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Thursday, November 7, 2013

Krauthammer: Obamacare a tool to intentionally destroy wealth and create Democratic voters -- By Jeff Poor, The Daily Caller

Krauthammer made that claim in his column last week, but he explained how it works in practice to host Bret Baier and co-panelists former New Jersey Superior Court Judge Andrew Napolitano and The Hill associate editor A.B. Stoddard.

That panel was presented with a viewer who asked what would happen if an individual couldn’t pay an insurance provider in the event of some  medical situation that limited that individual’s ability to pay.

But that might have been part of the plan, Krauthammer said. If an upper-middle class income earner is making too much to receive Obamacare subsidies, but winds up in a situation where they lose a significant amount of their wealth, that is part of the redistribution mechanism.

“OK, I’ve got a solution,” Krauthammer said. “You make [$80,000 a year] and you don’t have any subsidies. You’ve got a high premium and you lose a lot of money and you end up poor. Well then, you go back and reapply. Now you get a subsidy because you’re poor. So that’s how it would work in practice. Look that wasn’t a joke. That was serious. This is a way of transferring wealth from the upper middle class where you get no subsidies to the lower middle class who aren’t poor enough to end up in Medicaid.”

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