Mythbusting Obamacare

Bill Keller of the NYT put out a pretty great column earlier this week debunking five of the biggest myths about Obamacare.  You can read the whole thing yourself here, but I’ve provided a distillation below.

OBAMACARE IS A JOB-KILLER.

Some of the job-killer scare stories are based on a deliberate misreading of a Congressional Budget Office report that estimated the law would “reduce the amount of labor used in the economy” by about 800,000 jobs. Sounds like a job-killer, right? Not if you read what the C.B.O. actually wrote.

While some low-wage jobs might be lost, the C.B.O. number mainly refers to workers who — being no longer so dependent on employers for their health-care safety net — may choose to retire earlier or work part time. Those jobs would then be open for others who need them.

OBAMACARE IS A FEDERAL TAKEOVER OF HEALTH INSURANCE.

Let’s be blunt. The word for that is “lie.” The main thing the law does is deliver millions of new customers to the private insurance industry. Indeed, a significant portion of the unhappiness with Obamacare comes from liberals who believe it is not nearly federal enough: that the menu of insurance choices should have included a robust public option, or that Medicare should have been expanded into a form of universal coverage.

This is a “federal takeover” only in the crazy world where Barack Obama is a “socialist.”

THE UNFETTERED MARKETPLACE IS A BETTER SOLUTION.

“Ten percent of the population accounts for 60 percent of the health outlays,” said [Karen Davis, president of the Commonwealth Fund]. “They are the very sick, and they are not really in a position to make cost-conscious choices.”

LEAVE IT TO THE STATES. THEY’LL FIX IT.

[T]he best ideas don’t spread spontaneously. Some states are too poor to adopt worthwhile reforms. Some are intransigent, or held captive by lobbies.

You’ve heard a lot about the Massachusetts law. You may not have heard about the seven other states that passed laws requiring insurers to offer coverage to all. They were dismal failures because they failed to mandate that everyone, including the young and healthy, buy in. Massachusetts — fairly progressive, relatively affluent, with an abundance of health providers — included a mandate and became the successful exception. To expand that program beyond Massachusetts required … Barack Obama.

OBAMACARE IS A LOSER. RUN AGAINST IT, RUN FROM IT, BUT FOR HEAVEN’S SAKE DON’T RUN ON IT.

If the Obama campaign needs a snappy one-liner, it could borrow this one from David Cutler: “Never before in history has a candidate run for president with the idea that too many people have insurance coverage.”

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About Hammertime
Georgetown sophomore, Job Creator.

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