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Thursday, March 05, 2009
Debra J. Saunders :: Townhall.com Columnist
Plan Obama: Pass the Check
by Debra J. Saunders
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


Without taking a position, the Tax Foundation's Matt Moon noted that there are people who wonder if it is a problem in a democracy to have "a swath (of voters) that demands more services and a swath that pays for it."

Count me among that group. But in Obamaland, all bounty is free. Take the 10-year, $630 billion Obama health plan -- which aims at universal access to health care for all Americans -- with, again, only the rich explicitly paying. Obama plans to fund half his package with "savings" (read: spending cuts), which magically only promote efficiency or improve the quality of care. Then Obama funds the other half by capping itemized tax deductions for families earning more than $250,000 -- and that's on top of a proposed income tax hike for those families.

Be it noted, all income groups might have to contribute at some point -- details to follow: Page 27 of the O-plan observes that "others have proposed different ideas to finance expanded health coverage," including a value-added tax. But there are no specifics on a VAT, only a quick nod to the fact that the $630 billion that Plan Obama sets aside for health care reform "is not sufficient to fully fund comprehensive reform."

The question that has baffled me: If President Obama wanted to stimulate the economy and to make health care available to all Americans, why didn't he, in concert with efforts to stabilize credit markets, make universal health care the lynchpin of his stimulus package? In one measure, Obama could have removed an obstacle to some families' financial stability, created a chain of community health clinics, and presented job and educational opportunities for would-be health care workers. And Republicans would have had a much harder time voting against it.

Instead, Obama opted for a pork-rich $787 billion monster -- with something for everyone, and only a small group asked to bankroll the free-for-all. The New Era of Responsibility has a new motto: The administration will talk about the need to live within one's means, and will continue to pass the check.

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Credit Card- No limit
Obama, Pelosi and Ried have issued themselves credit cards with NO limit, under YOUR name.

This is exactly what is happening. And what finally happens to people with massive credit card balances? They go bankrupt...

The Chinese and Saudi's are not going to be as easy to deal with as a bankruptcy court

Roy
I was just telling an old friend from college yesterday that Obama is trying to do exactly what he said he'd try and do during the campaign, yet he got elected anyway. Go figure.
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