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September 02, 2013
Longshoremen's Union Quits AFL-CIO Over ObamaCare
We have to pass it to find out what's in it and who's left alive to read it.
Turns out, shock of shocks, that the unions' so-called "Cadillac" insurance plans (which are simply good coverage) will be taxed quite a bit, just like critics said they would, and just like Obama said they wouldn't.
The Longshoreman leader said, "President Obama ran on a platform that he would not tax medical plans and at the 2009 AFL-CIO Convention, you stated that labor would not stand for a tax on our benefits." But, regardless of that promise, the President has pushed for just such a tax and Trumka and the AFL-CIO bowed to political pressure lining up behind Obama's tax on those plans.
Caution: Annoying autoplay. Turn sound down for that.
Yeah, look: The key to ObamaCare was always redistribution of Medical Coverage wealth. Anyone who thought there was a big pile of Free Money sitting in a pile to be tapped was an idiot. No, money for subsidies for the poor would come from where it always comes from, the Middle Class.
Meanwhile, the White House is touting the awesome fact that taxpayer-paid subsidies will bring insurance prices down 21%... that is, after a 22% base cost increase.
I don't know what to say. You make up your own jokes.