Hope And Change is coming fast and furious. Fresh off the government takeovers of GM, Chrysler, AIG etc…(started by Bush and perfected by Obama), several other massive government programs are on the fast track.
Apparently the massive program known as Cap and Trade will be voted on this week. Al Gore will be on hand to plead for the bill because as we all know, the planet has a fever and the only prescription is a massive government program (I doubt Gore will display this graph).
The Heritage Foundation says the cost of cap and trade to the average American will be much more than the $175 per family the CBO predicts. Heritage summarizes their analysis of the CBO report:
Regardless of the CBO’s cost estimates of the Waxman-Markey cap-and-trade program, the necessary second part of the question–what benefits do the costs generate?–remains unanswered. Americans will get almost nothing in exchange for these higher taxes, and the legislation will provide nothing for future generations except more debt and less economic opportunity. According to climatologist Chip Knappenberger, Waxman-Markey would moderate temperatures by only hundredths of a degree in 2050 and no more than two-tenths of a degree at the end of the century.[8] This does not sound like a great deal for the next generation–millions of lost jobs, trillions of lost income, 50-90 percent higher energy prices, and stunning increases in the national debt, all for undetectable changes in world temperature.
The CBO analysis of Waxman-Markey fails to take into account all the adverse effects that will ripple through the U.S. economy if cap and trade becomes law. CBO’s grossly underestimated costs means Members of Congress will be grossly misinformed when voting on the legislation.
Micheal Williams, candidate for Senate in Texas, is reviewing the bill and you can read about it here.
While cap and trade is working it’s way through the Congress, ABC and Obama spent all day yesterday talking about the massive health care system reform the President desires. The plan will likely cause people to leave their private insurance into a new government insurance plan (Congressmen will of course be exempt from such requirements).
How might this happen? In some cases, it might simply mean that individuals, particularly those currently paying the entire cost of their health-care premiums, would choose to switch to the government plan because they believed it better fit their needs. In other cases, employers might decide to stop offering their current health-insurance options, preferring their employees purchase health insurance elsewhere. How often employers might choose to do this would depend on yet to be determined details of the “pay-or-play” employer mandate, which would require employers to either “play” by providing insurance to employees or “pay” by paying into a system that helps fund public health care. Right now, only two of the three notable bills making their way through Congress have an employer mandate, and on one of those, the details — such as how much employers would have to pay — are blank.
As Mark Steyn pointed out during Monday’s Rush Limbaugh program, the way government run health care programs control costs is by limiting the care given to the patients – that’s the only variable left in the system. Thus things that are routine in the US require long waits, and are oftentimes denied, in Canada and Britain. Obama all but admitted this would be the case last night when he said:
In a nationally televised event at the White House, Obama said families need better information so they don’t unthinkingly approve “additional tests or additional drugs that the evidence shows is not necessarily going to improve care.”
He added: “Maybe you’re better off not having the surgery, but taking the painkiller.”
Aren’t emotional loved ones of the patient incapable of making such decisions? Will these decisions be made by an independent, government mandated panel? Will see.
The Heritage Foundation has tons of stuff about health care policy right here.
The central problem (again as Steyn pointed out on Monday) is that we’ve allowed too many people to get between us and our Doctor. Whether it’s an insurance company that decides what care a patient gets or some government panel, the cost will be higher than it could or should be. Get insurance companies and government out of the way and let patients deal directly with the doctor of their choice. Let’s stop trying to insure against the common cold and insure people against catastrophic events – like we do with car insurance, life insurance, disability insurance and the like.
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