Healthcare, But at what cost to Americans?

The question also is; do Democrats actually care?

Caterpillar Inc. said the health-care overhaul legislation being considered by the U.S. House of Representatives would increase the company’s health-care costs by more than $100 million in the first year alone.

In a letter Thursday to House Speaker Nancy Pelosi (D-Calif.) and House Republican Leader John Boehner of Ohio, Caterpillar urged lawmakers to vote against the plan “because of the substantial cost burdens it would place on our shareholders, employees and retirees.”

Caterpillar, the world’s largest construction machinery manufacturer by sales, said it’s particularly opposed to provisions in the bill that would expand Medicare taxes and mandate insurance coverage. The legislation would require nearly all companies to provide health insurance for their employees or face large fines.

The Peoria-based company said these provisions would increase its insurance costs by at least 20 percent, or more than $100 million, just in the first year of the health-care overhaul program.

“We can ill-afford cost increases that place us at a disadvantage versus our global competitors,” said the letter signed by Gregory Folley, vice president and chief human resources officer of Caterpillar. “We are disappointed that efforts at reform have not addressed the cost concerns we’ve raised throughout the year.”

Business executives have long complained that the options offered for covering 32 million uninsured Americans would result in higher insurance costs for those employers that already provide coverage. Opponents have stepped up their attacks in recent days as the House moves closer toward a vote on the Senate version of the health-care legislation.

via Caterpillar: Health care bill would cost it $100M – Chicago Breaking Business.

The answer I am afraid, is no. The Democrats have backed themselves into a corner and have overreached. Now they have to deliver. But at what cost? My friends over at the Confederate Yankee have summed it up:

If Obama passes:

• Companies that already pay health insurance will have to pay higher rates, meaning less profitability, higher costs, and fewer jobs
• Companies that don’t currently pay health insurance will have to pay high health insurance rates, meaning less profitability, higher costs, and fewer jobs.
• Companies that cannot withstand the high costs of forced health care will simply shut down.

In all three situations, job loss—or at least the absence of job creation—is a certainty.

The Democrat’s attitude is this; “what do we care? It is not our jobs that will be lost.” Their whole, “For the greater good,” is what is wrong with the whole idea of social engineering and progressive politics. “If a few people lose their jobs, so what? We are doing for those who have not; even if we are stealing it for those who do have.” That I am afraid, is what Progressive Politics and Progressive thought is all about. Take from the rich and giving it to the poor. Economic redistribution; and you know something folks? Every time it is done, somebody, somewhere gets the short end of the stick. Which is what will happen, if this travesty of a bill is passed.

By the way, that whole “For the greater good”, has root in historic Democratic Party politics. As some of you might know, that is the same mentality that the Democrats used to promote the idea of slavery. The idea that, “the Negro man must be contained, for the greater good of society,” was and still is, straight out of the Progressive school of thought.  For those who are uninformed, Stephen A. Douglas, who debated President Lincoln in 1858, was, in fact, a Democrat. It was no matter that it was inhuman, morally wrong and quite insane; it was for the greater good and besides, them slaves liked being beaten and forced to work! 🙄  Again, more Progressive insanity.  “Let’s kill the job market, so everyone can have healthcare!” 🙄

It is quite sad to see, that since 1858, not much has actually changed in the Democratic Party. Oh, sure, they are not longer persecuting blacks; that is because someone finally figured out, that the Democrats could use their votes. So, they give them a little lip service, make promises of more hand outs and proceed to snicker at them behind their backs. All the while ignoring their concerns. That is what Plantation politics is all about. Herd everyone into groups and make them promises, all for their votes.

I think it is about time that the American people woke up and realized that the idea of “for the greater good” is basically for the greater death of America.

Others: Hot Air, GOP Leader Blog, GINA COBB,  Maggie’s Notebook and Althouse