Benjamin Franklin famously said that the only two certainties in life are death and taxes. It’s time to add another certainty to that list: Any government program will end up costing far more than estimated at its inception.
The libertarian, free-market Cato Institute has seen fit to reference a key article about healthcare on the home page of their website. Called “ 'Fearmongers' Were Right about Obamacare," this work was written by Michael D. Tanner, one of Cato's senior fellows, and was originally published in the April 30, 2010 edition of The Orange County Register.
Are you without health insurance? Do you resent being forced, under the latest unconstitutional round of federal meddling in the healthcare sector, to purchase insurance? Would you prefer to save your money or sink it into something with real value, such as gold? Believe it or not, under ObamaCare it is possible to do this without penalty.
The existence of the ObamaCare provision that forces every American, regardless of income, ability or personal preference to purchase a qualifying health insurance policy has been well reported, little attention has been paid to a similar mandate that will be far more wide-reaching, far costlier, and far more destructive to the attempts by hard-working Americans to protect their wealth.
Item: Mitt Romney stated on his Free & Strong America PAC website: “President Obama’s new healthcare law imposes higher taxes, cuts Medicare, contains insurance price controls and expands the size of our federal government. It is unhealthy for America. That is why it is critical that we elect fiscally-responsible conservative leaders who will work to repeal the worst aspects of Obamacare, restore commonsense principles to healthcare, and focus on getting our economy back on track.”
When French economist and legislator Frederic Bastiat accused “disseminators of subversive doctrines” of “concocting the antidote and the poison in the same laboratory,” he might — were he alive to see the follies of our day — have American healthcare in mind.
The Board of Supervisors in Santa Clara County, California, voted 3-2 on April 25 to ban restaurants in unincorporated areas of the county from giving away toys with children's meals that exceed set levels of calories, fat, salt, and sugar.
The Obama administration finally finagled reticent Democrats into passing “healthcare reform,” despite the fact that a majority of Americans were against the Democrats’ bill. And the Democratic Party, as a whole, will likely face retribution by the public during elections in November, but the retaliation will probably not be for the reasons you might think.
Americans, by and large, want some type of “healthcare reform,” even if they are not for Obama’s version of reform. They are tired of getting the run-around from insurance companies that seem to dispute or deny every claim; they want insurance costs to go down; they want everyone — even those with pre-existing conditions — to have access to affordable health insurance; they don’t believe it’s fair for insurance companies to jack up their rates or drop coverage when an insured makes a costly claim.
The new federal healthcare law, often referred to as ObamaCare, will impact all Americans with threats of fines and unprecedented federal intervention in regulating the insurance industry, doctors and healthcare professionals, businesses, and even the family. Art Thompson, CEO of The John Birch Society, explains that the Patient Protection and Affordable Care Act and the reconciliation bill are just a framework to be filled in as bureaucrats add regulations to the new law. “There’s no smoking gun. It’s a cocked pistol that’ll be fired when the regulations come down,” Thompson says, adding that most people “apparently haven’t noticed the fact that this is a program to reach down into every home.” Here’s the impact in brief: