Thursday, July 16, 2009

OBAMA'S HEALTH CARE PROPOSAL

I am very skeptical about the health care proposals floating around in Washington. I don't like what we face today, but I haven't seen good alternatives. Politico has a good summary of the problems with current Democrat proposals.

One concern is that Obama economic proposals haven't worked that well. How do we know these proposals will work? After the vice president admitted the administration had misread the economy, the president said administration officials, instead, had incomplete information — but yet they would not have done anything different in the too-slow stimulus. We need to prevent a recurrence of the stimulus mistake on health care.

I see these as the main points:
  1. Health costs would be higher with these proposals.
  2. Higher premiums means workers will have less take home pay--that means less money on spent on other consumer goods.
  3. Would employers want to run two systems? Wouldn't they just dump everyone into the government program and save money and overhead?
  4. Government costs would go up. Government can't live on borrowed money forever so taxes would have to go up.
  5. Are there really enough wealthy people to raise taxes on for the program to work? It strikes me that wealthy people always find loopholes.
  6. Would some terminally ill people or those with ongoing problems continue to be treated?
  7. Relatives in Scotland and friends in Canada have indicated to me that they are unhappy with their government health programs.

And then I read about Vice President Biden's speech on health care: We have to go spend money to keep from going bankrupt.

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