One myth about Obamacare (among many)

I never did finish exploring some of the myths associated with Obamacare. So, let's start with this quote from Barack Obama: "If you like your doctor,  you can keep your doctor."

At the time. He said this, over 75% of Americans were happy with their health care, according to polls. So this statement by Obama painted a rosy picture of a future where millions of low-income Americans could join the ranks of those who already had health coverage. And this would not negatively affect the status quo of those who had coverage, according to Obama.

But let's look at the reality. The Congressional Budget Office keeps escalating predictions of how many Americans will end up without health coverage because of Obamacare. The latest estimate has the figure of at least 7 million people who lose their work-provided health coverage.

Why is this going to happen? It is much cheaper for employers to pay a fine for not offering coverage than it is for them to provide coverage. Critics have argued that this point all along, saying that if you provide employers with big incentives to stop offering health insurance, that's exactly what they will do. Industries that have low profit margins (retail, grocers, etc.) will especially want to dump their health insurance.

But this is only part of the problem with Obamacare. It has a requirement that employers must offer health insurance only if they have 50 or more workers were putting in at least 30 hours a week. Well, guess what? It's pretty obvious what is beginning to happen – many firms are reducing full-time workers to avoid having to comply with Obamacare.

So, the result is the American people are stuck with a bill that is likely to cause many of them to lose their doctors, contrary to the promises made by their President. But Obama is not the only one to blame. Shame on all the Americans who voted for him, even when plain economics and hard facts made it clear he was peddling untruths.