George Rebane
ObamaCare’s progress through Congress illustrates the utter contempt Democrats have for the intelligence of the folks who voted them into office. Their straight-faced ‘explanations’ of how health (or any other kind of) insurance works strains the credulity of anyone with more than two brain cells to bang together.
As I listened yet again to another left-wing politician explain that the health insurance component of ObamaCare will provide the same coverage, at lower premiums, to people signing on at will with pre-existing conditions, and at the same time reducing deficits, it was time to reach for the barf bucket. And this prevarication is always done with all sincerity. What do they know about their voters that the rest of us don’t? From a distance Obama supporters look and act nice enough, and things go well when we talk to them about other topics. Yet something doesn’t tie when it comes to basic economics.
The Senate Finance Committee today approved their version, and lying with a straight face told the nation that last week’s CBO analysis of the former “conceptual language” version resulted in temporary deficit reductions of about $87 billion a year. The CBO was hesitant to issue its analysis as I reported here, and now that ‘conceptual’ $87 billion number is trumpeted as the CBO’s considered verdict on a bill with language that the CBO has yet to study. A sleazy shell game indeed to start the momentum on ObamaCare, momentum that will become a bum’s rush to the White House as the various Senate and House versions are merged.
One supposes we all know that insurance is a betting game wherein risk to the insured is reduced by the odds of a game set up so that the total premiums collected will pay for the expected claims, with money left over for a cushion, operating costs, and profit. If the expected claims are too high, then the premiums charged will cost more. To lower premiums you have to have enough policyholders who pay in and don’t file claims – for health insurance that requires having more, younger, and healthier policyholders. It winds up being a probability problem, but you don’t have to know how to solve it in order to understand the basic concept.
Reputable commentators like Charles Krauthammer correctly call the above argument “obvious and intuitive”, but the Dems and their MSM mouthpieces behave as if they are talking to functional idiots, and continue repeating the same malicious mantras about how under ObamaCare everyone will pay less and get more. We all know the redistributionist and deficit impact of ObamaCare, and that includes the brighter liberal elites, yet they raise no cry nor point out to their dimmer counterparts the clear contradictions of the Democratic message.
And if you really need proof, look at what the Brits are doing today in trying to pull back from the disasters of socialism. They’ve been there and seen the glories of government taking over this and that. Now with rocketing costs they are seriously looking at privatizing functions that government has in common with private industry. Their approach is to start for-profit service corporations that will be part government, part private sector owned (more here). RR readers will recall my recent columns (here and in The Union) recommending a similar tack that introduces non-profit service corporations. Who will ask, 'Today the Europeans are driven back from unsustainable socialist policies that don’t work - why are we now heading down that same road?'
Uh, George, what am I missing here? The folks who voted Obama into office are, by definition, idiots. Ergo, the administration, if that's what we call it, is entitled to treat them as such.
Posted by: Larry Wirth | 13 October 2009 at 08:03 PM
I watched the hearings on Tuesday for a while on C SPAN. I found the most telling point to be the question asked of the representative from the CBO - "Will this bill raise the cost of health care in America as a percent of GDP?" He had no answer, as the CBO had never been tasked to come up with an answer. Gee, I wonder why not? Some comedic relief from the response to a question asked of a fellow who was some sort of policy tech working for the finance committee. When asked if the higher costs and taxes to be dumped on the insurance companies, big pharma and the makers of medical devices wouldn't just be passed along to the consumers, the poor sod writhed in stuttering, hesitating, tortured logic for a while but meekly ended the answer in the affirmative. These staffers really earn their money. The old saying about the making of laws and baloney is best if not watched is certainly true. The finance committee vote is just window dressing as the final bill to be voted on in the Senate will be cooked up in a back room by a hand full of Democrats and Rahm Emanuel. The whole point of the exercise was to get the vote of Ms Snow, a liberal Democrat who puts an R next to her name each time she runs for election. Now, BO gets to trumpet the "bi-partisan" support the bill has, because the Dems haven't the guts to push this through on their own. I wonder why?
Posted by: Account Deleted | 14 October 2009 at 02:26 AM
George-
This shows a recurrung problem. I wrote to both our state senators regarding the proposed bailout prior to it passing. I received a form letter that, in many more words than necessary, informed me that I was not educated on the matter and could not understand what the bailout meant. Further they went on to say that the decisions that they were grappling with were only understood by a few people. I do not like being told that the people who are supposed to be representing me in congress don't respect my opinion nor think it matters.
Posted by: JMcD | 14 October 2009 at 04:44 PM