End of America

Ron Paul: This misunderstanding is responsible for the Obamacare boondoggle

end-of-america
From Ron Paul:
 
The ever-expanding role of government in healthcare provides an excellent example of Ludwig Von Mises' warning that "The Middle of the Road Leads to Socialism."
 
Beginning in the 1940s, government policies distorted the health care market, causing prices to rise and denying many Americans access to quality care.
 
Congress reacted to the problems caused by their prior interventions with new interventions, such as the HMO Act, ERISA, EMTLA, and various federal entitlement programs.
 
Each new federal intervention not only failed to fix the problems it was supposedly created to solve, it created new problems, leading to calls for even more new federal interventions.
 
This process culminated in 2010, when Congress passed Obamacare.
 
Contrary to the claims of some of its opponents, Obamacare is not socialized medicine. It is corporatized medicine. After all, the central feature of Obamacare is the mandate that all Americans buy health insurance from private health insurance companies.
 
And, as with previous government interventions in the marketplace, Obamacare is not only failing to correct the problems caused by prior federal laws, it is creating new problems.
 
Consider the almost weekly stories about how Obamacare is causing health insurance premiums to rise, causing employees to lay off workers or reduce their workers' hours, and causing doctors to leave the profession. Also, consider the problems the administration is already having administering the federal exchanges and other parts of the health care law.
 
I fully expect the implosion of Obamacare to continue, and the supporters of nationalized health care to...
 
 
More on Obamacare:
 
 
 
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