Did you know that Obamacare contains huge incentives that will actually motivate people to try to reduce their incomes? It’s true. Under Obamacare, making less money can pay off big time. As you will see below, reducing your income by just $1,000 could get you an Obamacare subsidy worth over $14,000. Who wouldn’t want to make that trade? And guess what? Obamacare also makes divorce highly profitable for millions of American couples. In fact, there are some U.S. couples that are already considering divorce due to the provisions contained in the new health care law. Of course those couples still plan to live together – they just want to get divorced so that they can save thousands of dollars on their health care expenses. Yes, I know that sounds absolutely crazy. But this is actually happening. The truth is that Obamacare is turning out to be a much larger disaster than anyone anticipated, and it seems like new “surprises” just keep popping up with each passing day.
The figures that you are about to see were calculated using the Kaiser Family Foundation subsidy calculator. These numbers apply to a husband (Read More...)
The middle class in the United States is being systematically destroyed, and nobody is doing much of anything to stop it. Our incomes are shrinking, our share of the income pie is at an all-time low, our jobs are being sent overseas, debt burdens have soared to unprecedented heights and millions of formerly middle class Americans have fallen into poverty. America once had the largest and most vibrant middle class that the world has ever seen, but now it is rapidly being shredded. Unfortunately, this is particularly true for younger Americans. Today, families that have a head of household that is under the age of 30 have a poverty rate of 37 percent. That is astounding. The truth is that there are not enough decent jobs for the hordes of young people that are entering the marketplace each year. Once upon a time, a college degree was just about a guaranteed ticket to the middle (Read More...)