ObamaCare and American Decline: Difference between revisions

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Latest revision as of 23:01, September 18, 2014

This is an opinion item.

Author(s) Holman Jenkins
Source The Wall Street Journal
Date September 16, 2014
URL http://online.wsj.com/articles/holman-jenkins-obamacare-and-american-decline-1410911608
Quote
Quotes-start.png The non-surprise revealed here is that ObamaCare turns out to be just another subsidy program, throwing money at health care. In economics, you can't subsidize everybody but we're trying: 50 million Americans get help from Medicare, 65 million from Medicaid, nine million from the Department of Veterans Affairs, seven million (and counting) from ObamaCare, and a whopping 149 million from the giant tax handout for employer-provided health insurance. Much of this money (which will total about $1.3 trillion in 2014) is shoveled out regardless of need, driving up prices and spurring production of services of dubious value. Quotes-end.png


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This item argues for the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.