Posted on 05/08/2013 5:56:13 AM PDT by IBD editorial writer
Health Costs: Americans were promised that ObamaCare would make their health care more affordable. But a pair of studies show the new system has done nothing to lower health costs and will sharply raise them.
Between 2009 and 2011, U.S. health spending rose just 3.9% a year, the lowest annual gains in decades. The Obama administration was quick to claim credit for the slowdown, with Health and Human Services Secretary Kathleen Sebelius saying ObamaCare had "contributed to the slowest sustained growth in health spending in 50 years."
But two new studies make it clear that ObamaCare wasn't behind the slowdown in health spending growth, and its "reforms" will undermine proven cost-control efforts in the years ahead.
(Excerpt) Read more at news.investors.com ...
Obamacare may actually lower the cost of health care by destroying the “insurance” industry.
Health care in the US for the last 10-20 years has basically “insured” its way OUT of the free market system.
One need only look at college tuition rates vs government grants and loans to see what will happen.
Paragraphs 6-9 are the most important read of the article..
The goal of Obamacare is to make health insurance and medical care so expensive that people will clamor for a government run “free” system. It was never about making health care more affordable. Ted Kennedy said this decades ago - destroy the current system so people will accept socialized medicine.
BTW, Teddy has been sober for quite some time now.
Summary: Socialists do not understand free markets and so try to control/destroy them.
Two functioning brain cells to rub together?
Obamacare is a huge beam in the Cloward-Piven construction to ‘overload the system’, bringing the nation down by crashing the economic means to be an independent nation. Through creating more and more dependents, the American people are relegated to to a dependency nation at the mercy of the political overlords, the banking oligarchs who hold the strings of the overlords, and our enemies. A We The People Constitutional Republic is a major annoyance/opposition to the new world order agenda. Therefore, it must be ended.
If I had a dollar for every time capitalism was blamed for government’s interference I’d be a fat filmaker in a baseball hat!
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