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Thursday, February 14, 2008
In the News on February 14, 2008
By Eric Livingston :: 2 Comments :: Email to a friend
 

A Washington Times editorial outlines concerns regarding Senator Clinton's health care proposals.  The Times argues that Americans shouldn't be forced to buy a service they may not want and might not be able to afford.  Clinton's plan relies heavily on mandates and penalties to achieve her goal of universal coverage.

Yet despite her reassuring rhetoric, the specifics of her proposal are less consoling. Mrs. Clinton's plan still uses the heavy hand of government to mandate that individuals have health insurance. Her near-religious zeal to force universal coverage strikes some as odd. Even her chief rival, Sen. Barack Obama of Illinois, opposes the idea. His concerns center primarily on the costs. He argues that even with subsidies, many will not have the means to purchase insurance. (Mr. Obama's plan only mandates insurance coverage for children.)

Why compel someone to buy something he or she can't afford? Undeterred, however, the New York senator rarely gives a speech without promising to make sure every man, woman and child in America has insurance — whether they want it or not. ...

...Improving American health care is a salient bread-and-butter election issue this year. Many polls show it ranking as the first or second most important domestic-policy concern. But health care improvements can come in many forms, including reducing spiraling costs, improving quality and convenience, emphasizing the importance of preventative care and continuing the development of life-saving medicines. Compelling everyone to buy a product, whether he wants it or not — and slapping financial penalties on those who don't — sounds more like a mandate for defeat than a promise of political success.

Even The New York Times has acknowledged the progress made this week by the Iraqi parliament.  The praise, albeit tepid (but the best we can expect from The Times), is due to the parliament passing three laws yesterday considered essential to the political reconciliation of the country.

We are, of course, cheered by the news that representatives from Iraq’s three main ethnic groups — Shiite, Sunni and Kurd — finally saw some benefit in compromise.

The Kurds’ largely autonomous regional government got what it wanted — a 17 percent share of the 2008 budget. The Sunnis will be the main beneficiaries of the amnesty law since 80 percent of the detainees in Iraqi jails are Sunnis.

The third law will transfer more power to Iraq’s ethnically dominated provincial governments — something all groups say they want. There are already questions about whether the provincial governments will be ready to hold elections in October. The United States and its allies will have to move quickly to provide both funding and technical help.

Arnold Kling in the Wall Street Journal writes an op-ed regarding what could change in a liberal presidency, and how that change could come about.  Kling argues that the revenue situation will essentially remain static, so the only way to truly make change will be through mandates, rules, and regulations on the free market.

At the other end of the spectrum, we can expect to see a raft of new requirements placed on businesses requiring them to offer employees subsidized day care, longer vacations, higher minimum wages, and so forth. This will lead to significant increases in unemployment, with poverty and inequality rising rather than falling. This will in turn lead to further regulation and stronger attempts by government to control compensation in the private sector.

Many Americans will welcome the regulatory state. Many others will accommodate it. Only a minority of us will oppose it. Somewhere down the road, as people see the indignity of the many intrusions and the adversity of the consequences, I hope that there will be a backlash. Otherwise, if the era of mandates emerges as I fear it will, then the engine of capitalism in America may run out of the fuel of competition.

America was founded on the principle of a free-market economy and consumer choice, and our most prosperous economic eras have been with this capitalist spirit was allowed to flourish.  Any change in Washington should be focused at giving American consumers more economic freedom - not less.

Comments
By Wm. D. Hodges @ Saturday, February 16, 2008 9:16 PM
In regard to the healthcare topic, I find it slightly amusing whenever an "alleged" self-proclaimed military veteran attempts to fault any particular presidential administration for domestic policies rather than the U.S. Senate, whereas responsibility squarely rests. Any REAL military veteran, having successfully completed boot camp and armed with the minimum of a high school education, should be aware of the fallacy in logic by erroneously blaming a presidential administration for such issues.
Regarding their rant over foreign policy, I strongly suggest they further learn basic civics and the procedures/responsibilities of the U.S. Congress.
The U.S. is a represented Republic. The U.S. is NOT a totalitarian form of government, as the individual seems to be led into believing. The presidential office is NOT a dictatorship, nor is the U.S. represented by a royal figurehead.
Regardless, one should never expect anything more than limited knowledge in such matters from a person who displays abundant illiteracy and difficulty forming proper or coherent sentences when their only argument for a presidential impeachment is in belittling someone for "allegedly" mispronouncing the word "nuclear". Then again, fools will always prove themselves to be fools by behaving in such a manner.
It is better that we return to focusing on the actual subject matter, rather than allowing a hyperbolic veteran "wannabe" to rant and derail the topic issues.

