Obamacare. A destructive power grab

30 03 2010

As an Australian, I did not engage in too much political activism over Obamacare.  A few comments on mainstream internet articles and a few posts on my blog.   

However, I still wanted to express my appreciation for all those USA citizens that did the hard slog and worked so tirelessly to try to defeat this bill against the odds.  Your efforts are truly inspirational. 

The introduction of Obamacare was alarming considering its unpopularity (eg/ this WSJ article reporting 12% more US citizens were opposed to the bill than supported it) and the proven destructive nature of socialism generally.  In addition, the US government has already, for years been meddling in health care with negative results. 

I’ve seen many articles where doctors are threatening to quit their practise.  I’ve seen prospective doctors airing their concerns about practising medicine and considering alternative opportunities. 

The worst part of socialization is the decrease in freedom that results – the inability to act as a human on one’s own volition.  Both doctors and patients have had their freedom reduced.  And you’ve got to feel particularly sorry for the already overworked doctors who unlike parasitic politicians, provide such a highly valuable service eg/ Paul Hsieh pointed out that Obamacare disrupts a doctor’s ability to implement the Hippocratic oath. 

This WSJ article exposes the increased cost to companies (which BTW ultimately means an increased cost to the poor one way or another for any lefties reading this ignorant of economics):

“On top of AT&T’s $1 billion, the writedown wave so far includes Deere & Co., $150 million; Caterpillar, $100 million; AK Steel, $31 million; 3M, $90 million; and Valero Energy, up to $20 million. Verizon has also warned its employees about its new higher health-care costs, and there will be many more in the coming days and weeks.”

“The consulting firm Towers Watson estimates that the total hit this year will reach nearly $14 billion”

In addition the above article exposes how certain Democrats such as Henry Waxman are now threatening corporations with congressional hearings if they issue statements about the harmful effects of Obamacare.  Considering corporations usually publically forecast their earnings and are required by law to report their accounting details to the SEC – this could create quite a conundrum!  As Paul Hsieh points out at the Noodlefood blog – it’s damned if you do, and damned if you don’t.  Quoting from the WSJ article:

“Democrats don’t like what their bill is doing in the real world, so they now want to intimidate CEOs into keeping quiet”

My personal opinion is that this bill is really about increasing state power.  The logical political consequences of bad ideology.

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