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Thursday, August 13, 2009

The Whole Foods Alternative to ObamaCare

Perhaps only in the Wall Street Journal would the founder of a natural food store quote Margaret Thatcher while opposing the proposed Health Care Reform.
Eight things we can do to improve health care without adding to the deficit.

By JOHN MACKEY

"The problem with socialism is that eventually you run out of other people's money."

—Margaret Thatcher

With a projected $1.8 trillion deficit for 2009, several trillions more in deficits projected over the next decade, and with both Medicare and Social Security entitlement spending about to ratchet up several notches over the next 15 years as Baby Boomers become eligible for both, we are rapidly running out of other people's money. These deficits are simply not sustainable. They are either going to result in unprecedented new taxes and inflation, or they will bankrupt us.

While we clearly need health-care reform, the last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system. Instead, we should be trying to achieve reforms by moving in the opposite direction—toward less government control and more individual empowerment. Here are eight reforms that would greatly lower the cost of health care for everyone: (more)

2 comments:

  1. Jay,

    This is a great piece because it comes from a business owner, not from a beauracrat. This is the perspective that needs to be represented in Washington! Thanks for digging this up.
    Andrew Hemingway
    www.andrewhemingway.com

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  2. I agree with most of it, but it doesn't go nearly far enough. No meaningful reform is going to happen until we shut down Medicaid and Medicare, and eliminate employer-provided health insurance. For more see http://nhrepublican.newsvine.com/_news/2009/07/12/3019364-health-care-so-easy-a-cave-man-can-do-it- This is a broad overview. I can provide more detail for any of the aspects of this plan.

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