- Economic Investment HelpPosted 98 days ago
- Economic Turnaround with Absolute Wealth and Guy Cohen’s Updated ProgramPosted 132 days ago
- Economy of OnePosted 132 days ago
- Turnaround TraderPosted 133 days ago
- Online Investors Don’t Need to Be Affected by Every Market Twist and TurnPosted 225 days ago
- Trade with Investment Expertise Using Absolute Wealth’s New ProgramPosted 263 days ago
- Online Investing Program Takes Beginners to Pro Level SuccessPosted 265 days ago
- Stock Markets Don’t Require Luck with the “Trade the Banks” ProgramPosted 269 days ago
- Stock Market Trading Made Easy with “Trade the Banks” from Absolute WealthPosted 272 days ago
- Investment Opportunities Using “Trade the Banks” and Its Advanced IndicatorsPosted 276 days ago
Obamacare is Anti-Semantic
A quick reminder from Absolute Wealth: Leave a comment on our Youtube channel, or at www.facebook.com/absolutewealth or twitter #thegorriedetails.
A pretty decent writer once wrote several hundred years ago, “a rose by any other name would still smell as sweet.” He could have just as easily written that a skunk by any other name would smell just as rotten.
A slightly less-talented man argued before the Supreme Court that the mandate in Obamacare is a penalty…before he successfully argued that it is a tax.
Of course, the Supreme Court upheld the law last week. Its justification was found under none other than the taxing authority of the Federal Government.
The penalty is really a tax that becomes a penalty once the tax is upheld. You say “penalty”; another says “tax”. I say, “What’s the difference?”
And really, what is the difference? Of course there are semantic differences between the two, but why bother?
When you get right down to it, whether a “tax” hits the middle class or a “penalty” hits the middle class, either way, the middle class takes the hit.
And that’s the real issue…and where the real pain in the economy will be once Obamacare really kicks in.
A tax penalty
It doesn’t matter what you call the tax/penalty; the results will be the same. And when an economy pays more taxes, it typically produces less. Not a great way to sell another tax-raising federal program, is it?
The fact is, a tax is a penalty, and a penalty is a tax. Either of them take money out of the hands of working people and give to those who don’t pay either taxes or penalties.
It’s called “spreading the wealth around.” (More on that in a minute.)
Remember, we’re the only advanced nation without universal healthcare…European nations have had universal healthcare for decades…
And look how well they’re doing?
Ah, but the Affordable Care Act will actually save money. Costs will go down. That’s what makes it affordable.
Who buys that line of B.S.?
The reality is that once Obamacare gets rolling, its higher taxes and spirally costs will rollover the economy, flatten it and grind it into the ground like road kill on the superhighway to serfdom.
The tax/penalty of Obamacare will not only destroy what’s left of the middle class, but it will greatly increase the enforcement and collection power of the federal government.
The economy will most likely never recover from it, just like the Eurozone nations. The days of cradle-to-grave socialism in Europe are coming to a crashing end. But here in the US, apparently, they’re just getting started.
We can see it coming; we just can’t get out of the way.
Obamacare is a fully loaded, 18-wheeler of socialism rolling down the highway at 110 MPH and “Middle Class Joes and Janes” are standing in the middle of the road, stuck there, actually, watching the truck barreling toward them.
Clear as mud
One of the sadder aspects to it is that most Americans don’t know what they’ve got coming to them…
Heck, half of the middle class thinks the truck is bringing free ice cream along with “free healthcare.”
The semantics are important because when things are not called what they are, then words and their meanings become meaningless. When we can no longer call a thing by its proper name, then clarity of thought is replaced by feelings and emotions only, and thinking becomes muddled.
It becomes difficult to have a debate on the merits of an idea or a policy when there’s no common definition of words.
We’ve seen this before, haven’t we? The Orwellian exercise of debasing and changing the meaning of words is very useful to the Left, and has been since it began.
Socialist and communists re-branded themselves as “progressives” almost a hundred years ago.
Then, after World War II, they called themselves “liberals.”
In the past several years, they have taken up the “progressive” label again. At least their penchant for recycling hasn’t changed.
In fact, semantics, or rather, anti-semantics, are a favorite past time for the Left when reality is too difficult to sell to the American people.
For example, higher taxes have been called “investments.”
Why? Because everyone wants investments, don’t they? And it sounds so much better than taxes.
Want another? US warfare in Libya was really just “police action.”
And of course, the socialist idea of “spreading the wealth,” that is, taking from those who work and giving to those who don’t, has been re-defined as “fairness.” We all want to be “fair” don’t we?
Even the simplest of verbs is no longer what it once was.
How does one square “To be or not to be” with what is or might be when, as Bill Clinton was so kind enough to show us, that the definition of “is” is no longer clear.
Is that clear as mud?
Are you worried about higher “taxes” from Obamacare? Don’t be; they’re just a "penalty."
Worried about Obamacare "progressively" "spreading the wealth around" with "investment" "penalties" for "fairness?"
Obamacare will give Americans what, the President is happy to tell us, we so richly deserve…whatever that is.
What do you think?
And those are…The Gorrie Details.