Commenter JA offers:
I’m suggesting that the federal government buy insurance for those who legitimately cannot afford it and pay for it by raising taxes on the rich.
By quick googling, the count of uninsured is about 47 million in the US. The “rich”, defined by Mr Obama are those making over $250k. A google search on the number earning that much didn’t come up with good answers, but suggests that it is less than 2%, let’s be generous for now and say there are 1 million people earning that much. Health insurance costs in excess of 10k per year … so … each of our earners will need to contribute in tax, $470,000 just on healthcare to cover this gap. However, healthcare isn’t all that the Obamacons want to get the “rich” to fund, there’s also basic poverty needs and other sundry items, which likely double the bill. So, basically Mr Obama and his supporters are suggesting that those earning more than $250k, each pay about $1 million per anum in taxes. While were at it, let’s buy each of the poor a pony, no?
And remember, these programs when implemented will not, no no never, require raising taxes on those making less than that. Bah.