"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan

Friday, February 8, 2013

Michelle Malkin v. Juan Williams Debate Obama's List of Broken Promises

Michelle Malkin and Juan Williams argue about the consequences of Obamacare and the affect it has had on medical supply companies and small businesses.

MICHELLE MALKIN: Reality check. I may not be a 'real journalist' like you Juan, but I'm not a pollyanna either. And out here in the real world, the effects of Obamacare, including the medical device tax that is cutting R&D and causing layoffs across the country in the most innovative firms. The fact that so many people who were intending to go into medicine are no longer going into medicine. Thank you, brain drain, a big consequence now of Obamacare.

And the fact that so many small businesses, doctors, who were individual practitioners are either bailing and retiring all together or going into concierge care. Have you heard that term? Do you know the trends now of people who are shutting down their practices as they used to be constituted, dropped insurance all together, where now only the wealthiest can pay for care. Congratulations, Obamacare. Heckuvajob. (Hannity, February 6, 2013)

3 Reasons Health Care Reform Won't Cut The Deficit By One Thin Dime
One of the main selling points of health care reform was that it would cut the federal deficit by a supposed $143 billion over the next decade and a trillion-plus dollars in the one after that.

But not only will the legislation not cut one thin dime from the deficit, it will also certainly cost far more than the $940 billion in new spending already on the table for at least three reasons.

These include:

1. Legislative Trickery. Congressional Democrats have pledged support for "the doc fix," a permanent upward adjustment to the rates at which Medicare providers are reimbursed. As Speaker Nancy Pelosi has said, "We have made a commitment to do this. This is very important." The cost of the "doc fix"? Some $247 billion over the next 10 years, wiping out any deficit reduction from health care reform.

2. HIgher Premiums. In 2006, Massachusetts passed health care reform very similar to what President Obama just signed. The result? The Bay State now has the highest premiums in the country and cost about 33 percent more than expected.

3. Bad Accounting. The government is terrible at predicting how much programs will cost, especially when it comes to medical care. Initial 1960s' projections of Medicare's costs in 1990 had the program costing about $12 billion; the actual result was almost 10 times that amount. As a Joint Economic Committee report notes, "Major health care proposals have almost always cost more...than the highest cost estimates published while the legislation was pending."
NOTE: To share or email this 'Specific' article, you must click on the Title of the article.

No comments: