The Health Care Domino Effect

August 3, 2009 by  
Filed under Economics

health_dominoNo matter your personal feelings on Obama’s health care “reform” initiative, do not be fooled by what is happening on the surface and in the short term. Mr. ToughMoneyLove is convinced of two things about what will happen in the longer term, depending on how long the Democrats retain their legislative power. Read more

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Unemployment Banned in District of Columbia?

July 28, 2009 by  
Filed under Insurance

To be honest, Mr. ToughMoneyLove hasn’t fully made up his mind about all aspects of Obama Care. One thing for sure that I don’t like is the way that the plan will explode the federal health care bureaucracy.

I suppose you could call it the District of Columbia Full Employment Act. Read more

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Taxing the Rich – Will They Bend but Not Break?

July 15, 2009 by  
Filed under Taxes

Mr. ToughMoneyLove is not ready to launch a full-bore rant on the health care proposal that has emerged from the House. I will wait and see what the Senate does first.

But it is now clear that the fallback funding strategy favored by many Democrats in Congress is “tax the rich.” Read more

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Is a Middle Class Tax Increase on the Way?

March 17, 2009 by  
Filed under Taxes

tax_increasePresident Obama lost control over the spendulus bill, letting both the House and Senate tack on some of their favorite new social programs.

More recently, the President stood by meekly as Congress stuffed the omnibus spending bill with raw pork.  His only defense was that it was “last year’s business.”  That’s a funny one, considering that Obama was part of  “last year’s business”  himself.

Now it appears that Congress may have its own ideas about how to fund the President’s new health care initiatives.  The White House wanted to fund it by scaling back itemized deductions for taxpayers making over $250,000 per year.  Congress may very well reject that idea and substitute a middle class tax increase. Read more

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Money, Muffin Tops and the Future of Health Care Costs

December 15, 2008 by  
Filed under Insurance, Money and Behavior

Yes I know that title is a little strange for a Mr. ToughMoneyLove Monday morning article but bear with me.  It is indeed about hard truth and your money. Read more

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