In the wake of the Roberts’ decision letting Obamacare stand as a tax, legislators, bureaucrats and economic analysts have been trying to figure out exactly what this new “tax” means for the economy.
The short answer appears to be “nothing good.” (If you share that assessment be sure to go here to sign our petition)
As The Orange County Register noted in a recent editorial, “because the U.S. Supreme Court, in ruling last month to validate most of the Affordable Care Act, allowed states to opt out of the law's expansion of Medicaid, about 3 million fewer people will end up insured than originally estimated.”
The editorial went on to note that “a study was released showing about one in 10 U.S. employers plan to drop health coverage for workers in the next few years as Obamacare's provisions go into effect. The consulting company Deloitte found 9 percent of companies expect to stop offering coverage, and another 10 percent are uncertain they will continue. Last year another firm, McKinsey & Co., said up to 30 percent of employers would ‘definitely or probably’ stop offering insurance after 2014.”
So much for accomplishing the liberal goal of “giving” every American health insurance.
The biggest problem with Obamacare is that, from its very beginning, it was built on faulty data, rosie scenarios and outright lies that concealed problems like the creation of this new population of uninsured. One way of ending the lies would be for Congress to repeal Obamacare and start over as our petition demands.
But if we start over, where do we go?
Scott W. Atlas, MD is the David and Joan Traitel Senior Fellow at the Hoover Institution, suggests in an excellent article in Forbes (found online here) that the answer starts with the simple act of telling the American people the truth about the so-called health care crisis.
And the truth is that the only crisis we have in health care is its cost and the unsustainable burden that cost places on the taxpayer, employers, and the American economy.
Dr. Atlas makes a number of sound points in his essay, but they all really come back to this, “…either we can empower individuals with more choices, access to information, and control of their money, introduce a bold and fiscally sound reform of the tax treatment of the health care dollar, and eliminate government barriers to increase private sector competition; or we can impose a massive tax and regulatory scheme that expands government authority and limits consumer choice, founded on distortions and false promises, all the while causing job losses and threatening the exceptionalism of American medicine.”
Free markets built America, and despite President Obama’s socialist pronouncements to the contrary, a free market in health care would lower costs for everyone. Centralized planning, here or elsewhere, has inevitably led to higher costs, a larger tax burden, fewer choices, poorer quality and poorer service.
Until conservatives can rebut the big lie that Obamacare somehow neutralizes this economic law, we will never solve the crisis in health care cost. If you want to end Obamacare’s big lie please sign our petition today.