UPDATE: Welcome Canadian visitors from Blazing Cat Fur! Thanks for the link! I am going to tell you all straight – I have seen Canadian Football and it is twice as exciting as American Football. Please allow us to have CFL teams (again)!
Hilarious, and totally un-scripted, totally undercover!
How long must you wait for FREE HEALTH CARE in Canada?
The big lesson from Steven Crowder’s undercover look at the single-payer health-care system in Canada? “Don’t get sick on Sunday.” Actually, we can probably narrow that to, “Don’t get sick,” because Steven demonstrates that the only thing reliably covered in CanadaCare is the bill.
Some of my law firm’s clients and some executives in my broadcast audience are quietly preparing for the necessary analysis that will follow the passage of Obamacare by asking their personnel departments the obvious question: Will it make economic sense to discontinue health care coverage for my employees and instead push them into the government plan?
These employers –manufacturers, builders, entrepeneuers of all sorts– cannot yet get an answer to this question because they don’t have any specifics about costs from which they can make an informed decision.
But they all know they will have to “do the math” if the “government option/public plan” makes it into law. They cannot not do so for they owe shareholders and investors an objective assessment of what will improve their bottom lines.
If the “government option/public plan” costs $300 per employee per month and private sector insurance costs $350 per employee per month, the choice to push their workforce into the waiting arms of President Obama’s new bureaucracy will make itself.
Under Obamacare, your employer will decide whether you are on the private or public option – by dumping everyone that costs them too much. That’s Obama’s public option – it’s not your option.
For the past half-century, federal spending has averaged about 20 percent of GDP, federal taxes about 18 percent of GDP and the budget deficit 2 percent of GDP. The CBO’s projection for 2020 — which assumes the economy has returned to “full employment” — puts spending at 26 percent of GDP, taxes at a bit less than 19 percent of GDP and a deficit above 7 percent of GDP. Future spending and deficit figures continue to grow.
[T]he major causes of the budget blowout are well-known: an aging population and rapid increases in health spending. In 2000, Social Security, Medicare and Medicaid — the main programs providing income and health care for those 65 and over — totaled nearly 8 percent of GDP. In 2020, CBO projects that will reach almost 12 percent of GDP. But the deeper source of our predicament is a self-indulgent political culture that avoids a rigorous discussion of government’s role.
…Obama would make matters worse. He talks about controlling “entitlement” spending (mainly Social Security and Medicare) but hasn’t done so. He’s proposing just the opposite. His health-care proposal would increase federal spending. He says he will “pay for” the added outlays with tax increases or other spending cuts, but what people forget is that every penny of this “payment” could be used (and should be) to close the long-term deficit — not raise future spending and taxes.
WINTERY KNIGHT 