Redistribution via Price Discrimination

[Geee]

American Spectator:

"Under the pretext of 'equalizing burdens' and preventing 'salary discrimination,' Obamacare mandates that insurance premiums must be based on the policyholder's income level -- forget the objective value of the services covered or the health liability of the individual insured," reports Richard Ralston, executive director of Americans for Free Choice in Medicine. "But since the actuarial nature of insurance and the realities of long-term cost management cannot be ignored, the effect is that those with above-average incomes will be subjected to inflated premiums relative to costs."

In other words, Obamacare is just another way for President Obama to achieve his goal of redistributing income and wealth. As candidate Obama, seeking to justify his redistributionist proposals for higher levels of government confiscation of higher incomes, made clear in 2008 to plumber Joe Wurzelbacher, "I think when you spread the wealth around, it's good for everyone."

It's the Miracle-Gro philosophy of economics. It views individual incomes as fertilizer, something for politicians to toss around in an attempt to make sure that all the flowers are adequately blooming and sufficiently equal.

"Politicians, most of whom love anything that expands the reach of government and their own power, are drawn even more to the creation and manipulation of a political spoils system that allows them to pay off their friends and punish their enemies," writes Ralston. "To that end, much political debate in recent years injects egalitarian ideology into the discussion. For example, Barack Obama, in his candidacy, advocated an increase in the capital gains tax even though such hikes suppress economic activity due to reduced capital investment, and decrease revenue to the government. He said he supported the increase anyway -- because it would make taxes more 'fair.'"