As Obamacare is set to Raise Costs for Old Sick People and Export Jobs Democrats suffer Buyer’s Remorse

Posted by PITHOCRATES - December 16th, 2012

Week in Review

The Republicans warned that Obamacare was too expensive.  But did the Democrats listen?  No.  They were hell-bent on passing anything remotely resembling national health care.  They even voted for it without reading the final bill.  Though at 2,000+ pages chances are they knew what was in it.  As it was probably sitting in a drawer someplace waiting for the perfect time to introduce it.  And that time came in 2010.  With liberal Democrats in charge of the House of Representatives, the Senate and the White House.

The vote was along party lines.  No Republican voted for it because it was too costly.  Some Democrats voted against it but they were able to bribe a couple of holdouts with some political favors and kickbacks to get the necessary votes to pass it into law.  Now some of these same Democrats are saying whoa, now, let’s not be so hasty implementing the law (see Obamacare’s Tax Chickens Come Home to Roost by Peter Roff posted 12/13/2012 on US News and World Report).

Call it politics as usual. Call it hypocrisy. Call it whatever you like—the fact remains that Obamacare’s chickens are coming home to roost and some Democrats don’t like it one bit…

… As the Republicans warned, time and again, Obamacare includes any number of hidden and not so hidden tax increases that are going to hit everyone where it hurts, right in the wallet.

This is especially true for sick people, who are very soon going to have to pay a new medical device tax that is scheduled to go in to effect on January 1, 2013. It’s a $20 billion tax, the Medical Device Manufacturers Association says, based on a 2.3 percent excise tax assessed on a manufacturer’s yearly gross sales—regardless of whether they show a profit. And, like anything else, the cost of the new tax will be passed along to consumers and taxpayers in the form of higher prices.

The medical device industry is one of the few flourishing in America these days. By taxing it, Obamacare creates an incentive to move operations overseas or, as the Democrats like to put it, “exporting jobs.”

Taxing sick people is bad politics. Exporting jobs is bad politics. Which is probably why, it should come as no surprise, that a large number of Democrats in the U.S. Senate who voted for Obamacare and its medical device tax in the first place now want Senate Majority Leader Harry Reid to put the breaks [sic] on its implementation.

At first the thought of taxing businesses $20 billion was no doubt too delicious for these Democrats to pass up.  But now that they risk cheesing off one of their core constituencies, old sick people who they’re supposed to be looking out for, as well as exporting one of the few remaining domestic manufacturing industries, they’re having a change of heart.  And they’re worried.  Because they don’t have any way to blame this on the Republicans.  For Obamacare was a straight party vote.

And it’s only going to get worse.  There will be more taxes.  And higher costs.  Resulting in budget cuts.  Increase waiting times.  And rationing of health care.  Just like the British have to do in their NHS.  Including a quasi death panel.  Something they call the Liverpool Care Pathway.  All in the name of reducing costs.  Because national health care is so expensive.

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