Mandeville, LA – Exclusive Transcript – If you call the HealthCare.gov website, since the Constitution and the federal leviathan now exist to make people’s dreams come true, if I push the right button or if I have the right coupon code, can I get a free dreamcatcher? You know those things that are made by Native Americans, those dreamcatcher gizmos? It’s round, has some feathers and some leather tassels hanging off of it, and there’s something that’s woven into the middle of it. It’s supposed to catch your dreams. If we’re making people’s dreams come true now, you have to have something to catch the dream with, don’t you? Check out today’s transcript for the rest…
Begin Mike Church Show Transcript
In 2010, the CBO projected Obamacare would lead to about 650,000 fewer jobs. Tuesday’s new 2.3 million estimate is significantly higher.
Mike: But don’t worry, people are out there pursuing their dreams. If you call the HealthCare.gov website, since the Constitution and the federal leviathan now exist to make people’s dreams come true, if I push the right button or if I have the right coupon code, can I get a free dreamcatcher? You know those things that are made by Native Americans, those dreamcatcher gizmos? It’s round, has some feathers and some leather tassels hanging off of it, and there’s something that’s woven into the middle of it. It’s supposed to catch your dreams. If we’re making people’s dreams come true now, you have to have something to catch the dream with, don’t you? I can see it now. The dreamcatcher comes already premade. They don’t even have to change the design. It comes premade in the shape of the Obama “O” logo. How convenient is that? Maybe in the Founders Tradin’ Post we’ll start selling Obama O branded dreamcatchers.
So the CBO predicted 650,000 fewer jobs from the Affordable Care Act. Yesterday government estimates already going to pot. That estimate had to be raised to 2.3 million, which is significantly higher, we are informed by Politico.com. Ladies and gentlemen, some of us told you and have been saying that same CBO has never been right on anything. For example, that same CBO, the year the Medicare Act was introduced, said that by 1990, Medicare would cost somewhere around, I think it was $10.1 billion. The actual cost was $90 billion. They were only off by a factor of nine. The mistakes, they’re not hard to find, if you just know what act you’re looking for and what the CBO projected it would cost. By the way, folks, this is not the fault of the CBO. There’s no government entity, even if it was run by the most pure and knowledgeable and conservative Republicans, there is no central planning agency that is going to get any of this stuff right; it is impossible.
That’s why the Austrians, like Ludwig von Mises and Friedrich Hayek and Henry Hazlitt and Wilhelm Roepke and so many others, Murray Rothbard a little later in the scholarly tradition, all prove and discuss and demonstrate over and over and over again the follies of central planning. The downside to this is that when all this stuff starts falling apart, just as Mises predicts, then the leviathan or the central authority, in order to try and save its prior planning from ruin will then say: All right, it’s falling apart because we haven’t been strong enough. We haven’t centrally planned enough. You know what we haven’t done? We haven’t micromanaged those guys over there selling medical widgets. If we were ordering them, because they’re the ones that are causing this to happen in this central plan, so now we have to get in there and take care of them. Of course, as soon as you do that and centrally plan that part of the economy or that part of the process, then what they were previously doing with the price mechanism and inside the give and take and supply and demand of the free market, what they were previously doing has now been interrupted. What does that do? That causes another interruption. It just keeps going from there.
Once the first proverbial shoe begins to drop, shoes will continue to drop. There’s no way to stop it. This is what ought to drive, especially if you’ve been studying any kind of Austrian economics or true free market principles, this is what should drive you nuts. You know then that this ball has begun rolling and there’s no way to stop it. It’s only going to get worse. With every report like this that has any indication or any reporting or statistic or cataloguing or chronicling of things that are going bad, you know that the reaction is going to be: That’s what we’re going to address. By gum, we’re going to fix this. Of course, you know they can’t fix it.
The report states ObamaCare will also lead to a reduction of the net number of total hours worked by as much as 2 percent in the period from 2017 to 2024. It states that “lower-wage workers” will see the biggest reduction in the number of hours worked. [Mike: But don’t worry, they’re pursuing their dreams now. They’re out there and the dream is in front of them and they can see it.]
The agency also reduced its estimate of the number of uninsured people who will get coverage through the health care law.
The budget experts [Mike: If these guys are experts, I hate to see who’s a freaking amateur here, don’t you?] now say about 2 million fewer people will get covered this year than had been expected, partly because of website problems that prevented people from signing up last fall when new markets for subsidized private insurance went live.
Mike: Isn’t the real driving force behind what’s happening with the amount of people that are enrolling is that the youths that are young Eric and young Evan’s age are saying: I’ll roll the dice. I’m relatively healthy. Rather than signing up for your silly plan and forking over all the dough you’re going to ask me to fork over, I’d just rather pay the fine. It’s cheaper anyway. I’ll just go to a hospital. They can’t tell me no. If something bad happens, they’re going to care for me. Let me see if I understand this. Of course, Medicaid money is free; it grows on trees. If you’re just riding out there as Healthcare Claus and you’re just showering the countryside with Medicaid money and people are working fewer hours because they don’t have to go out and earn it anymore, that’s going to put more money in their pocket and they’re going to buy more goods and services. They’re going to consume more. But wait a minute, there’s a problem with that. Does Medicaid money grow on trees? Hell, does it even grow out of the side of a printing press? I don’t believe I just heard that. That’s almost as offensive to my intelligence as what Jay Carney said yesterday.
In other words, it’s like Walter Sobchak from The Big Lebowski, “If you will it, dude, it is no dream.” Theodore Hertzl, State of Israel, “If you will it, it is no dream.” I guess if they will it that this is going to fix everything that is wrong with humanity, then it’ll happen. Just imagine this. This thing is raining utopia on us. Here’s the best part, the best part of his whole ruse here: It may not be utopia today, but you just wait and see in 2017, pal. We’re talking about a future where no one works, and when they do, they’re happy and they’re not worried and they’re not distressed. They’re not suffering any longer, because apparently you are born as an American citizen, you sufferer, you. We have now reached the end of days. Where’s Arnold to come in and blast the demon back into Beelzebub’s kingdom down in Hades when you need him? Get to the chopper! The healthcare demon is here! End of days, Eric, end of days. Here is White House Spokesczar. I’m going to read parts of this from a report. There are some parts of it in quotes.
However, the White House focused on the report’s claim that the loss of jobs will not be due to employers cutting back, but due to Americans choosing to voluntarily leave the workforce.
Mike: Remember for years, folks, we have been talking here on this show about the contraction in the workforce. There are fewer people as a percentage of the entire population that are working today than were working in 2008 when all this started, or this wave of it started, in 2001, in 1991, in 1981, going all the way back to 1958. You would have to go back to 1958 to find a point in American history when, as a percentage of the total population, the workforce was lower than it is today. Why would it have been that way in 1958? This is an easy one to figure out. Most women weren’t working. They were still counted in the population but they were not working. We have now come full circle and are proud of it. [mocking] “People are choosing — they’re better off if they choose to leave that job. The only reason they stayed is because some company was providing them a benefit called health insurance. They’re better off now.” Really?
End Mike Church Show Transcript