[quote=FlyerInHi]We are spending more as share of national wealth than older healthier societies. Something is screwed up. Something needed to be done.
Everything is a process, not a be-all-end-all solution. ObamaCare is the beginning of reform.
I think a lot of the visceral opposition is emotional rather than rational.
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I think emotion rather than rational thinking gave us ObamaCare. The first question to ask would have been why do we spend more as a share of national wealth than the rest of the world. Is it because we subsidize the rest of the world with R&D spending on medical research? Is it because we support small rural emergency rooms that are under utilized? Is it because of illegal immigrants using up resources? Is it because we’re a nation that insists that we’re all entitled to the best care regardless of cost and we don’t want to wait for said care.
I will agree that other nations do spend less on medical care for a variety of reasons, but I will argue that the solution isn’t pumping another couple hundred billion into the medical insurance industry. I’m willing to bet that after ObamaCare goes into effect at less half of the total premiums collected as will be an increase to the total medical spending in this nation. The reason is fairly simple. The new money that is collected is going to go somewhere and likely be counted as medical spending.
