Despite protests from the Obama administration, ObamaCare does put us firmly on the path toward a socialist western-European type of economy where equal opportunity is sacrificed on the altar of equal outcomes and expectations.
In this NRO piece, Charles Krauthammer points out that it does not take a rocket scientist to figure out what the next step is: A VAT Tax!
He writes, With the passage of Obamacare, which created a vast new middle-class entitlement, a national sales tax of the kind almost universal in Europe is inevitable.
We are now $8 trillion in debt. The Congressional Budget Office projects that another $12 trillion will be added over the next decade. Obamacare, when stripped of its budgetary gimmicks — the unfunded $200 billion–plus doctor fix, the double-counting of Medicare cuts, the ten-six sleight-of-hand (counting ten years of revenue and only six years of outflows) — is, at minimum, a $2 trillion new entitlement.
It will vastly increase the debt. But even if it were deficit-neutral, Obamacare would still pre-empt and appropriate for itself the best and easiest means of reducing the existing deficit. Obamacare’s $500 billion of Medicare cuts and $600 billion in tax hikes are no longer available for deficit reduction. They are siphoned off for the new entitlement of insuring the uninsured.
Obama knows that the debt bomb is looming, that Moody’s has warned that the Treasury’s AAA rating is in jeopardy, and that we are headed for a run on the dollar and/or hyperinflation if nothing is done.
Hence his deficit-reduction commission. It will report (surprise!) after the November elections. And it will recommend a VAT. That will be the centerpiece of his agenda for 2011.
So vote to block it and vote to repeal ObamaCare come November
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