What’s Obama Leaving Out of His Prescription for America?
Posted July 27th, 2009 at 5.35pm in Health Care.
Ever heard of the phrase “no such thing as a free lunch”? If you’ve taken Economics 101, you likely have. But evidently, this falls on deaf ears in the Obama administration. Six months after taking office, the President vows that his “reform” will insure the uninsured and rein in health spending. What he covers up in his flowery rhetoric, however, is how he intends to control these costs and eliminate waste.
Writing today in the Washington Post, columnist Robert J. Samuelson says, “his ‘reform’ isn’t likely to compel needed changes, partly because it’s not clear what will work.” Samuelson continues:
Judged objectively, “reform” may do exactly the opposite of what Obama says. But because the president is so well-spoken, he has the ability to make misleading statements sound reasonable or sophisticated. Still, they’re misleading.
In a recent dialogue at a congressional hearing, Douglas Elmendorf, head of the independent, non-partisan Congressional Budget Office (CBO) said, “in the legislation that has been reported, we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount. And on the contrary, the legislation significantly expands the federal responsibility for health care costs. … The (cost) curve is being raised.”
The administration is not going to get something for nothing, argues Samuelson. “It could emphasize expanded insurance coverage (‘access’) or cost control, but not both,” he concludes.

July 27, 2009 Voice of Reason writes:
Love how the GOP masters of deception use the CBO’s analyses as the final word when the GOP dismissed CBO analysis back in the 1990’s. CBO admits that it cannot use the projected revenues in their study as well as the current two thirds that can used to pay for health care.
This is too important to fall prey to fear mongering and conspiracy theories that are particularly noted on many Fox cable news programs as well as on shock jock conservative radio shows. All should realize that the giant Health Care Industry in American has increased spending with more paid lobbyist on both sides - GOP and Dems alike to stop health care reform in America. . Wonder why, The US Health Care 800 billion dollar a year industry is shelling out 1.5 million dollars a day with anti reform commercials. The record earnings of these US Health Insurance companies with one company posting a whopping 155% increased profit over last year at this time is astounding, but still, seeking more profits by raising premiums.
Note three video clips from the PPS’s Bill Moyers Journal in depth news regarding US Health Care industry. Second clip is an interview with Health Care Insurance executive, Wendell Potter with the truth behind insurance in America.