capitalism

The Senate democrat's group of 10 came up with a health care compromise today behind closed doors to remove the public option from their bill that they may vote on sometime soon. The longer that they wait, the better in my opinion, because that lessens the chance that these supposed health care reform bills will get passed. Not only will these bills not hold down costs in 10 years (it is hard enough to forecast a year from now, much less 10 years!) but it will also not fully insure everyone who does not have insurance, even as we will pay close to $1 trillion. Several studies done in the past have shown that for every dollar that we are taxed and allocated for various programs, only about $.45 or less actually goes to that program after paying for the various levels of bureaucracy and inefficiencies. This bill will also not help to increase competition to truly decrease costs in the short run and the long run. Have we truly become that much of a microwave society that we do not take into account opportunity costs and find optimal solutions that will be both marginally beneficial in the long run and short run? I sure hope that we have not, and I believe that Congress is getting that message quickly from the American people. Now the question will be, will they listen?? "Obamanomics has failed and failed miserably," said Rep. JebHensarling (R., Texas).