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December 20, 2009

Obama - Pelosi - Reid Care Will Bankrupt Us All

Obama care will bankrupt us all while simultaneously decreasing services for most Americans. What an accomplishment.

As it is, the Democrats don't seem much interested in turning out a good bill. They just want any bill. Healthcare is the big enchilada for the left, and they know that now is their chance to get what they've always wanted. They've got the White House and large majorities in Congress, and the stars don't align this way very often.

All of the horse trading has cost them some of their most cherished goals, such as the "public option," which has much of the left in an uproar. The fight over public funding over abortion threatens to derail whatever compromise Reid comes up with.

There are many objections to the current bills. One is simply that it's none of the government's business, another that the current bills will make the situation worse. Third is that it will be hugely expensive, and this in a time when we're already running large deficits.

Yuval Levin, writing over at The Corner, has the scoop:

The CBO assessment of the bill tells the appalling story. We are going to raise taxes by half a trillion dollars over the next ten years, increase spending by more than a trillion dollars, cut Medicare by $470 billion but use that money to fund a new entitlement rather than to fix Medicare itself, bend the health care cost curve up rather than down, insert layers of bureaucracy between doctors and patients, and compel and subsidize universal participation in a failed system of health insurance rather than reform or improve it. Indeed, this bill will make it exceedingly difficult to fix our health insurance financing system in the future, since it sucks dry the potential means of such reform but leaves the fundamental cost problem essentially untouched (and in some respects worsened.) After all the back and forth, pulling and tugging, it is hard to see what is left in this bill that any member of Congress, liberal or conservative, would want to support.

The public seems to see that, and is increasingly opposed to the bill, but for now Democrats in congress still persist. It's no wonder Obama, Reid, and Pelosi want to rush this process through before their rank and file members can grasp what they're doing. But it's a bit of a wonder that those rank and file members so far seem to be playing along. Ben Nelson, Mary Landrieu, and a few others have been bought with taxpayer-funded favors for their states. What's everyone else's excuse?

Posted by Tom at December 20, 2009 9:30 PM

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Comments

The public seems to see that, and is increasingly opposed to the bill, but for now Democrats in congress still persist.

Our so-called elected public servants don't view themselves as such, but rather as RULERS. They think, "We know best," and to hell with the will of the people.

America as we know it may cease to exist!

Posted by: Always On Watch at December 21, 2009 12:00 PM

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