Sunday, March 21, 2010

Health care expansion

As someone who will be asked to pay tens of thousands of dollars more on their taxes, I need to make some points about this healthcare bill:

1) This is not "reform" this is "expansion" funded by high earners, who will likely just give less to charity, since they are directly funding healthcare premiums for others less fortunate

2) #1 would be OK, if others were asked to make the "shared sacrifices" that lured me into voting for Obama (I was so naive). I don't see any sacrifices for any other cohort: cadillac plans for unions are intact, no tort reform, lower earners will get more and are not asked to pay a dime. We're not even scaling back our ridiculous and destructive wars!

3) This bends the cost curve upwards: premiums will go up right away to cover the increased burden by health insurers, and medical device makers will pass their costs on right away to patients and insurers.

4) This is not deficit neutral; the CBO scores what congress says it will do, not what it is likely to do. Example: the doc "fix" which passes every year, and costs $100's of billions. So, add on higher taxes down the road

5) There will be a loss of jobs because our healthcare costs will cause our labor costs to be uncompetitive

Thanks, Democrats, for the bait and switch; you will never get my vote again.

Maybe I'll be wrong. That would be terrific. I'm not counting on that.

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