Tuesday, March 30, 2010
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Democrats believe that if they passed a law that said "pigs can fly," the skies would soon be filled with joyous oinking.
And so they're shocked...shocked!...that the Obamacare bill which was supposed to reduce costs for businesses is already causing costs to skyrocket. AT&T reports increased costs of $1 billion, Caterpillar will pay more than $100 million more, Deere & Company $150 million, and the list goes on and on...totaling nearly $14 billion during the most challenging business environment in memory. New jobs? New investments? Not likely.
The Democrats are responding to this bad news by ordering an investigation of the companies, demanding to know why the real-life numbers aren't adding up the way the Democrats ordained them to.
According to one source, prior to Obamacare's passage several CEO's tried to explain to the president what the bill would do to business and the economy in general: "First the president didn't understand what they were talking about. Then he basically told my boss he was lying. Frankly my boss was embarrassed for him; he clearly had not been briefed and didn't know what was in the bill."
None of which, unfortunately, kept the president or the Democrats from passing the bill. And the buck.