Obamacare, as Democrats and our major news media tell us, is a grand thing. Of all the promises the American people have been fed about the legislation there are few facts that can actually be confirmed. One of those facts, one not promoted by Obamacare supporters, is that employers are reducing employee hours. Rep. Nancy Pelosi praises the move as an opportunity for Americans to pursue their dreams. No need to worry about the reduced income for those Americans, since Rep. Pelosi clearly isn’t concerned about it.
But let’s take a closer look at this. With reduced work hours, employees no longer qualify as full time workers. So what benefits do part time workers qualify for? You guessed it – NOT health insurance. So we’re seeing the emergence of a situation where insurance is mandated by federal law and an increasing number of workers don’t qualify for employer-provided insurance. And that’s on top of the many businesses that are simply no longer offering health insurance. There is a vacuum forming.
There’s a funny thing about an economic vacuum in a free market – the market finds a way to fill it. The Obama administration is sure to remind us of government entangled insurance plans offered at great prices. And what should we expect from these plans? Will they be better than the crap phone, crap housing, crap education, and crap any-number-of-things the government is already “offering” the American people? Of course not. The government housing, food stamps, education, social security and more do not cause commercial housing, food, education or retirement plans totally out of business. The 401(k) is a much better plan than a Social Security check. Private methods of schooling are becoming increasingly popular (and MUCH better forms of education). I don’t think the Obamaphone is going to cut deeply into the iPhone’s market share, do you? Restaurants go out of business all the time, but is that because of food stamps? Of course not!
The health care markets created by Obamacare won’t be any better than the quality of care available before Obamacare, and will undoubtedly follow the same pattern of low quality we’ve already come to expect from the government. The free market offers better alternatives to the crap provided to us by the government. And so it will be with health care. When Obamacare takes over it will leave a vacuum, an obvious need ready to be filled by the free market. And there will be plenty of market since so many workers will no longer be trapped into their employer provided health insurance. People will have no other choice but to shop around for themselves. Then the magic of competition will do the job it has been prevented from doing for years.
Obamacare just might accidentally create the free market health care system we’ve been aching for for decades.
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