Monday, January 17, 2011

The Obamacare Fallacy

American people are torn between the reality they know and the hope of change that promises a fairytale world. In the real world nothing is free. In the world of maidens being rescued from fire breathing dragons by princes with universal healthcare, there just might be.

All insurance programs depend on one thing; the number of people paying into the system is greater than those drawing on its resources. It is based on simple math that anyone should be able figure out, even though our schools are not doing too well with teaching math. The only way Obama’s healthcare program has any hope of working at all is if ever person pays into the system from birth. The way it is now the healthy ones can opt out of the system by paying a minor penalty. The result cannot be anything else but bankruptcy. Deposits of one dollar and withdraws $100.00 will result in a negative balance or subsidizing the account with taxpayer’s money; you know, redistribution of assets and that is not sustainable for long.

Since our courts have ruled demands for mandatory participation is unconstitutional and without it the program cannot work, this bill has to be repealed now and a new start for an improved system allowing cross state participation and competition, reformed tort system, and improved record keeping and communication.

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