"Obama’s Health Care Speech in Plain English" Posted by Michael F. Cannon
"Hell of a speech last night, eh? Here are a few of my favorite gems.
O: "Under this plan, it will be against the law for insurance companies to deny you coverage because of a pre-existing condition."
MC: "Translation: I, Barack Obama, ignoring thousands of years of failed price-control schemes, will impose price controls on health insurance. I will force insurers to sell a $50k policies for $10k. What could go wrong?"
O: "We were losing an average of 700,000 jobs per month."
MC: "True. And your employer mandate would kill hundreds of thousands of low-wage jobs that would never come back."
O: "They will no longer be able to place some arbitrary cap on the amount of coverage you can receive in a given year or a lifetime. We will place a limit on how much you can be charged for out-of-pocket expenses…. And insurance companies will be required to cover, with no extra charge, routine checkups and preventive care."
MC: "Translation: Boy! Are we going to force you to buy a lot of coverage!"
O: "I will make sure that no government bureaucrat or insurance company bureaucrat gets between you and the care that you need."
MC: "…except for the bureaucrats I proposed to put between you and your doctor.
Read the whole piece: http://www.cato-at-liberty.org/2009/09/10/obamas-health-care-speech-in-plain-english/
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