Health Care Costs and Obama’s Hasty Fire Extinguisher
By Pat Racimora on July 25, 2009 at 8:01 PM in Current Affairs
I watched Obama’s press conference sober, but my head started spinning about 5 minutes in. I then subjected myself to scanning the 1,000 plus pages of the laborious and mostly incomprehensible House version. Two hours down the drain.
I have mighty serious questions to which I want good answers (if there are any). Here are just three.
At the very least, this plan needs to be fully understandable, and that includes both its short and long term impacts. Of course Americans will have to sacrifice in order to insure everyone, and we want a clear statement as to what that cost will be. Obama used “code” —such as “You won’t get anything that won’t make you healthier.” I am pretty sure that means that if you are really sick you get morphine. Period. But much of the time doctors are unsure of what might work and what won’t. Medicine is far from an exact science, and our individual bodies respond differently. We are not Borg (yet).
And what, exactly, is the definition of “heathier”? This is especially critical to know because if your problem does not meet that unstated criteria, you are apparently on your own. Does healthier mean a little improvement? Some improvement? A total cure? (Pharmaceutical companies put most of their resources into symptom relief products, not cures. There’s no money in curing people.)
And, really now, where exactly is the money to pay for all of this going to come from? Yes, I heard Obama’s favorite answer. Folks earning over one million dollars a year will make up the needed funds. But, you know what? There aren’t that many of them!
We have an estimated 2 to 3 million people with financial portfolios worth a million or more dollars (this excludes the value of personal residences, consumables, collectibles, and consumer items such as furniture), but these people are not necessarily earning a million dollars every year.
I tried to find how many people actually earn a million dollars a year, but ran up against walls. The census bureau tops out its reporting at $250 thousand or more, and an estimated 98% of our people make less than that. And I feel confident in asserting that most of those with an annual income of $250,000 a year or more make less than a million. I would like to know the number of those mil-a-year people who are going to do the heavy lifting for Obama’s health care plan.
So, I draw ‘em as I see ‘em. A raging fire of runaway health care expenses to be sure. But, I have yet to see anything other than a leaky bucket filled up too fast as the proposed extinguisher.













