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De Omnibus Dubitandum - Lux Veritas

Wednesday, November 6, 2013

Sowell: An old ‘new’ program

By Thomas Sowell Tuesday, November 5, 2013 Longview News-Journal
Like so many things that seem new, Obamacare is in many ways old wine in new bottles.   For example, when confronted with the fact that millions of Americans stand to lose their existing medical insurance, defenders of Obamacare say this is true only when those people have “substandard” insurance.  Who decides what is “substandard?” What is older than the idea some exalted elite knows what is good for us better than we know ourselves?  President Barack Obama uses the rhetoric of going “forward,” but he is in fact going backward to an age when despots told everybody what they had better do and better not do.  Obamacare is old in yet another way. One of the fundamental reasons private medical insurance has gotten so expensive is that politicians in state after state have mandated what this insurance must cover, regardless what individuals want.
Insurance covering everything from baldness treatments to sex-change operations is a lot more expensive than insurance covering only major illnesses that can drain your life’s savings. Now these mandates have moved up from the state to the federal level…..To Read More…..
 

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