Obama and the Democrats are Hell Bent on Their Twisted and Lame Plans

Economically, the main reason health care access is a public good and why private health insurance for basic care needs to be illegal is that anyone with half a brain will pay almost anything for something they think is necessary to gain more years of life. So the consumers are by definition desperate from right out of the box. This, in turn, vastly increases the already substantial pressures in favor of monopolization in modern day fake free market economies. So just from the standpoint of basic economics, the whole US health care set-up is a huge fiasco from the get-go, an economics catastrophe waiting to happen if there ever was one..

The Democrats' twisted "reform" proposals have now been officially predicted by the Congressional Budget Office to not slow the growth of health care spending and therefore to not save the Government (the Government as a whole I believe, Federal, state, and local levels) one nickle compared with doing nothing, which has suddenly increased the probability that nothing at all will pass when all is said and done.

The Democrats' proposals involve new taxes. The new taxation would have both progressive and regressive components. The regressive taxation falls on those making between 133% of the Federal poverty line and about $40,000 a year. The regressive taxation also falls on small business owners, in particular ones who have payrolls in excess of $250,000 or maybe $350,000 up to $1,000,000 or perhaps a little more than that.

As for Obama, he appears to be hell-bent to get something passed even if it is doomed to failure in the longer term which, along with the collapsing economy, is another reason why as of right now it is very unlikely he can be reelected.

The bottom line is that it is not simply that single payer would save a lot of money. As the CBO just reported, it is that it is the only thing that will save any money at all! And that money must be saved has become obvious to everyone with half a brain.

[The above is in response to this article.]