English: President Barack Obama’s signature on the health insurance reform bill at the White House, March 23, 2010. The President signed the bill with 22 different pens. (Photo credit: Wikipedia)
Something to think about Americans and what it might mean for all Western countries. Rubbish, you might say? But what if it is reality?
by Mike Adams, the Health Ranger, Editor of NaturalNews.com:
(NaturalNews) Even before it is fully implemented, Obamacare is already starting to self-destruct. The White House announced last week it will simply invent its own interpretation of the law and “delay the enforcement” of the employer Obamacare mandate for another year, to 2015. This, we are told, is to allow businesses more time to “smooth” compliance with the law, but that’s only the cover story. In reality, the entire private sector economy was preparing to fire tens of millions of workers, cut their hours and radically downsize companies in order to avoid going bankrupt under Obamacare mandates that no one can afford.
Described as a “train wreck” by one of its original authors (Sen. Baucus), and called a “fiasco for the ages” by the Wall Street Journal, Obamacare is a massive government boondoggle that’s headed for complete disaster.
In a desperate effort to get out of the way of that oncoming train, insurance companies are scrambling to flee the market entirely. America’s largest health insurer, UnitedHealth, has just announced it’s closing shop in California and walking away from all health insurance customers there.
That’s how bad Obamacare really is, even for the insurance companies: it’s better to close up shop than even attempt to serve customers under the government’s onerous rules.
U.S. businesses, meanwhile, are engaged in a new wave of job offshoring to India, Pakistan and the Philippines, where Obamacare doesn’t exist and an entire workers’ salary can be less than the cost of health insurance in the U.S. all by itself. The realization has hit everyone who owns or runs a business: Obamacare will bankrupt America’s private sector unless businesses take proactive measures to minimize the hiring U.S. workers.
This is especially true in low-wage jobs — such as the food service industry — where an employee’s contribution to a business simply isn’t that valuable to begin with.
When will the Obamacare train wreck completely derail?
The GOLDEN RULE 