Obamneycare Converts Health Care Into Profits

In the guest section [at Paulcraigroberts.org] there is a new contribution by Dr.
Robert S. Dotson. He points out that Obamneycare is two versions of the same
thing. A person has to be gullible and uninformed to believe the claims of Obama
and Romney that their replacements for Medicare will save money and improve
care. What the schemes do is convert public monies into private profits.

The exploding costs described by Dr. Dotson and the rising profits for private
corporations are paid for by reducing health care. For example, Betsy McCaughey,
former lieutenant governor of New York, writing in Investors Business Daily reports that "On Oct. 1, the
Obama administration started awarding bonus points to hospitals that spend the least on elderly patients."
The result will be fewer knee and hip replacements, angioplasty, bypass surgery and cataract operations.
These procedures transformed aging by allowing the elderly, who formerly languished in wheelchairs and
nursing homes, to lead active lives.

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