Ouch! WSJ Calls PelosiCare the Worst Bill Ever

November 2, 2009
By 1 comment

The PelosiCare bill unveiled last week is wretched. The Wall Street Journal agrees. The cost of health insurance will skyrocket. While health insurance companies will continue to exist, they’ll be more like Fannie Mae and Freddie Mac than private enterprises. We all know how that turned out.

All of this is intentional, even if it isn’t explicitly acknowledged. The overriding liberal ambition is to finish the work began decades ago as the Great Society of converting health care into a government responsibility. Mr. Obama’s own Medicare actuaries estimate that the federal share of U.S. health dollars will quickly climb beyond 60% from 46% today. One reason Mrs. Pelosi has fought so ferociously against her own Blue Dog colleagues to include at least a scaled-back “public option” entitlement program is so that the architecture is in place for future Congresses to expand this share even further.

As Congress’s balance sheet drowns in trillions of dollars in new obligations, the political system will have no choice but to start making cost-minded decisions about which treatments patients are allowed to receive. Democrats can’t regulate their way out of the reality that we live in a world of finite resources and infinite wants. Once health care is nationalized, or mostly nationalized, medical rationing is inevitable—especially for the innovative high-cost technologies and drugs that are the future of medicine.

Mr. Obama rode into office on a wave of “change,” but we doubt most voters realized that the change Democrats had in mind was making health care even more expensive and rigid than the status quo. Critics will say we are exaggerating, but we believe it is no stretch to say that Mrs. Pelosi’s handiwork ranks with the Smoot-Hawley tariff and FDR’s National Industrial Recovery Act as among the worst bills Congress has ever seriously contemplated.

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One Response to Ouch! WSJ Calls PelosiCare the Worst Bill Ever

  1. Angrywhiteman on November 2, 2009 at 7:39 am

    Yes indeed, and now the idiot GOP has decided in it’s infinite wisdom that we really do need government run health care. Never mind that we have been telling them to STAY THE HELL OUT OF OUR FACES, here they go with their own version of “Bend over, I got something for ya”

    GOP Set to Propose Its Own Health Bill

    http://www.foxnews.com/politics/2009/11/02/gop-set-propose-health/

    Like or Dislike: Thumb up 0 Thumb down 0

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