Tonight, I witnessed the beginning of the end of the U.S. Constitution unless a miracle happens. The House passed Obama's health care bill.
As a former employee of a state affiliate of the Department of Labor for more than 20 years, I can make a comparison to the Carter years, and this bill will cost us thousands of jobs. The only measurable increase in employment will be in federal employment with the eventual hiring of 15,000 additional IRS workers to monitor the health care program. Had the Obama administration not hired thousands of people for federal jobs, the unemployment rate would be higher than it presently is. I believe the unemployment rate will either remain the same or increase for the rest of this year.
Thousands upon thousands of doctors will now retire or resign--as the polls suggested, some to go to government medical facilities, others to sign up with the IRS, and many to retire.
The government has now nationalized banks, become part owners in the automobile industry and insurance companies, and now an additional 18% of the economy.
Industry will not employ workers, even if they are needed, when they have to spend much of their income in taxes. The Caterpiller CEO has estimated that it will cost them an additional $100,000 dollars a month for their employee health insurance program.
The next step is up the the states, many of which are planning on immediately filing a lawsuit in federal court claiming the bill is unconstitutional. I believe it will eventually end up in the U.S. Supreme Court.
Then, the next step is up to the voters on November 2nd, 2010, just six and a half months from now.
Minimalist Rocking chair by Montis
10 years ago
A miracle is right. If something doesn't change historians will call this vote the death knell of the American experiment. & Lincoln's question will be answered with a no it cannot long survive.
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