By Larry Kudlow,CNBC
Obama and his radical healthcare agenda
Does anybody really believe that adding 50 million people to the public health-care rolls will not cost the government more money? About $1.5 trillion to $2 trillion more? At least.
So let’s be serious when evaluating President Obama’s goal of universal health care,and the idea that it’s a cost-cutter. Can’t happen. Won’t happen. Costs are going to explode.Think of it:Can anyone name a federal program that ever cut costs for anything? Let’s not forget that the existing Medicare system is roughly $80 trillion in the hole.
And does anybody believe Obama’s new “public” health-insurance plan isn’t really a bridge to single-payer government-run health care? And does anyone think this plan won’t produce a government gatekeeper that will allocate health services and control prices and therefore crowd-out the private-insurance doctor/hospital system?
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