Obamacare Will Bankrupt the U.S.

Friday, February 19, 2016
By Paul Martin

This is a complete socialist takeover. By accident or design? We report, you decide

By Cliff Kincaid
CanadaFreePress.com
February 19, 2016

One topic of conversation in the Republican race for the White House has been whether President Obama has been incompetent, or actually knows what he’s doing. On the matter of Obama’s Patient Protection and Affordable Care Act, commonly known as the Affordable Care Act (ACA) and Obamacare, self-declared socialist Professor Gerald Friedman seems to agree with conservatives that it can’t and won’t work. Friedman, a supporter of Senator Bernie Sanders’ (I-VT) “Medicare for All” single-payer plan, says that Obama and his advisers knew that the ACA was a “bad idea” that would not control costs, and that a total federal takeover of the health care system was inevitable.

The problem with a federal takeover of health care is that it would bankrupt the U.S., leading to left-wing demands for even more federal control. This is how socialism is coming to America.

More than two years ago, in an article entitled, “A Century and Counting: The Campaign for National Health Insurance,” Friedman wrote, “After a century of struggle, the ACA commits the United States to providing universal access to health care. This is a great achievement, one to be treasured and nurtured. Now the real fight begins, to turn this commitment into a reality that the ACA itself cannot produce. Barack Obama was right the first time: only a single-payer program can provide universal coverage, and only a single-payer program can control costs. The ACA may be the last bad idea that Americans try; after it fails, we will finally do the right thing: single-payer health insurance.”

A “single-payer” plan means the federal government would abolish the private health insurance market and eliminate private health insurance companies. “Private plans divert health care spending into channels that do nothing to actually deliver health care, such as advertising and profit,” argues Friedman.

Speaking to the Illinois AFL-CIO on June 30, 2003, Obama said, “I happen to be a proponent of a single payer universal health care program. I see no reason why the United States of America, the wealthiest country in the history of the world, spending 14 percent of its Gross National Product on health care, cannot provide basic health insurance to everybody. And that’s what Jim is talking about when he says everybody in, nobody out. A single payer health care plan, a universal health care plan. And that’s what I’d like to see. But as all of you know, we may not get there immediately. Because first we have to take back the White House, we have to take back the Senate, and we have to take back the House.”

The Rest…HERE

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