Monday, June 29, 2009

Obama's Monumental Ignorance/Arrogance

Obama proposes to reduce health care costs like providing a government-owned alternative to private insurance and -- get this-- by taxing employers more when they give health care benefits to their employees. of course, he also proposes to penalize employers who fail to give health care benefits to their employees.

In other words, he wants to punish people for being employers.

he also wants to add government-provided health care to the "marketplace" to provide competition to bring down costs of health care. Only a Marxist could believe that adding a government agency to the marketplace would promote competition. Obama's plan and his pubic statements demonstrate a profound ignorance of economics. Speaking as a graduate in economics myself, I know that economics operates according to immutable laws of human nature. The government cannot change those laws. Economics operates around the government's various laws, frequently with unintended consequences of government tinkering. The Soviet Union found that out with its massive black markets.

Pundits are kind to Mr. Rove, when they refer to his economic policies as "Keynesian." Unfortunately, Mr. Obama's economic policies are not that good. They're more like middle school Marxist.

I fear for my country, as I fear my new government.

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