Elections Have Consequences, Health Care Cost Edition:Posted: September 26, 2015
Remember when candidate Barack Obama repeatedly promised health care premiums would drop by up to $2,500 a year?
Since Obama made that promise, health care premiums are reported to have increased $4,865 a year:
I hesitate to use the ‘L’ word, but there’s no other word to use in this case: Barack Obama lied to the American people. Knowingly. Repeatedly.
This is what happens when you combine Big Pharma, Big Health Care, and Big Government: you get a bloated, inefficient Frankenstein monster where the people get fewer choices and increased costs.
It’s called Crony Capitalism. It’s where government steps in and puts its thumb on the scale to pick winners and losers, instead of letting people freely and openly compete in a truly free market for the best products and services at the most competitive cost.
Think about this: Team Obama and his fellow travelers sold enough of the American people on ObamaCare on what is really an absurd idea – that already expensive medication, doctors, and hospitals would somehow, magically, be made less expensive by adding an additional layer of bloated, inefficient government bureaucracy to administer the program.
The idea is nuttier than an outhouse at a Georgia peanut festival.