- Feb 8, 2001
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Originally posted by: ironwing
Originally posted by: PJABBER
And this is before the projected massive dual negative economic impacts of cap and trade and a nationalized health care system.
Nationalized health insurance would lift a huge burden off the economy by shifting resources away from the current wasteful private insurance system, resources that could be used for more productive activities. Nationalized health insurance would unleash an entrepreneurial wave as folks, full of ideas and purpose, could pursue their dreams of building new businesses without fear of medical bankruptcy. Nationalized health insurance would level the playing field for US manufacturers by removing the burden of employer-based insurance where employers who provide coverage are subsidizing those who don't and competing against foreign companies who don't have this burden.
Fail. The ObamaCare program as proposed has massive systemic impact on a wide variety of levels and produces very little in the way of actually providing access to quality medical care. It sets up/expands a hugely expensive government bureaucracy that will effectively eliminate private, and materially better, health coverage for all but the most wealthy who, like in Europe and other parts of the world, can afford to opt out. The financial burden on small business, which represents the great bulk of enterprise in the US, will be near catastrophic and by the Obama administration's own forecast, will result in a projected job loss approaching 5 million.
I just posted an article worth reading here:
ObamaCare - Runaway Train To Less Freedom, Higher Taxes And Rationed Care
Michael Leavitt, Secretary of Health and Human Services from 2005-09, former Administrator of the Environmental Protection Agency and elected three times as the Governor of Utah, succinctly summarizes why this is a boondoggle approaching the level of the "stimulus."
