Tuesday, July 10, 2012

Obamacare...O wins, sort of!

The Supreme Court decision regarding Obama Care was a giant surprise to one and all. Our beloved pundits had so much egg on their faces they required showers.

Chief Justice Roberts executed a brilliant move by skirting the legality of the issue by declaring the imposition of health insurance a tax rather than a commercial transaction. In so doing, he gave both political parties part of what they wanted. Obama Care is legal, with some small qualifications, and the opposition can now legitimately claim that the Obama administration has acted to create the largest tax increase in US history.

The Democrats are doing their level best to deny that Obama Care is a tax, but they are not very convincing.

Meanwhile, the Republicans are citing the Administration as not only spending too much, but also taxing too much. All in all, the decision will be a boost for Romney. The question is, will the boost be sufficient to win the election for him.

I doubt it.

Most people do not understand the issues involved in Obama Care and vast amounts of people are pleased to have access to health insurance. Small businessmen, however, are not very happy as they will have to come up with additional resources to fund costs allocated to employers. There is talk of small businesses closing down as a result, but this talk comes from politicians and political commentators with an agenda and cannot therefore be taken seriously.

For his part, Romney continues to hack away at Obama without much impact. That the Democrats cast Romney as super rich without sympathy or understanding of the common man does not help his image or his popularity.


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