Data Point – Obamacare wealth distribution

by
Skip

As I mentioned yesterday on GrokTALK!, we can now see the wealth flow, as Obama and Saul Alinsky put it, from the Haves to the Have-Nots (the actual purpose of Obamacare).

Obamacare redistribution

Note the flows out of the next higher quintiles on a percentage basis.  As opposed to what we were told by Obama and the Democrats, it is larger from the middle class than from “the rich”.  We were always told the rich would be hit hardest but as many of us said at the time, it would be as we see it here.  (H/T: Greg Mankiw)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

Share to...