The Case Against Obamacare

The Case Against Obamacare

The current issue of the Obamacare Health Care Reform has not only affected me, it has affected other Americans in need of affordable health care. It has affected us all in so many ways it has put us in a depression and put a cramp in our economy.

The impact of Obamacare has affected all of us. It has affected our personal liberty and federalism, it is destroying jobs and the economy, it plays games with the fiscal impact by trillion dollar budget buster, it has cut jobs and wages, it also complicates the tax structure and discourage work, undermining state flexibility, raising premiums and reducing patient choice, increasing costs and destabilizing markets, crowding out private coverage, undermining seniors’ coverage options, jeopardizing seniors’ access to care, falling short of real Medicare reform, expanding a broken entitlement and busting state budgets, creating long-term care entitlement, and weakening medical conscience and the protection of life. (Owcharenko, 2011).

In order for us to move toward a patient-centered, market-based health care reform, congress needs to follow these four key steps:

1. Make tax policy fair and rational,

2. Start health care entitlement reform,

3. Promote choice and competition through insurance market reforms, and

4. State based reforms.

If congress puts these steps into action, we can then start to re-establish getting our country back in order and out of this depression. A great example to look at is the Great Depression of 1929. In October 1929 the stock market crashed, wiping out 40 percent of the paper values of common stock. Even after the stock market collapse, however, politicians and industry leaders continued to issue optimistic predictions for the nation's economy. But the Depression deepened, confidence evaporated and many lost their life savings. By 1933 the value of stock on the New York Stock Exchange was less than a fifth of what it had been at its peak in 1929. Business houses closed their doors, factories shut down and banks failed. Farm income fell some