Adding this new, monumental pressure could very well be the straw that will break the dollarís back.
As Washington continues debating healthcare reform the rest of the
country is primarily concerned about jobs and the economy.† It is still
uncertain what policies will be implemented, but I am certain about one
thing:† It will only further devastate our economy and our dollar. The leadership has come up with a proposal they are confident
will be what they consider fiscally responsible, only to have it scored
as nearly twice as expensive by the nonpartisan Congressional Budget
Office.† Estimates of past healthcare spending programs have been off
by as much as 100 percent so there is no telling what the actual cost
will be.The past century should have taught us one thing: that government
intervention is expensive.† Government programs lend themselves so
easily to waste, fraud and abuse.† Combine that with overall
inefficiency and it all adds up to a hefty price tag for the taxpayer,
with not much leftover for actual services.† An outright takeover of an
entire sector of the economy, especially one as important as
healthcare, is something that we just cannot afford for the government
to do right now.
Not to mention the fact that it is completely unconstitutional. But
Washington insists on torturing the numbers and tinkering around the
edges rather than facing this truth.
If healthcare reform does indeed pass, we should not be under the
illusion that it will be free.† The money to pay for it will have to
come from somewhere.† They say they will get the money from cutting
waste, fraud and abuse, but all of that is seemingly intrinsic to
government programs.†† Since they want to expand the governmentís reach
we have to assume we will be trading waste, fraud and abuse for waste,
fraud and abuse with a bigger budget.† The powers that be have insisted
the money wonít come from higher taxes, it wonít come from rationing of
care, and it wonít come from higher premiums.† This can only then put
more pressure on the Fed to print the money out of thin air. We already
have a weakening dollar.† They are accelerating everything that
weakened it in the past.† Adding this new, monumental pressure could
very well be the straw that will break the dollarís back.
Foreign creditors are already nervous about continuing to invest
in the US because of our skyrocketing debt. The explosion of debt that
is certain to accompany the enactment of this national health care bill
can only add to that nervousness.†
Ironically, enactment of the health care bill could help the cause
of liberty by hastening the day when Congress is forced by economic
circumstances to stop increasing the welfare-warfare state and return
to the Constitution.
There are many problems with our current healthcare system, to be
sure.† There are many tragic stories to be told.† However, we need to
look at the root of our problems in order to address them properly.†
More government intervention and bureaucracy injected into healthcare
will take a flawed system and make immeasurably worse.
Pelosi's hand grenade
Obamacare bribes:who they are