The Convergence of 2014. This is my theory, and how I see it.This concept entails many things coming together, some all at once, others in increments – yet, all in the year 2014.Prior to the October 1st ACA mandate, Barack Obama and his team couldn’t figure out the Corporate mandate of the ACA law, and reluctantly agreed to push it back to October 2014. Recently, Obama gave a speech on the woes that have plagued the installment of the ACA bill, and pushed it back to 2014. It has already been determined millions more people will lose their health insurance January 1st, 2014. The Department of Labor already issued a report that millions will lose their unemployment benefits January 1st, 2014.As Congress sweats over the $700 billion dollars welfare will cost the Federal government over the next decade, they will deny 3.8 million people SNAP benefits and will cut $5 billion dollars in welfare benefits for 2014.
Congress will push the minimum wage to $9.80 per hour in 2014. While that may seem exciting to many, and perhaps even a moral victory – there is more to this than meets the eye. Strategically, this is being done for 2014. What will happen as a result, are those corporations looking at the impact of Obamacare on their bottom dollar in conjunction with this increase in wages, many businesses will simply close their doors – too costly to remain open. The other demon in play here, is the Obamacare exchange. Many right now qualify for rebates from this healthcare exchange – because they meet a certain income percentage. Many people are hovering just below that percentage line…and this spike in wages could realistically push them over that line, disqualifying them from participating in the exchange.I had read from a reliable, and personal source, there is a legislation on the Congressional table to tax the smoke stacks we see rising up from manufacturing plants. Add this to the ACA laws, the spike in wages..and we see something ugly brewing.Flying under the radar, this administration is pushing hard for – INFLATION! That’s right. Raising inflation is an ideology of Janet Yellen, Obama’s hand-picked incumbent to lead the Federal Reserve – starting in? Yep, 2014. The New York Times, Wall Street Journal and The Economist have been pushing hard for, and promoting inflation. Janet Yellen claims America needs more inflation..at a minimum of 2.5% annually. More if possible.Hence, the Convergence. Because we don’t see immediate results from poison, don’t be mislead this poison is manageable. Delayed gratification has an evil twin.
There is a concept, one used by many: Sudden change creates resistance, subtle change goes undetected.
Update: 12/28/13 – Congress failed to extend unemployment benefits. Nearly two million will lose their unemployment benefits 12/31/13.
Update: 12/28/13 – Congress unanimously votes to cut military pay, and family benefits.
Update: 01/03/2014 – Congress still hasn’t passed a welfare plan to curtail the impending $5 billion dollar cut looming for fiscal 2014, nor how they will not deny the 3.8 million welfare applicants.
Update: 05/06/2014 – The Employer Mandate in Obamacare had been delayed till after the mid-term elections…I assume to protect the Democrats, but, if my assumption is true, how bad must it be then?
Government is looking at a Federal Wage spike to more than $10.00, and Seattle has seen their minimum raise to $15.00 per hour, and many Democrats say even that isn’t enough.