Good catch from Ron Meyer at CNS:
The one good thing Justice Roberts did today was to admit that young Americans are targeted to pay the bill for Obamacare.
From Chief Justice John Roberts:
“The individual mandate’s regulation of the uninsured as a class is, in fact, particularly divorced from any link to existing commercial activity. The mandate primarily affects healthy, often young adults who are less likely to need significant health care and have other priorities for spending their money. It is precisely because these individuals, as an actuarial class, incur relatively low healthcare costs that the mandate helps counter the effect of forcing insurance companies to cover others who impose greater costs than their premiums are allowed to reflect. See 42 U. S. C. §18091(2)(I) (recognizing that the mandate would “broaden the health insurance risk pool to include healthy individuals, which will lower health insurance premiums”). If the individual mandate is targeted at a class, it is a class whose commercial inactivity rather than activity is its defining feature.“ Nat’l Fed. of Ind. Business v. Sebelius, 567 U.S. ___ (2012).
There’s a reason today’s young adults are living with, and relying on, their parents longer and longer: They can’t afford not to. After emerging from college with an unmarketable degree and crushing student debt, they’re forced to subsidize their baby boomer parent’s lifestyles through a massive inter-generational transfer of wealth. How, then, can we expect today’s 20-somethings to purchase a home, start a family, and pursue the American dream that most of us took for granted? Robert’s decision to approve Obamacare’s individual mandate will only exacerbate this situation, taking more money out of the pockets of those struggling to get started in life and putting it into the coffers of those who are well on their way. Amazingly, the portion of his opinion excerpted above makes it clear that he’s well aware of this — and doesn’t care.
On the other hand, though, it’s difficult to feel sorry for the young people who will be most hurt by this. When they do bother to vote, they disproportionally support the very party responsible for these wealth transfer schemes, blissfully unaware of the fact that their actions guarantee themselves lower current and future living standards. If they can’t be bothered to do a little research before they vote, why should I care? At some point, of course, the demographics will bring this unsustainable system to a screeching halt as fewer and fewer young people are forced to subsidize the current consumption of more and more “non-young” people, most of whom are far better off financially, through generous pensions, health care benefits, and other taxpayer-financed transfer payments Democrats deem the middle class can’t live without. This is unsustainable and will bankrupt the country.
Update: In reading some of the comments, it appears I broad brushed all “young people” into the same category. I didn’t mean for that to be the case. I was generalizing. I do understand that not all twenty-somethings are the same. But the data clearly indicate that a significant majority of eligible 18-30 year olds don’t vote, and the majority of those that do blindly give their votes to the Democrat Party without regard to the consequences. I don’t know why that’s the case, though I suspect it may have something to do with the old generalization ’If you are not a liberal at 20, you have no heart. If you are not Conservative by 40, you have no brain’ (or something like that). Who knows.