Tuesday, November 24, 2009
Via the Washington Examiner
Five months ago, I laid out my confusion regarding the large support from younger generations for Obama's agenda. There is a huge disconnect from the under thirty crowd regarding what health care reform really means for their generation. In short, I cannot understand why any rational person, from this generation, would support the Obama agenda.
It looks like the Washington Post has finally caught on:
"Now comes the House-passed health-care "reform" bill that, amazingly, would extract more subsidies from the young. It mandates that health insurance premiums for older Americans be no more than twice the level of that for younger Americans. That's much less than the actual health spending gap between young and old. Spending for those age 60 to 64 is four to five times greater than those 18 to 24. So, the young would overpay for insurance that -- under the House bill -- people must buy: Twenty- and thirtysomethings would subsidize premiums for fifty-and sixtysomethings. (Those 65 and over receive Medicare.)"
The article goes on:
"Although premium changes would apply mainly to people using insurance "exchanges," the differences would be substantial. A single person 55 to 64 might save $3,490, estimates an Urban Institute study. By contrast, single people in their 20s and early 30s might pay about $600 to $1,100 more. For the young, the extra cost might be larger, says economist Diana Furchtgott-Roth of the Hudson Institute, because the House bill would require them to purchase fairly generous insurance plans rather than cheaper catastrophic coverage that might better suit their needs."
When Obama was asked what the middle class would get from his health care reform he answered, "Peace of mind." The young missed it, but those words from Obama are, in actuality, a call to serfdom. Make no mistake, this is serfdom. In medieval times, a serf would work part of the landowner's property in return for food and protection. At least the medieval serfs of yore traded their freedom in exchange for something they had needed. For peace of mind from your philosopher-king, Lord Obama, you will pay dearly for what you don't need, health insurance.
Posted by conservative generation at 8:56 AM