Tuesday, March 23, 2010

The Coercive Dependency Agenda

A must-read George Will column on what Obamacare does: It doesn't fix the healthcare system but it is a big win for the Democrats "dependency agenda."
On Sunday, as will happen every day for two decades, another 10,000 baby boomers became eligible for Social Security and Medicare. And Congress moved closer to piling a huge new middle-class entitlement onto the rickety structure of America's Ponzi welfare state. Congress has a one-word response to the demographic deluge and the scores of trillions of dollars of unfunded liabilities: "More."

There will be subsidized health insurance for families of four earning up to $88,200 a year, a ceiling certain to be raised, repeatedly. The accounting legerdemain spun to make this seem affordable -- e.g., cuts (to Medicare) and taxes (on high-value insurance plans) that will never happen-- is Enronesque.
Read the whole thing.

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