if they have to give up using their smartphone to pay for it.  Which will educate and experience them fast.  Making them responsible grownups.  And Republicans sooner rather than later.

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