Thursday, February 7, 2013

Seven Million will lose their insurance under Obamacare

The Congressional Budget Office's just-released economic forecast for 2013 is dispiriting, to say the least. The GDP is expected to grow by only 1.4%, the unemployment rate will "stay near" 8%, the deficit will reach $845 billion, and ObamaCare will cost 7 million their health insurance. 
[...] 
What these numbers really mean is that millions of Americans are about to face yet another year of chronic joblessness and economic hardship -- which just didn’t have to happen. Reagan inherited an economy in much worse shape than the one Obama inherited. But Reagan's tax and regulatory policies got out of the way of the economy, and as a result, the engine of American ingenuity was unleashed and the economy exploded. Millions of jobs were created, millions were lifted out of poverty into the middle class, and poverty decreased.
Read the whole story HERE.

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1 comment:

Anonymous said...

Seems like arrogance in this photo of Obama.

There's not much for him to be proud of:

But it's a beautiful thing to be Obama, because none of this matters. Facts don't matter. Reality doesn’t matter. Not when you have a media that calls economic failure a "recovery," blames a drop in GDP on a lack of government largesse, and tells us that an increase in the unemployment rate is positive news.