Healthcare Reform Is Economic Malpractice

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As
Washington continues debating healthcare reform the rest of the
country is primarily concerned about jobs and the economy. It is
still uncertain what policies will be implemented, but I am certain
about one thing: It will only further devastate our economy and
our dollar.

The leadership
has come up with a proposal they are confident will be what they
consider fiscally responsible, only to have it scored as nearly
twice as expensive by the nonpartisan Congressional Budget Office.
Estimates of past healthcare spending programs have been off by
as much as 100 percent so there is no telling what the actual cost
will be.

The past century
should have taught us one thing: that government intervention is
expensive. Government programs lend themselves so easily to waste,
fraud and abuse. Combine that with overall inefficiency and it all
adds up to a hefty price tag for the taxpayer, with not much leftover
for actual services. An outright takeover of an entire sector of
the economy, especially one as important as healthcare, is something
that we just cannot afford for the government to do right now. Not
to mention the fact that it is completely unconstitutional. But
Washington insists on torturing the numbers and tinkering around
the edges rather than facing this truth.

If healthcare
reform does indeed pass, we should not be under the illusion that
it will be free. The money to pay for it will have to come from
somewhere. They say they will get the money from cutting waste,
fraud and abuse, but all of that is seemingly intrinsic to government
programs. Since they want to expand the government’s reach
we have to assume we will be trading waste, fraud and abuse for
waste, fraud and abuse with a bigger budget. The powers that be
have insisted the money won’t come from higher taxes, it won’t
come from rationing of care, and it won’t come from higher
premiums. This can only then put more pressure on the Fed to print
the money out of thin air. We already have a weakening dollar. They
are accelerating everything that weakened it in the past. Adding
this new, monumental pressure could very well be the straw that
will break the dollar’s back.

Foreign creditors
are already nervous about continuing to invest in the US because
of our skyrocketing debt. The explosion of debt that is certain
to accompany the enactment of this national health care bill can
only add to that nervousness.

Ironically,
enactment of the health care bill could help the cause of liberty
by hastening the day when Congress is forced by economic circumstances
to stop increasing the welfare-warfare state and return to the Constitution.

There are many
problems with our current healthcare system, to be sure. There are
many tragic stories to be told. However, we need to look at the
root of our problems in order to address them properly. More government
intervention and bureaucracy injected into healthcare will take
a flawed system and make it immeasurably worse.

See
the Ron Paul File

November
11, 2009

Dr. Ron
Paul is a Republican member of Congress from Texas.

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