Wednesday, March 17, 2010

Health Care is going to destroy our economy

Not only will this Health Care legislation raise the cost of premiums despite Obama's moronic claim it could lower companies premiums 3000% but it could also lead to almost 700,000 lost jobs.

The result is a loss of between 119,000 and 698,000 jobs between enactment of the bill this year and 2019. A breakdown is below:
Sector
ESI
Jobs
%
Low
High
Agriculture, mining and construction
Agriculture, forestry, fishing and hunting
20
-923
-5,441
Mining
68
-939
-5,478
Construction
37
-7,374
-43,316
Manufacturing
65
-18,022
-105,229
Trade
Wholesale trade
57
-8,149
-47,663
Retail trade
39
-14,364
-84,339
Transportation and communication
Transportation and warehousing
55
-6,290
-36,806
Utilities
80
-906
-5,271
Services
Information
63
-4,510
-26,342
Financial Activities
66
-13,236
-77,269
Professional and business services
44
-22,606
-132,596
Educational services
61
-5,493
-32,102
Leisure and hospitality
25
-8,436
-49,682
Other services
48
-7,946
-46,564
Totals
-119,194
-698,098
I'm starting to think more and more that the Democrats want to destroy this country. I don't think they can claim ignorance anymore. There ideas are going to destroy this country. I think it is safe to say Obama and his ilk hate the United States and everything it stands for.

That is the only logical conclusion I can come up with to why they still are pushing for a bill that is going to destroy the country.

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