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CBO Says 2 Million People Will Impoverish Themselves?

by C. Henry Adams


What is really going on here in America?   I ask that question because the non-partisan Congressional Budget Office ("CBO") report in my opinion can be somewhat alarming.

I'm sure by now you have seen the articles by the AJC , the Washington Post  , the Washington Times and the New York Times about how it is estimated that at least (2) two million Americans are expected to impoverish themselves to get, keep or maintain Affordable Healthcare.

By the way, Affordable Care Act, Obamacare or whatever you so choose to called it, maintains the poverty status in my professional opinion.   But, what do I know, right?

Well, according to the CBO, in just ( 7 ) seven years or by 2021, at least 2.3 Million People will impoverish themselves.   Does this sounds familiar?   Where did they get their numbers?

Let's say that 48.8 Million People are now estimated to be in poverty, according to 2000 to 2012 US Census report and the CBO has just added at LEAST 2.3 Million more People by 2021.

Do you see the light now?   Do you see the light in the picture above ,whereas, we are trying to make a point?

I can hear someone say, " C. Henry, your two metaphoric questions don't make any sense to me.  I'm going to go out and get the ACA Health Insurance , make under the amount of money to keep my subsidies and buy whatever I want.  So, shut the hell up! "

My Reply To That Person:   Well, alrighty then - I wish you well in your poverty state of being in America.

Listen, I am not making it my job to tell you how to conduct or even run your life.

But, I sincerely hope that you read and download the CBO which is an economic forecast of sorts.  I know that I will be proactive in regards to it and other things observed in this economy.

So, what do you think?


Congressional Budget Office Publication for Feb. 2014:   http://www.cbo.gov/publication/45010

US Census:  ' Poverty:  2002 to 2012   American Community Survey Briefs '  PDF  :  http://www.census.gov/prod/2013pubs/acsbr12-01.pdf






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