Then,
there’s ObamaCare’s eye-popping price tag. According to the Congressional
Budget Office, during the first decade when it’s in full effect (2014-2023),
ObamaCare will cost about $2 trillion. A decade of ObamaCare will cost five
times more than the Medicare prescription-drug benefit or 2½ times the cost of
the Iraq war. A decade of ObamaCare will cost four times Greece’s total public
debt!
With
federal bureaucrats in charge of cutting hundreds of billions from Medicare to
pay for ObamaCare, heavy-duty rationing of health care is always a possibility.
That would make the law even more unpopular than it already is.
The
problem in evaluating the fiscal impact of the Affordable Care Act is that
Republicans and the Congressional Budget office predict huge deficit costs; but
Democrats and a raft of New York Times economists say the law will be budget
neutral and, according to President Obama, “It will not cost the ordinary tax
payer one dime.” Well…I hope the Democrats are right; but if they are, this
will be the first entitlement program that will not cost anything. To me, it
seems astounding to think that we can insure 38 million uninsured Americans
without any cost to the rest of the nation.
ObamaCare
includes provisions that promote surgical abortion and, now, drugs that cause
abortion and contraceptives. Those features are highly objectionable to social
conservatives.
Thomas
J. Donohue, President and CEO of the U.S. Chamber of Commerce has said, “The
law fails to implement sensible solutions to control costs, improve quality,
and increase coverage. We can’t afford to settle for ‘reform’ that doesn’t
accomplish those fundamental goals.” He continued, “Consumers should be allowed
to choose the coverage they want, and providers should be paid based on the
quality of care—not merely the quantity of services rendered. Medical liability
reform that curbs the need for providers to practice defensive medicine would
also drive down costs. And widespread adoption of health information
technology—including electronic prescriptions and medical records—could further
improve quality, lower costs, and reduce medical errors.”
Well…we’ll
see. President Obama is still ahead in the polls to be our president over the
next 4 years. I think he is in that position because people like his warm and
convincing personality; but his policies on health care do not appeal to me or
to lots of others.
This
post was largely redacted from the Weekly
Standard 23 July 2012, page 16 and 17.
No comments:
Post a Comment