Posted on 11/09/2009 11:55:36 AM PST by thisisthetime
We are incessantly being told that the cost of medical care is “too high” — either absolutely or as a growing percentage of our incomes. But nothing that is being proposed by the government is likely to lower those costs, and much that is being proposed is almost certain to increase the costs.
There is a fundamental difference between reducing costs and simply shifting costs around, like the pea in a carnival shell game. Costs are not reduced simply because you pay less at a doctor’s office and more in taxes — or more in insurance premiums, or more in higher prices for other goods and services that you buy, because the government has put the costs on businesses that pass those costs on to you...
(Excerpt) Read more at thewoodwardreport.com ...
May God Bless you, Dr. Sowell.
I would add that the costs of health care will not be merely shifted to the government, they will go up. Why? Because it’s not just taxes that will support the costs, it’s that today’s costs will be paid for with BORROWED dollars in more government deficit spending. Add on the interest rates, the devaluation of the dollar, and the squeezing out of private sector capital, and you have much more than mere cost shifting.
Yes, it does shift costs. From those that have more money to those that don’t have as much. Nothing new, its already wealth transfer... this bill just turns the ratchet a bunch more notches.
This has never been about cost. It is about power.
This has never been about cost. It is about power.
The cost and any specific provisions are irrelevant! The only salient point is any version of federal health care is unconstitutional since Article 1 Section 8 does not specifically grant Congress the power to regulate health care. This is the point people need to drive home with their politicians!
Yeah!
WHen the rich are made poorer, everyone will be ... rich!
/sarc
This travesty of a bill is nothing more than a progressive transfer of wealth from working Americans to illegals and deadbeats, replete with jail time for those who disobey courtesy of the IRS.
Haven’t read the full article yet, but many health care providers are unable to simply pass along health care costs to the beneficiary. HC often is a different playing field— a strange, mixed and artificial marketplace. Margins are squeezed, and frequently losses swallowed whole. If Dr. Sowell delves into this I wouldn’t be too surprised, since he covers the industry quite well.
If rich people weren't so selfish, we could all be rich!
Their end goal is to break private insurance companies, then create massive Government run and subsidized conglomerates like AIG. They will create the illusion that they are still “free enterprise” oriented but it will, in actuality, be nothing more than a cleverly disguised National Socialism, run by an Oligarchy. An ObaMao Oligarchy.
Before they are done, and if we cannot stop them, they will control virtually everything, from what we write and think on this forum, to what kind of production that industry will produce. Not to mention how much we will be allowed to earn.
Also important to note that the dilemma that’s presented to providers has consequences. Many are either exiting the industry or making plans to do so. Several complications will flow from this...we’ll see significant obstacles in patient access to services (an intentional-unintentional bit of rationing by uncle obammy) and an overall diminution in quality of care.
I’m paying $660 a month for “company sponsored” coverage through Aetna, for 3 people, plus $20 co-pay, $40 for specialists. To whom are my costs going to shift?
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