AUSTRIAN ECONOMICS ADDICT

Observation  (Photo credit: mooglet)

– How can William P.White the D.C. insurance commissioner get fired by the D.C. Mayor for telling the truth about Obamacare, while everyone who lied about Obamacare gets to keep their job.

– Politicians never cease to amaze me. John McCain called Ted Cruz attempt to repeal or defund Obamacare, “not rational”, and to attempt it during the Gov. shutdown was considered “a fool’s errand”. Six weeks later in an appearence on the Greta Van Susteren show McCain said Obamacare should be repealed. Most politicians live in a zero sum moment that they think can never change. McCain was acting on the polls at the time of Cruzes filibuster, while Cruz was trying to educate people about the problems concerning Obamacare, in an attempt to move public opinion toward repeal. Cruz succeeded with the help of the predictable debacle that the Obamacare roll out has become.When public opinion shifted, McCain found himself in a “new” zero sum moment. Seeing the parade of public opinion coming down the street, he grabbed the conductor’s baton and jumped in front of it in an attempt to look as if he was leading it. This is the reality of politics and politicians, and why I lothe it and them.

– The free market, not Government regulation, has allowed the production of the highest quality and quantity of healthcare possible. Over the years, Government intervention has worked to slow the progress of healthcare while driving up the cost, at the same time that new technological discoveries have worked to advance healthcare, and make it less expensive. We have no idea how advanced and less expensive healthcare would be if the free market would have been allowed to work unimpeded by Government regulations.

– Obamacare is the attempt by central planners to move healthcare toward a single payer system, aka socialized medicine. These central planners simply don’t like the results produced by individuals making voluntary decisions in a free market. They think their superior wisdom can produce better healthcare at an “affordable” price. Unfortunately for the planners Obamacare increases demand for healthcare, while at the same time constraining the supply of healthcare, which will result in less healthcare at higher prices. Their superior wisdom can’t veto the economic law of supply and demand.

– Politicians and bureaucrats can mandate that healthcare be provided to everyone, but if there is nobody to provide healthcare, what good is the mandate. They are promising you access to something that they don’t produce. Individuals produce healthcare, and if an individual decides the payment for his production isn’t enough, he will produce some other good or service for a payment he thinks is enough.

– How can the President, seemingly every week, get away with making executive orders that change Obamacare, which is the law of the land? Is it because the opposition party is pusillanimous. Tyrants become more bold when their power grabs are not challenged.

– Let’s see if I have this right. 1) Obamacare mandated that everyone purchase health insurance, even if they don’t want it. 2) If they already had a voluntary contract with an insurance provider, the Government arbitrarily nullified the mutually agreed upon contract, because it didn’t meet Obamacare’s arbitrary standards. 3) The President then decided that insurance companies reinstate the insurance plans that Obamacare mandates outlawed. 4) The insurance companies have said they can’t or won’t reinstate the policies that were outlawed under Obamacare. I guess being King is a lot easier in theory than it is in reality.

– Experts from Google and Oracle have been brought in as part of the “tech surge” to fix the problems with the healthcare.gov website. Why didn’t the “all-knowing” Government bureaucrats let these experts set up the website in the first place?

– The books Atlas Shrugged, Animal Farm, and 1984 were categorized as works of fiction when each was published. If they were published today they would be categorized as history books.

I got these cartoons from the burningplatform.com.

This entry was posted on December 3, 2013 at 4:19 am and is filed under Observations From The Margin. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Animal Farm, Atlas Shrugged, Central Planning, Healthcare.gov Website, John McCain, Obamacare, Socialized Medicine, Ted Cruz