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Monday, July 02, 2012

Obama's Victory Speech Translated

After the Supremes approved Obamacare yesterday, the President gave a speech. I think it needs de-coding.

Obama: Today's decision was a victory for people all over this country...

De-coded: It's a victory for central planners, not "people". One thing I've learned in 42 years of reporting is that centrally planned bureaucracy kills innovation, increases costs, and undercuts personal liberty.

If you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance...

Unless your insurance company, like Principal Financial, leaves the business, because you've made it bad business. Then people lose their policy.

This law will only make it more secure and more affordable.

It's impossible to do both.

Because of the Affordable Care Act, young adults under the age of 26 are able to stay under their parent's health care plans...

That will make insurance cost more.

...A provision that's already helped 6 million young Americans.

And made insurance cost more.

And because of the Affordable Care Act, seniors receive a discount on their prescription drugs - a discount that's already saved more than 5 million seniors on Medicare about 600 dollars each.

Even rich seniors get a handout. According to Sen. Jeff Sessions (R-Ala.), ObamaCare will cost taxpayers $2.6 trillion in the next 10 years.

These provisions provide common-sense protections for middle class families, and they enjoy broad popular support.

True, because people like "free" stuff.

If you're one of the 30 million Americans who don't yet have health insurance, starting in 2014 this law will offer you an array of quality, affordable, private health insurance plans to choose from.

There were already plenty of options for them, including Medicare and charity. But we in government are only happy if it's all centrally planned.

Now, you'll get to "choose" from a whole "array" of mandated expensive and mediocre healthcare "options."

They won't be able to charge you more just because you're a woman.

That's right. They'll just charge everybody more in higher premiums and higher taxes.

But that's nuts! Women visit doctors more than men. Women consume more healthcare.

Not charging women more for health insurance is like not charging Charlie Sheen more for property insurance. People who incur higher costs pay higher insurance rates or insurance doesn't work.

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