If you've never really quite grasped why Obamacare is such a disastrous idea, this will set you straight: http://t.co/8jAQfSjlQp
— The Commentator (@TheCommentator) October 21, 2013
◼ The perverse economics of Obamacare: Earn less, get more - Daniel J. Mitchell /The Commentator
That, in a nutshell, is the perfect illustration of the welfare state. It tells people that they can get more by producing less. And the system is based on the theory that there will always be some suckers who work hard to provide the subsidies.
The left-leaning San Francisco Chronicle has a financial advice column that inadvertently shows how Obamacare discourages people from earning income. The article nonchalantly explains that people may want to reduce their income so they can get more goodies from the government....
And a local CBS station discovered that a low-income household could be eligible for more than $80,000 of goodies from the government. Earning more money, though, would mean fewer handouts.
Remember Julia, the mythical moocher created by the Obama campaign to show the joys of government dependency? As illustrated by this Ramirez cartoon, Julia symbolizes the entitlement mentality. But the cartoon doesn’t go far enough. It should show how Julia decides to lead a less productive and less fulfilling life because she gets hooked on the heroin of handouts.
◼ The Chronicle article in question.
