The cost of not enacting health care reform »
Posted By ameliog 1 week, 6 days ago in Business & FinanceMuch of the health care debate is focused on whether the country can afford the $850 billion the Congressional Budget Office estimates it will cost. The debate centers on whether the bundle of new taxes, credits, efficiencies, and Medicare spending cuts will be sufficient to offset the new spending so as to deliver health care reform without, in President Obama’s words, “adding a dime to the federal deficit."
This debate misses the point. It assumes that doing nothing will cost nothing. It turns out that not expanding health insurance is a pretty costly option, because uninsured people impose big financial and economic costs that are not properly appreciated.
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ameliog
How many legs does a dog have if you call the tail a leg? Four; calling a tail a leg doesn't make it a ...
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jimce331 week, 5 days ago
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This may be true, but I think the overall cost will be much more the 800 billion they are estimating. In addition, once we have universal health care, there is no going back.
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In an economy that's getting worse by the day, I don't think we need more taxes. We need less, so businesses have an incentive to stay and employ more people.
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