Former Obama Econ Director: '10,000 People' Will Die a Year Thanks To Tax Reform

Nick Kangadis | December 4, 2017
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Everyone get down! The end is nigh!

Okay, it’s not that serious, but those that subscribed to former president Barack Obama’s ideology and narrative will have you believe that anything not labeled "progressive" will kill you.

In a Sunday op-ed written for the Washington Post and reiterated to CNBC on Monday, the former director of the National Economic Council under President Obama, Larry Summers, claimed the U.S. would experience “10,000 extra deaths per year” as a result of repealing the Obamacare individual mandate.

Essentially, Summers is saying that a Socialist system of health care would save 10,000 lives. Though, as we all know by now, Socialism doesn’t have the greatest track record of keeping people alive.

“When people lose health insurance,” Summers said on CNBC’s “Squawk Box,” “they're less likely to get preventive care, they're more likely to defer health care they need, and ultimately they're more likely to die.”

Oooo, spooky language! You’re all going to die! Larry Summers, who was economic adviser to a president that saw the worst GDP growth of any post-war president, said so, so it must be true!

Summers expanded in his op-ed:

Some may argue that any loss in health care resulting from a repeal of the mandate is voluntary, and that families should have the freedom to make choices about optimal health coverage. I think this ignores two realities. First, for many, the loss of health insurance will not be voluntary: They will lose coverage because premiums will increase, pricing them out of the market. Second, I take seriously the insights of behavioral economics, which suggest that irrational actors may make choices that will lead to worse health outcomes and higher mortality rates.

First, the mandatory Obamacare — you know, the one that was supposed to benefit people not covered by their employer — has seen premiums continually skyrocket for those in the individual marketplace (20 to 60 precent). Additionally, the New York Times praised Obamacare for a less than five percent raise in the premiums of employer-based health insurance customers (three percent).

As for Summers, he used a very helpful scare tactic in order to mobilize those that don’t read the fine print when signing up for something — ‘you’re all going to die!’

Eventually, everyone meets their maker. All you can do is have a little fun along the way so that you don’t go crazy from all the dangerously stupid rhetoric coming from those that think they know better for you than you know for yourself.

Taxes are a killer, but not for the same reasons Summers is espousing.

I’ll just leave this here:

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