Thursday, July 11, 2013

Obamacare: Rumors Of Demise May Be Premature

The Wall Street Journal's thoughtful editor Daniel Henninger wrote an op-ed piece in todays WSJ.  He opined, " Mark July 3, 2013, as the day Big Government [in U.S.A.] finally imploded".He was referring to a quiet announcement by a deputy assistant Treasury secretary that Obama's Affordable Care Act "employer mandate " would be delayed for a year because of the " complexity of requirements ". He took that confession by the administration and ran with it. What did he run to? He ran to physics. He said, "..it's time to call in the physicists , the people who study black holes and death stars ( death stars would require George Lucas, not Caltech ) . that's what the federal government looks like after expanding ever outward for the past 224 years." Simply he thinks liberal government has run out of political universe to creep into.

But Issac Newton or Caltech aren't the people or institutions that our Washington spending monkeys are ruled by in the foreseeable future. As long as our grinning apes have printing presses for money or there is any equity left in savers asset columns, congress, the executive and the judiciary will have quantum ingredients to print and tax into an alternative universe.

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