Obamacare is the final nail in the coffin for the disappearing American middle class
by: J. D. Heyes
Monday, January 27, 2014
If you are still fortunate enough to call yourself “middle class,” enjoy it while you can, because thanks to the ravages of Obamacare, you’re liable to lose that status at some point in the future.
Since Oct. 1, when the individual mandate kicked in and health insurance plans were required to include minimal coverage standards, millions of Americans have lost their insurance or will be losing it soon when policies come up for renewal, because their plans do not meet the mandates of the imperial ruling class.
Now granted, the middle class has been shrinking for some time. The damage to the middle class has truly been bipartisan; middle class families have been disappearing under both Republican and Democratic administrations. But this is mostly due to the fact that the massive federal bureaucracy is infested with career statists who impose rules and regulations on the American public and American industry relentlessly (these are increasing at a massive pace under Obama). And each of these rules carries a price for compliance – a price which must be paid by us.
Economic life support