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Who will pay for our ’free lunch’?

 

Headline from

HHS.gov

“In Texas consumers qualify for an average tax credit of $242 per month through the Health Insurance Marketplaces. é 8 in 10 consumers can get coverage for $100 or less é .”

Between the Lines

Wonderful news, apparently, from our government! What is not said, however, is that every “tax credit of $242” represents that portion of Obamacare costs that must be paid for by us taxpayers.

The Department of Health and Human Services reports that 86 percent of the close to 1 million Texans who have signed up through the Marketplace are getting subsidies. It further reports that of those who have signed up for 2015 coverage, the vast majority “choose a plan with a premium of $100 or less after tax credits é . (emphasis added)

And it is a misnomer to call them tax credits; these “credits” are just more subsidies paid for by taxpayers.

This is wealth redistribution on a grand scale. You might as well just put everyone on Medicaid, but then who would foot the bill? Some folks still believe in fairytales, and they think there really is such a thing as a free lunch.

Headline from

LastResistance.com

“Local San Francisco Bookstore Dies of Minimum Wage Hikes

“We’ve said it over and over again. Minimum wage hikes will not do a thing to help anyone. They result in either higher prices or layoffs, but they hurt small, local businesses the most.”

Between the Lines

Borderlands Bookstore in San Francisco announced plans to close its store after the city passed a $15-per-hour minimum wage. It plans to close at the end of next month, even though its liberal owners are on record as supporting the idea of a higher minimum wage.

In the real world, however, when all factors are considered along with the wage hike, Borderlands concluded that it is no longer a viable business model. Of course bookstores in general are having a rough time. Together with increases in rent and competition from Amazon and e-books, the mandated wage increase tipped the scales in favor of closure.

Headline from

FeedingTexas.org

“Report: Texas Reaching More Children with School Breakfast.”

Between the Lines

More than 1.5 million Texas school children are now being fed breakfast, according to the Food Research and Action Center.

Celia Cole, CEO of Feeding Texas is quoted as saying: “This improvement reflects Texas’ commitment to ensure students start each day nourished and ready to learn.” It’s unclear why having 33,000 more low-income students participating in a government-sponsored breakfast giveaway program represents good news.

They are assuming, of course, that no student in a low-income household would get breakfast at home. Their goal, of course, is to increase the number of students receiving a free breakfast. In fact, the Texas legislature passed a law requiring “high-need” schools to offer free breakfast to all.

This brings to mind the saying about not biting the hand that feeds you. Now we know why certain people continue to get elected. They are the ones promising a free lunch.

 
 
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