Tuesday, December 20, 2016

Less really *is* more

Here's a thought experiment:

If eggs sell for $1.00 a dozen, and the government gives you a voucher for 40¢, how much do the egs cost?

If next year eggs cost $1.50 a dozen, and the government gives you a voucher for 60¢, has the price of eggs increased?

Reason I ask is this:

"Taxpayers will fork over nearly $10 billion more next year to cover double-digit premium hikes for subsidized health insurance under [ObamaCare] ... the cost of premium subsidies under the Affordable Care Act will increase by $9.8 billion next year"

This is supposed to demonstrate that the cost of ObamaPlans really hasn't increased, because those who buy subsidized plans saw those subsidies increase. Of course, that's simply financial 'legerdemain' - remember, the government has no money of its own, all of that comes from thee and me. So of course as the actual cost of plans increased, so did our financial burden in the form of increased taxes.

Chicken, eggs, ObamaCare.

[Hat Tip: HotAir]
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