The Pulpit Chronicles, Healthcare, and Who's Really Ruining America
Meanwhile, here on planet earth, Obama is undoubtedly ruining our economy.
The following information is taken from the Cato Institutes Tax and Budget Bulletin for June, 2009. You can read the full bulletin here.
- Expansion of federal Health care is expected to cost 1.5 Trillion over the next decade
- Obama, the Dems, and some RINO's are considering taxing EMPLOYER provided Health insurance. There are 163 MILLION (mostly middle class) Americans who have employer based health insurance coverage.
- Democrats are considering proposals to "restrict" or "eliminate" Health Savings Accounts (HSA) and Flexible Savings Accounts (FSA's). Disallowing HSA contributions would raise taxes by 11 billion and burden MOSTLY MIDDLE CLASS AMERICANS.
- Medical expenses are currently deductible for taxpayers who itemize if they exceed 7.5 percent of adjusted gross income. About 11 million tax filers take advantage of this deduction, generally people who have high unreimbursed health expenses. Democrats are considering various ways to cap or end this deduction. Ending it would increase taxes by roughly $210 billion over the next decade.
- America has the second highest corporate income tax rate in the world and uncompetitive rules for taxing multinational companies. Yet the Obama administration plans to make matters worse by raising taxes on U.S. multinational corporations by $210 billion over 10 years to pay for health care. A corporate tax increase would damage average families because it would reduce capital investment and curb worker productivity, leading to lower wages and benefits over time. Obama’s plan would also mean fewer domestic jobs—Microsoft Corporation, for example, says that it will move U.S. jobs offshore if these tax hikes go through....
In 2006 the Census bureau reported that 46.6 million people are without health insurance. Of the 46.6 million:
- 9.5 million were not US citizens (they can get "free" medical care in an emergency room)
- 17 million lived in households exceeding $50,000 a year (and presumably could afford health insurance)
- 18 million were between the ages of 18 and 34 (probably don't need health insurance). I'm currently 25. I barely use my health insurance.
And to think, I haven't even written the information I've garnered on this cap and trade scheme they're currently working on.
The CATO article goes on to discuss how all of the taxes the middle-lower income Americans will pay will only raise revenues by 700 Billion over the next decade. AGAIN, current low-ball projections by our officials state that government health care expansion will cost 1.5 trillion over the next decade. Where, or where will they get the additional 800 Billion. Oh! Wait! I forgot, the Obamaman Can!
UPDATE: HERITAGE HAS SOME GREAT ARTICLES ABOUT THIS TOPIC HERE.
Posted by Vanessa at 7/3/2009 11:09 AM 
Categories: Church,The Uninformed,On Being a Black Conservative,Black America
Tags: Bush Haters Obamabots
Categories: Church,The Uninformed,On Being a Black Conservative,Black America
Tags: Bush Haters Obamabots
Very good comments...unfortuneatly, most blacks only voted for Obama because he's black...CNN showed blacks shoutin' in churches when it was announced Obama had won, ironically, I don't think God was as happy as black libwrals were that he won!
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Your right it is a sad day in america when White buisneses all take down the american flag from their buisness and refuse to stand for the pledge of the alegiance..The sooner we get this monkey looking ghetto president out of office americans will be proud to called americans again and proudly fly the american flag.I bet barak hussien obamas family will sing and dance for a banana.
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Um, first of all "Obama" is not "ghetto" and "monkey" looking. I assume your IQ is lower than a monkey's which is why you would make such a statement.
You seem to totally misunderstand the point of this blog...which isn't to make racial epithets, and derogatory comments about Obama's race, because I SHARE his race. This blog is about THE ISSUES. I'm proud that America elected a black president and it's representative that most Americans don't have the archaic views that you have of people of color...especially people that look like me.
You and others like yourself represent a large majority of the reason why Blacks (and other minorities) fear voting for Republicans or Conservatives. Please don't EVER post the crap you just wrote on my blog again. Thanks.
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I agree with Vanessa, Shawn what makes you say that Obama looks like a monkey?? Just because black republicans do not agree with Obama's poicies do not mean that we are going to sit idly by and allow he or his family to be denegrated. Obama is Harvard educated, you may want to get some education yourself Shawn
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Excellent article on Obama's attempt to commandeer 17% of the Gross Domestic Product.
I just hope we conservatives can push back against this power grab by picking up seats in the 2010 midterms.
Keep up the good work!
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I am a center right Jewish fiscally conservative libertarian, so also a minority voter. I really wish people would stop talking about Obama's race and look at his policies, which are ruining America for our children. An African-American I really like is Alan West, Florida, running for Congress in district 22 for 2010-- he is true leadership.
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Cool,
Bush was not a good president, he took care of only a small percentage of the ameican popluation, being the white middle/higher class,
He didnt really do well with his foreign affairs and relationships either did he...
Anyway, thanks for the post
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