Central to the Affordable Care Act is the provision that uninsured who do not purchase health insurance pay a fine. But the Wall Street Journal now reports that 90 percent of 30 million uninsured Americans will pay no fine in 2016 because of the pile of exemptions issued by the Obama administration.
The constitutionally defined job of the executive branch is to carry out the law, not rewrite it. It is not the Tea Party undermining America’s most fundamental institution, but our national leaders.
Boston University economist Laurence Kotlikoff recently wrote in the New York Times about “America’s Hidden Credit Card Bill.”
Government taxes citizens and promises future pension, health care, and other benefits in return. Except the future costs to provide these benefits far exceed the taxes now being paid.
Kotlikoff calls this the “fiscal gap,” which is not formally reported anywhere. He estimates this gap today to be $210 trillion, which would require an immediate increase of 59 percent in tax revenue to cover it.
Did America wind up with 12 million illegals living here overnight? This happened over years.
America is sinking while our so-called political leadership is fiddling.
“Extreme individualism” is about feeding at the public trough indifferent to our ability to replenish it. Exactly what the Tea Party is not about.
The movement for major change in America is not going away. Anyone who thinks the Tea Party is history has got to feel the same way about our country.