Dennis Flaherty ✝️🇺🇲

Barack Obama signed the Affordable Care Act in March 2010, guaranteeing you cheaper insurance, more competition, and the ability to keep your doctor. Premiums for individual plans more than doubled between 2013 and 2017. Deductibles climbed so high that millions of technically "insured" Americans still skipped medical care because the out-of-pocket costs were prohibitive. The government mandated what your insurance must cover, forced healthy young people to subsidize older high-risk pools, and then expressed genuine surprise when prices spiked. Prices always tell the truth. The 2009 stimulus, officially $831 billion, operated on the Keynesian assumption that government spending creates wealth. Government spending transfers wealth, first taxing or borrowing it from the productive sector, then routing it through political channels where efficiency is nobody's personal concern. The "shovel-ready jobs" Obama later joked about produced no measurable acceleration in recovery. The recession that followed 2008 should have cleared in 18 months, as previous sharp downturns historically did when left alone. The Obama recovery took a decade and delivered the weakest GDP growth of any post-war expansion on record. Dodd-Frank, signed in 2010, weighs 2,300 pages. Community banks spent compliance budgets they never had, and roughly 1,900 small banks vanished between 2010 and 2016. The big institutions that actually caused the 2008 crisis absorbed the regulatory cost with ease and used the new complexity as a competitive moat. Regulations written by large players consistently protect large players. The middle-class small-business owners who needed credit found fewer lenders willing to offer it. Obama also expanded drone warfare to seven countries, assassinated American citizens without trial, and extended the surveillance state through a reauthorized PATRIOT Act, which undermines any libertarian's case that the Democratic Party is less hostile to civil liberties than its competition. Then there was Cash for Clunkers, which destroyed 690,000 working cars in 2009 by crushing them with sodium silicate. Mechanics lost parts inventory. Buyers on a budget lost affordable transportation. Prices for used cars spiked. You paid more so dealers could move new inventory. A generation of voters watched the government spend $5 trillion across two terms, nationalize health insurance markets, regulate finance into oligopoly, and print money through three rounds of quantitative easing that inflated asset prices and rewarded those who already owned property. You paid higher premiums, earned lower real wages, and watched your savings earn nothing in a deliberately suppressed interest-rate environment. The bill always arrives later. You see the ribbon cutting and the document signing, but you feel the damage to your pocket only years later.