Monday, March 25, 2013

Unhappy Birthday for Obamacare

John Fund  "Skyrocketing insurance premiums, a slowdown in medical innovation, longer waiting times for appointments. Obviously, Obamacare isn’t solely to blame for the long-standing problems with American health care. But it clearly isn’t making matters better. Last week, 33 of the Senate’s 53 Democrats voted to repeal Obamacare’s 2.3 percent tax on medical-device makers, a levy that Senator Al Franken (D., Minn.) complained was hurting U.S. medicine: “The industry is being punished for its innovation and growth.”
"If the only people being punished by Obamacare were medical-device manufacturers, we’d be lucky. The truth is, the biggest victims of Obamacare are the vast majority of the American people, and polls show that more and more of them are recognizing that unpleasant reality."

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