Wednesday, March 31, 2010

North on the politics of ObamaCare

More from Gary North at this time his predictions about the impact of this politically...

[Obama and the Democrats] have sent a message to voters: "We have sacrificed the principle of majority rule for the sake of a higher cause." In principle, this is correct....[But the]
Democrats face this problem: this view of democracy has not been widely preached or believed since 1913: the direct election of Senators. The push toward mass democracy has been constant....the Democrats have reverted to the older view. They will pay for this next November....

This time, there is enormous anger among hard-core Republicans and independents. They will not forget. Usually, voters do forget, but not this time. The law back-loads the financing. The burden will hit in full force in 2014. This is standard politics, but this time, it will backfire. Why? Because of the size of the Federal deficit....

The law will go into effect at a time when the deficit has become unthinkably high. It finally is getting through to voters that it threatens their lifestyles in the future. They are beginning to get afraid. They should be afraid.

The Democrats waited too long. The deficits are now Obama’s. They must be dealt with on his watch. He refuses to deal with them. In this setting, the Democrats rammed through the bill.

The voters will be reminded, year by year, that this was done against their will. The Democrats will not be able to blame Bush. The burden will aggravate people, because they did not want the program.

Democrats assume that voters will forget. Voters at the margin will not forget. They will be reminded....This issue will not go away, because costs will rise.

The tea party movement is at present amateurish. Time will take care of that. If Republicans do not deal with it, they will lose elections....Usually, negative voting blocs get marginalized....This time it will be different. The politics of vengeance is now in play. The voters will be reminded, year after year, that the program was shoved down their throats....taxpayers and insurance premium payers and patients sitting endlessly in filled doctors’ offices will be reminded about who did it to them. It was Obama and the banshee with the huge Medicare gavel, Nancy Pelosi....


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