OBAMACARE SHOULD BE REPEALED, IS DESTRUCTIVE TO FULL-TIME JOBS
JOLIET - Chris Balkema called for Obamacare to be repealed, saying the health care program is “is destructive to full-time jobs” and “will create a welfare-like culture,” based on the most recent non-partisan Congressional Budget Office (CBO) report about President Obama’s 2300 page legislation.
The Caterpillar executive cited the CBO report showing Obamacare will cause a decline by about 2.0 million in the number of full-time-equivalent workers in 2017, and 2.5 million fewer full-time workers in 2024, mostly among lower-wage earners.
“That’s like taking 30% of the entire workforce out of the state of Illinois,” explained Balkema. “The CBO’s report makes it clear that Obamacare is destructive to full-time employment in the US. We will continue to feel the damaging consequences of Obamacare all the way to 2017 and beyond."
"Thanks to a bevy of new taxes and other disincentives to work, Obamacare will cause workers not to seek employment. Most of the decline will occur among lower-wage workers,” said Balkema.
The decline in full-time-equivalent employment stemming from Obamacare will consist of some people not being employed at all and other people working fewer hours.
Balkema said the 11th District’s current Congressman, Democrat Bill Foster, voted for and has continued to defend ObamaCare. And while a former Foster staff member, Sue Klinkhamer, used to defend Obamacare with her boss, she no longer does. One reason: skyrocketing deductibles and premiums.
“The longer this 2300 page monstrosity stays in effect, the more constituents will get hurt. Not only have we witnessed over 4-million people all across the country losing their health insurance that they liked, they have also seen premiums and deductibles skyrocket," Balkema said.
"It’s a $2-trillion experiment that’s playing with people’s lives. We need torepeal Obamacare and replace it with proven free market principles like selling insurance across state lines. We need to get government out of the way, and let proven, free market principles work for the people,” explained Balkema. “Obamacare only continues to take us on a downward spiral.”