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Healthcare reform is economic malpractice

As Washington continues debating healthcare reform the rest of the country is primarily concerned about jobs and the economy. It is still uncertain what policies will be implemented, but I am certain about one thing: It will only further devastate our economy and our dollar.

The leadership has come up with a proposal they are confident will be what they consider fiscally responsible, only to have it scored as nearly twice as expensive by the nonpartisan Congressional Budget Office. Estimates of past healthcare spending programs have been off by as much as 100 percent so there is no telling what the actual cost will be.

The past century should have taught us one thing: that government intervention is expensive. Government programs lend themselves so easily to waste, fraud and abuse. Combine that with overall inefficiency and it all adds up to a hefty price tag for the taxpayer, with not much leftover for actual services. An outright takeover of an entire sector of the economy, especially one as important as healthcare, is something that we just cannot afford for the government to do right now. Not to mention the fact that it is completely unconstitutional. But Washington insists on torturing the numbers and tinkering around the edges rather than facing this truth.

If healthcare reform does indeed pass, we should not be under the illusion that it will be free. The money to pay for it will have to come from somewhere. They say they will get the money from cutting waste, fraud and abuse, but all of that is seemingly intrinsic to government programs. Since they want to expand the government’s reach we have to assume we will be trading waste, fraud and abuse for waste, fraud and abuse with a bigger budget. The powers that be have insisted the money won’t come from higher taxes, it won’t come from rationing of care, and it won’t come from higher premiums. This can only then put more pressure on the Fed to print the money out of thin air. We already have a weakening dollar. They are accelerating everything that weakened it in the past. Adding this new, monumental pressure could very well be the straw that will break the dollar’s back.

Foreign creditors are already nervous about continuing to invest in the US because of our skyrocketing debt. The explosion of debt that is certain to accompany the enactment of this national health care bill can only add to that nervousness.

Ironically, enactment of the health care bill could help the cause of liberty by hastening the day when Congress is forced by economic circumstances to stop increasing the welfare-warfare state and return to the Constitution.

There are many problems with our current healthcare system, to be sure. There are many tragic stories to be told. However, we need to look at the root of our problems in order to address them properly. More government intervention and bureaucracy injected into healthcare will take a flawed system and make immeasurably worse.

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About the Author

Ron Paul is a Congressman from the 14th district of Texas and enjoys a national reputation as the premier advocate for liberty in politics today.

Discussion

One comment for “Healthcare reform is economic malpractice”

  1. Healthcare Reform provides us with an Opportunity to Build Smart Infrastructure Services for this 21st Century.

    The Engine of Economic Growth in this 21st Century is “Broadband.” We can Used Stimulus Funding to Deploy Health Information Technology (HIT) Solutions, and Training, which can Increased Productivity (i, e, medical data mining/warehoousing, risks treatment, service dellivery), Efficiency (i, e, medical errors, redundant and inappropriate care), and have a Costs Savings of around 20-30% of our Annual National Healthcare Expenditures ($2.4 Trillions).

    we can start by, Deploying a pure Packet-based, All Optical/IP, Multi-Service National Transport Network Infrastructure, using Ethernet throughout this National “Network of Networks.” This type of Ivestment is like the Investments that were in the past in Electrification of Rural Areas, and the National Transportation Inter-Stae Highways, which Increased Productivity, and our GDP.

    The Investment in this Next Generation “Network of Networks”, will provide New Job Creation, Economic Recovery, as well as Serve as a Business Driver for: e-Healthcare, e-Commerce, e-Education, Energy Systems, Transportation Systems, Social Networking, Etnertainment, etc.

    Please See: http://www.gkquoquoi.blogspot.com for Summary Deployment Plan, for the Nationwide Health Information Network (NHIN).

    Gadema K. Quoquoi
    President & CEO
    COMPULINE INTERNATIONAL, INC.

    Posted by Gadema K. Quoquoi | November 12, 2009, 8:12 am

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