Thursday, September 10, 2009

ObamaCare: First, Do Some Harm — Then, Exploit the Crisis

ObamaCare is really, really cheap compared to that one billion dollars for testing a single drug. The cost of testing and developing HR 3200, the current and ever-changing plan for ObamaCare, is zero dollars — because no testing and development has ever been done on more than 1,000 complicated pages. The bill has been thrown together in back-room deals between lobbyists and staffers in Congress. It’s like a hugely complex computer program that’s never been tested to see if it will run.

How likely is it to work? It won’t, which is why there will be tens of thousands of pages of regulations. And if it runs, how likely is it to make one-sixth of the U.S. economy cheaper and better, as Obama claims?

This is the ultimate snake oil.