A link on Healthcare, brought to my attention by Second City Cop. The relevant parts:
A California insurance broker, who sells health plans to individuals and small businesses, told me that she’s prepping her clients for a sticker shock. Her local carriers are hinting to her that premiums may triple this fall, when the plans unveil how they’ll billet the full brunt of Obamacare’s new regulations and mandates.
California is hardly alone. Around the country, insurers are fixing to raise rates by double digits. They’re privately briefing politicians in Washington on what’s in store. Those briefings are leaving a lot of folks up and down Pennsylvania Avenue jumpy.
Wait a minute. Obama said we would get better healthcare, for less money ourselves, and on top of that, provide 45 million, 30 million, or 20 million people free healthcare on top of it all. He was going to cut all of our healthcare costs, and give it to more people for free. What happened?
Triple the healthcare premium, each month, times twelve, will be a huge amount of money leaving everyone’s budget, and not getting spent on stuff which would rev up our economy. What happens to an economy, when people stop spending? And what happens to jobs, when that happens?
Just like that, the K-selective environment begins to return. Have no doubt, the psychology will follow.