I’m watching Nancy Pelosi’s press conference announcing the final House Democratic health restructuring bill. It’s 1990 pages.
We’ll see what the bill really says once we have time to analyze it, but here’s what we know from prior versions, news reports, and Pelosi’s talking points. The plan is phony and false political posturing: More benefits for more people with more choice, and it costs nothing and saves money.
Here’s the truth: The Democratic proposals will cost more money, raise insurance rates for everyone, cause people who already have insurance to lose coverage, get government intimately involved in our lives, eliminate any hope of introducing cost competition into the system, lead to de facto rationing, and are based on contrived financial assumptions which never will happen.
It’s all hot air surrounded by hype wrapped in made-for-TV faux reality. It is the health care version of the balloon-boy hoax.
In the next 2-3 weeks we will know whether there are enough moderate Democrats to breath some sanity into the legislative process and to deflate the Democratic hot-air flying saucer before we all crash.