Tuesday, November 3, 2009

"The Worst Bill Ever"—WSJ

A November 1 editorial in The Wall Street Journal says, "The health bill [Speaker Pelosi] unwrapped last Thursday, which President Obama hailed as a 'critical milestone,' may well be the worst piece of post-New Deal legislation ever introduced." Read why here.

This paragraph serves as fair warning:
As Congress's balance sheet drowns in trillions of dollars in new obligations, the political system will have no choice but to start making cost-minded decisions about which treatments patients are allowed to receive. Democrats can't regulate their way out of the reality that we live in a world of finite resources and infinite wants. Once health care is nationalized, or mostly nationalized, medical rationing is inevitable—especially for the innovative high-cost technologies and drugs that are the future of medicine.

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