First, universal healthcare would devastatingly undermine the nation's domestic economic infrastructure by drastically raising taxes on everyone, YES, EVERYONE. It would bloat the Social Security Administration and lower the standard of healthcare by offering nothing more than an overly expensive bureaucratic form of a mandated HMO system. Individuals needing immediate care under a universal healthcare system would find themselves wait-listed whilst those inflicted with expensive or terminal ailments would receive little or no care at all due to medical procedural expense.
If a REAL military veteran wants to experience first hand the ineffectiveness of socialized medicine, it IS available, they need go no further than to seek medical care from their local VA hospital. Hence, any REAL military veteran would not desire the private sector be mandated to the same substandard. As a REAL veteran, I can speak from experience.
Universal healthcare has proved itself to be a huge failure and burden on the taxpayers in Europe as well as those in Canada. Go to hospitals along any Canadian bordering state and you will find Canadians receiving healthcare, paying U.S. doctors/hospitals out of their pockets. Why, the reason they will give, is because the U.S. has far SUPERIOR medical care than Canada can offer. The only benefit Canadian socialized medicine has ever truly offered is inexpensive and "free" drug prescriptions, UNLESS you add up what an individual Canadian pays in taxes for such a "privilege". It then becomes clear that it is obviously a very expensive mandated investment in the form of taxes with no return in quality of care.
Besides, U.S. citizens and foreign nationals within U.S. borders (legally visiting or not) already have access to "free" medical care, compliments of the U.S. taxpayers, under the auspice of indigent care, Medicare, and Medicaid.
The individuals who fail to comprehend this reality or prove to be too slothful to learn these facts, fall victim to political opportunists, such as Hillary Clinton, preying on their ignorance.

Second, I oppose the war in Iraq (even though I am a veteran), believing the U.S. should NOT have allowed the United Nations to become involved with the matter in '91. Much less should the U.S. have allowed the 101st Congress to withdraw forces with a cease-fire resolution rather than actually winning the war. Obviously, this political travesty forced the U.S. to return to war in Iraq a decade later due to continually breached resolutions, political ineptitude, incompetence (by the 101st-106th Congresses and 41st & 42nd presidential administrations), and gross corruption by the United Nations.
However, the good news regarding Iraq is always welcomed. I look forward to when they can actually run their own country without demanding the United States to do all the work for them. Iraq has had more than ample time and training provided to them that they should be capable of handling the job on their own.

Third, given this election cycle's political candidates to vote for, no matter which party takes the Whitehouse, Americans should prepare for a dim outcome...at least for the last three of the next four years termed.
I suspect the next administration will influence the increase of the U.S. Dollar value on the world trade market, resulting in undermining domestic economics. An increased U.S. Dollar value will create unemployment and decrease domestic production, manufacturing, and exports by limiting foreign purchasing power over U.S. goods and services. Such a position is only beneficial to large international corporations (possessing foreign manufacturing and labor forces), destroying the smaller domestic companies employing most of the U.S. labor force.
I also suspect the next administration to influence the Federal Reserve to increase interest rates, triggering a recession and generating less tax revenue, which validates the need for increased and new taxes. This will further empower the federal government, diminishing the Middle Class and widening the gap between those who live below the poverty line and those who are within the top fifteen percent of income earners. Eventually, this will cause the need for the Federal Reserve to print more currency, putting the nation much deeper in debt.
The scenario may not turn out to be as devastating as the economic woes of the Carter Administration's policies during the second half of the '70's, but the strain will likely be felt on all socio-economic levels.




By keeemosabe @ Tuesday, February 19, 2008 11:25 AM
>>>>>>>Otherwise, if the era of mandates emerges as I fear it will, then the engine of capitalism in America may run out of the fuel of competition<<<<<<<
There could be worse than gov't mandates. You could go back to the good old days of the robber barons, which would be great i suppose if you can get that kind of work. Or without regulation, you can see what happens in Mexico, where US companies enforce their own private mandates, like " No pregnancy allowed" where a woman is fired if she gets pregnant, and as the female workers enter the factory each day thay are handed a birth control pill to take as a condition of employment each day. I wonder if you would recommend a gov't mandate against such enlighted behaviors? Or would that infringe on your revered corporate rights?

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