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George F. Will - Liberal Policies Paving Way for Higher Taxes - washingtonpost.com
But before embarking on Stimulus III, note that only about 10 percent of Stimulus II has yet been injected into the economy. This is not the administration's fault, the administration's defenders say, because government is cumbersome, sluggish and inefficient. But this sunburst of insight comes as the administration toils to enlarge governmental control of health care, energy, finance, education, etc. The administration guesses that these government projects will do better than the Postal Service (its second-quarter loss, $1.9 billion, was 68 percent of its losses for all of 2008) and the government's railroad (Amtrak has had 38 money-losing years, and this year's losses are on pace to set a record).
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Wow. What happened to freedom??
Although most Americans are already covered by employer-provided health insurance, under the House plan employers would be required to offer coverage or pay into a government fund.
The legislation includes subsidies to help individuals buy insurance, and requires all those not covered by employer plans or the government programs to buy insurance or face a penalty.
With these changes, 97 percent of Americans would have health coverage by 2019, Representative George Miller, a Democrat, said.
Among the sweeping changes in the health insurance industry, it would bar insurers from denying coverage to anyone based on pre-existing medical conditions.
The plan calls for an additional tax of 1 percent which would be levied on couples earning more than $350,000. Those with $500,000 incomes would pay an extra 1.5 percent, and millionaires would pay an additional 5.4 percent.
via reuters.com
Notice:
1. Employers would be forced to pay, either on their own or through the government. That should provide hiring incentives, hmm?
2. Get ready for health insurance to be just like auto insurance. You MUST have it. See the second paragraph? What if I don't want to contribute to the bottom line of the insurance companies?
3. If you are "wealthy" we will now take your money, forcibly, to pay for someone else's insurance.
Heaven help us.
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health care
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