Thursday, January 28, 2010

Obama Not Giving Up Yet

From the President's January 27, 2010 State of the Union address:
...By the time I'm finished speaking tonight, more Americans will have lost their health insurance. Millions will lose it this year. Our deficit will grow. Premiums will go up. Patients will be denied the care they need. Small business owners will continue to drop coverage altogether. I will not walk away from these Americans, and neither should the people in this chamber.

As temperatures cool, I want everyone to take another look at the plan we've proposed. There's a reason why many doctors, nurses and health care experts who know our system best consider this approach a vast improvement over the status quo. But if anyone from either party has a better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen Medicare for seniors and stop insurance company abuses, let me know.
I'll offer my $0.02.

At the economic level, if our President wants to lower costs, he should try free market reforms.

At the philosophical level, he needs to re-examine the "morality of need" that says that one person's need gives him a moral claim on the goods and labor produced by another. This IBD editorial by Brook and Watkins is a good place to start.