Health Care: What It Means and What We Should Do About It

This is a note I posted on Facebook earlier today. I figured I’d go ahead and post it here as well. 

No doubt, most of you have heard the news. The Healthcare Bill that we have spent many months (years?) attacking, finally passed the Congress, and will be sent to the President’s desk to sign into law. I would like to withdraw from the political mudslinging fest for a moment and deal with some of the hard core principles discussed around this issue. 

First, I’ll deal with what most of the Democratic pundits and politicians have said. The purpose and intent of this bill is as follows:  It will provide healthcare for those who can’t afford it, it will “apply competitive forces” into the free market forcing firms to drive their prices down, and lastly, it will not raise our deficits as much of the funds for it will be derived from the already existing Medicare and social security programs. 

The first charge offered in this bill is more than likely true. People who can’t afford healthcare probably will be provided SOMETHING. Indeed, they’ll be provided the same sort of something that we are provided by the postal service. That is, in order to increase the quantity of health care provided, they will have to invariably decrease the quality of the service that is provided. Because there are no price incentives for the provision of a superior product, the service will not be comparable to any private healthcare company.

Further, because of the lack of incentive, there will be no medical advances technologically, because those are only created in a competitive environment. Further, the speed of the service will inevitably increase the more and more people sign up for this program, because there will be no price rationing occurring. So, while the charge that they will provide service for all who can’t afford it may be true, the chances of them providing a service that can be compared to the services offered by the free market are next to zero. 

The second charge offered in this bill is the idea that it will provide competition against private firms. So, to break down the logic of this statement think of it as follows. The government, funded by the taxes from the American people, is going to use those funds to create a healthcare provider, that will then compete with privately owned and operated businesses and force them to lower their rates.

So, in other words, a firm is being created that does not have to be profitable in order to succeed to compete against firms who DO have to be profitable to succeed. What happens when this occurs? Smaller firms go under, while the larger firms simply cater their services to higher classes of individuals with higher prices, thus ensuring that the middle class will either have to pay lots of money or use the public “option.” 

The third and final charge of this Healthcare bill is that it will not raise the deficit, and will not require a huge increase in taxes. This is laughable at best. Just look at Social Security, Medicare, the Department of Energy, the Department of Homeland Security, or any major government program. I guarantee you that there will be an unacceptably large discrepancy between their original cost estimates and what we actually ended up paying for it. 

Now, there needs to be some minor correction. This IS NOT the end of the American Union. This is not the final nail on our Republic’s coffin. This is not the end of the world, and this is most certainly not the end of freedom. Ladies and gentlemen, this is the beginning of the Revolution. It has been estimated that over 60% of the American people opposed this particular bill for one reason or another. Congress has a record low approval rating and even the man who once pulled such high approval ratings, is struggling to captivate the people. The message of liberty is more popular now than it has been for the past 100 years. People are waking up. It’s not the end. It’s the beginning. 

So, what do we do? Where do we go from here? The answer is simple. The answer is the Liberty movement. Often associated with the Tea Party movement, the Liberty movement calls our country back to its foundational principles. If we can fight to elect individuals who care about our rights, we can take this country back. The following sites are places you can go to get educated and get involved in our fight for liberty. I recommend you look at each and look on your campuses or in your towns to find other ways to get informed and involved. 

For Liberty, 
Drew 

www.mises.org
www.yaliberty.org
www.campaignforliberty.org
www.lewrockwell.com 
www.judgenap.com

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