Obamacare: A Deception - A Detailed Analysis - Paul Craig Roberts

[mamboni]

I believe they are going to have a lot of people who will not comply. This is revolution territory. Forcing a segment of the population to purchase a product at the barrel of a gun. I have a gut feeling that the peoples gun barrels will start pointing towards those who attempt to enforce this ridiculous law.

I don't think it will lead to violence. I do think that this law will drive a lot of businessman to quit and go galt. I know I am thinking about downsizing and calling it quits. And I think a lot of young people who were motivated to find a job are going to throw their hands up and say the heck with it: I'll stay at home and just do some off-the-books cash jobs and not file a tax return. I think tax receipts will continue to decline despite the higher and more numerous taxes and fees. I think money velocity is going to drop to the absolute floor as people downsize, buckle down and live on less to avoid the tax man. I feel sorry for retail because all, except the big multinational entities which are sucking off the government teats (like Walmarts), are going to be slaughtered by this economic slowdown.