The New Economic Costs of Socialized Health Care

I still feel that socialized health care will be repealed when Republicans take control of Congress in 2011. Until that time we must realistically look at the new economic costs which are now being viewed because of the socialized, unconstitutional health care bill rammed through by Congress. ATT will be charging back $1 billion dollars to cover the new changes in medical care. It is $1 billion dollars that it can no longer spend on product development, expansion of services, hiring more employees, lowering consumer bills or paying raises to employees. It is $1 billion dollars taken out of our Gross Domestic Product (GDP) which is no longer productive money which could create economic growth. It is now going to a non productive socialized social welfare program which will not have any positive results for it in our economy. Another economic example is Caterpillar which will have now $100 million in new expenses because of this bill. Again Caterpillar does not have $100 million dollars that it can no longer spend on product development, expansion of services, hiring more employees, lowering consumer bills or paying raises to employees. Multiply this same situation by companies throughout our country and you will see the following; a greater economic recession, a higher national debt which can no longer be financed, more unemployment, higher prices for consumer products, higher health care costs and lastly higher taxes.
All at a time during economic recession. Economic reality will settle in for the Democrats at all levels of government. This horrific economic bill will guarantee their minority status for years to come. I just hope our economy can survive this economic debacle until November.