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IPFS News Link • Healthcare

Bill Gross: Obamacare will add $562 billion to deficit over next ten years

“No investment vigilante worth their salt or outrageous annual bonus would dare argue that current legislation is a deficit reducer. It will add $562 billion to the deficit over the next decade.”

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Comment by Ross Wolf
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As Obama’s Army of new IRS Agents will crush Citizens to enforce penalties against those that can’t afford Health Insurance premiums, millions of Americans will lose their homes to foreclosure because they can’t pay both their mortgage and the health insurance. This is similar to when Russian dictator Joseph Stalin demanded farmers produce a certain amount of crops before farmers would be allowed to keep part for themselves. Because Stalin kept increasing his production demands, Russian farmers increasingly starved or were arrested for non-compliance.