President Obama on Healthcare
Last night I listened intently to President Barack Obama on healthcare reform. For 55 minutes I heard only more bloviating and extended long drawn out answers that answered nothing. There were still no real details, solid costs or a plan on how to finance this proposed legislation. It was a waste of my time.
By his own admission the President has not read the 1,000+ page legislation which has become a Washington DC trend. President Obama also blamed Republicans for attempting to block the bill. Now unless I have missed something the Democrats hold a 2-1 majority in the House of Congress and a 60-40 majority that is filibuster proof in the Senate. The President does not need a single Republican vote to get healthcare reform passed into law. So why more Republican bashing for the President that ran and won the presidency on “a new kind of politics in Washington” and, “change you can believe in”?
According to a July 16, 2009 article on Smart Money, “More than $1 trillion will be needed to pay for the Obama administration’s ambitious health-care reform plan. To come up with the money, the president has pledged to trim fat from the Medicare and Medicaid programs. But when all is said and done, it may be consumers who end up paying the price.”
So why would this information be on a real estate website that sells Las Vegas homes and other property here in the Valley? Simple, healthcare represents 1/6 of our economy and the government wants to take it over. The market for real estate in Las Vegas is just now beginning to see signs of recovery. If we hand over healthcare to our government you will see taxes skyrocket and small businesses forced out of business. Since small business employs 99% of Americans this will send shock waves through the private sector and add to the escalating unemployment rate. This bill will hurt the Las Vegas economy and tank the Las Vegas real estate market if it becomes law.
Michael Steel: Obama Healthcare is a Reckless Experiment
3 Comments to President Obama on Healthcare
Comments
“Spending more for spending less or saving more”, what Mr. Obama meant by saying this? Does he mean that for saving more we have to spend more? How is it possible? In case of investment we can understand this saying that by investing more we may earn more or get higher profits, but there also the risk is higher. And the President of America is trying to do it in Health sector. This is something questionable and Obama is answerable to it, he must tell the citizens why is he doing so. The questions put up by Michael Steele are authentic. Do post further.
Hi,
I don’t understand why they reduce the package of the health care .It is affect badly on the health care industry.
Thanks for sharing.
Interesting perspective…even now, I don’t feel as if I am knowledgeable enough about the proposed bill and the possible implications to really judge how I feel about it. Thanks for the food for thought.
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