Just doing the math, if Obama was to stand by his no tax pledge to the middle class, than his 1.6 trillion dollar healthcare plan would require a monthly tax of $2,965 per month on households making $250,000 per year and more. This, to use Obama’s term, is unsustainable.
One ought to consider first the financial crisis of last year. In the financial industry, unlike the healthcare industry, there is an abundance of detailed, historical transaction data. The financial industry led in the development and use of highly sophisticated computer systems that allows individuals to make cash withdrawals from nearly any ATM you can find, anywhere in the world. Healthcare is likely decades away from that level of ubiquity of healthcare information.
So ask yourself this, if the government was unable to foresee the financial crisis despite its access to such detailed information, how is that same government going to do better in taking over an industry where such detail is not even available? This isn’t hope, this is the government behaving stupidly.
Thomas A. Coss, RN
