ByronBlog

Byron Matthews, a sociologist retired from the University of Maryland Baltimore County and a partner in an educational software company, lives near Santa Fe, NM.

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Location: New Mexico, United States

Wednesday, July 28, 2010

ObamaCare in a nutshell

A portrait of Obamacare, courtesy of the minority in the Joint Economic Committee:

Texas Republican Rep. Kevin Brady says in a release that committee analysts actually couldn't fit everything in: “This portrays only about one-third of the complexity of the final bill. It’s actually worse than this.”

Enjoy it in an easy-to-grasp larger size here.

From Obama fiscal commission co-chair pans health bill’s impact on costs:
The Democratic co-chair of President Obama’s fiscal commission said Wednesday that the president’s health care bill will do very little to bring down costs, contradicting claims from the White House that their sweeping legislation will dramatically impact runaway entitlement spending.

“It didn’t do a lot to address cost factors in health care. So we’ve got a lot of work to do,” said Erskine Bowles, former White House chief of staff to President Bill Clinton, speaking about the new health law, which was signed into law by Obama this past spring after a nearly year-long fight in Congress.

Bowles, speaking at an event hosted by the U.S. Chamber of Commerce, said that even with the passage of Obama’s legislation, health care costs are still going to “really eat us alive” unless dramatic changes are made.

Bowles badly understates the truth, which is that ObamaCare will raise costs astronomically, just like every other program of its sort has done, until draconian rationing becomes necessary, like it always does.

Obama, of course, blatantly lied about this from day one, because ObamaCare was never about saving money, and the fanciful promise that it would never had an ounce of credibility in any serious quarter. Everybody knows costs will explode. From the beginning the only goal was to socialize the medical care system, and if that meant destroying it in the process, well that's just too bad.

The wealthy and connected (including of course the Obama family and the rest of our political aristocracy), will always buy the best medical care money and travel can buy. But the great mass of the people eventually will be forced into a government system that's equally bad across the board. That's what success looks like for a socialist ideologue like Obama.

Byron

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