The Impact of Obamacare

November 23, 2008 RSS Feed Print

Ramesh Ponnuru gives his insightful take on the political impact of Obama's healthcare plan if implemented:

"Obama’s health-care plan is designed to evolve into a national health-insurance program along the lines of Canada’s. The resulting government monopoly or near-monopoly on health insurance would stifle innovation, require bureaucratic rationing, and infringe on freedom. But it would also move American politics permanently leftward ... the inevitable disappointments and failures of a nationalized system would just as inevitably be blamed on underfunding, creating a bidding war that liberals would usually win ... the creation of a new system would make free-market alternatives look more radical to the public than they do now, because they would be more radical. The public’s aversion to risk, which now hurts advocates of liberal policies as much as it helps them, would only help them.  So national health insurance could be a lasting political success for liberals even if it is a colossal policy failure; it could, indeed, succeed politically because of its failures."

Reader Comments Read all comments (8)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

What you hope for is the occasional instance of government health care done consistently well...what you'll get is government health care the way it's done in New York state. $60 billion a year for Medicaid. Ten percent of that stolen right off the top. Another ten to thirty percent is at best redundant, at worst additional fraud. Every year. Twenty billion goes -poof-.

And the clincher? New York's Medicaid program is bigger than the next two largest state programs combined...and it STILL misses covering more than a million eligible New Yorkers. You can thank the Obama-backing SEIU for a lot of that, but you can also thank pharmaceutical companies, hospitals and nursing home operators too. They buy the state legislature, Republicans and Democrats alike...and make sure they stay bought.

And seeing as spending-wise DC has Mario Cuomo-style liberals in the majority and Pataki/Brunos in the minority, the stage is set for a nation-sized serving of New York-style waste, fraud and incompetence.

Brian of NY 8:01PM November 25, 2008

When it comes to healthcare, yes, "THERE IS AN AVERSION TO RISK". What free market capitalists haven't figured out is that there are somethings not best left to the free markets. Given that we tend to highlight our largest fears, I think Mr. Ponnuru does this very well... His real fear: "it would also move American politics permanently leftward." When it comes to the free market of ideas, I'm afraid that you are both intellectually bankrupt. The freemarket system is not working and the people are responding to just that!

DJ of MD 2:24PM November 25, 2008

I just came across this blog post that references this mindless blurb:

http://rustyidols.blogspot.com/2008/11/fear-of-universal-health-care-planet.html

As a Canadian, I can safely and in good health tell you that you are out to a very fancy corporate lunch.

Alex of 1:34PM November 25, 2008

Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement