Wednesday, July 22, 2009

The President's neverending show

If you have the stomach to watch the presidents' umpteenth press conference tonight keep this fact in mind. The Lewin Group has done a study on the effects the "public option" that the president wants enacted and they determine that 118 million Americans will lose their private health insurance and will be shunted onto the government plan. When the president promises, which I'm sure he will tonight that if you like your plan nothing changes, he's lying. It's not that private plans can't contain costs. The Pacific Research Group clocks Medicare's costs increasing 34% and Medicaid's 35% more than private insurance since 1970 on a per patient basis. The public plan will drive private plans from the market because it can run huge deficits and the politicians' will never let it fail. The president is on record as an advocate of a single payer health plan like Canada's or Britain's. The "public option" is his way of getting us there. Yes, the heath care system needs reform, but let's actually give a free market approach a shot before we go down the path of rationing and dependence.

No comments:

Post a Comment