Seems Folks Argued This All Along…
This point was made so early in debate over the federal healthcare overhaul — before the Democrats rammed it into law despite every negative signal from the American people — that it’s difficult to believe that anybody still believes the opposite. Still, it’s worth noting its restatement:
Two of the central promises of President Barack Obama’s health care overhaul law are unlikely to be fulfilled, Medicare’s independent economic expert told Congress on Wednesday.
The landmark legislation probably won’t hold costs down, and it won’t let everybody keep their current health insurance if they like it, Chief Actuary Richard Foster told the House Budget Committee. His office is responsible for independent long-range cost estimates.
Legislators cannot simply ignore the law of supply and demand, no matter how much the resulting policies may please the special interests to which they cater or how much more invasive authority over citizens the legislation grants them.