When Democrats shut down the federal government for 42 days, millions of Americans suffered. Veterans couldn’t access services, national parks closed their gates, and federal workers went without paychecks. Nice priorities, right? But the real reason for their obstinacy wasn’t principle—it was profit.
While you weren’t looking, a massive wealth transfer was taking place. While families struggled to make ends meet during the shutdown, Democrat donors in the insurance industry were protecting their golden goose: taxpayer-funded subsidies that have made them billions. The shutdown wasn’t about healthcare—it was about keeping the money flowing to the right pockets.
From ‘Just the News’:
The 42-day federal shutdown forced by Democrats thrust the economics of Obamacare into the limelight, and exposed an uncomfortable truth: An insurance industry whose executives are increasingly liberal donors has seen its earnings soar with the injection of taxpayer-funded subsidies that propped up Barack Obama’s signature health program from collapse.
The nation’s largest health insurance companies have seen good business since Obamacare was first passed in 2010 and fully implemented in 2014. This has come in no small part because of federal government subsidies to the insurance industry, which government estimates show totaled $1.8 trillion in 2023 alone.
This is outrageous. One-point-eight TRILLION dollars. In one year. Your money, their pockets.
The evidence is damning. Since Obamacare’s implementation, the four largest health insurance companies saw their profits explode by 216%. UnitedHealth Group, which dominates the industry, experienced the most dramatic windfall. Their stock prices didn’t just beat the market—they crushed it, growing 1,032% since the law passed, compared to just 251% for the S&P 500.
Hellbound and Down 