Saturday, March 27, 2010

ObamaCare Will Not Last Many Years: U.S. Debt Levels Threaten the Welfare-Warfare State

Historian Gary North explains why ObamaCare will not last many years:
The welfare states of Western Europe swallowed the pill of socialized medicine after World War II. The voters have gotten used to the cost. It is part of the social background. To single out medical costs as uniquely bankrupting is unthinkable, even though true.

Here, it is different. The law will go into effect at a time when the deficit has become unthinkably high. It finally is getting through to voters that it threatens their lifestyles in the future. They are beginning to get afraid. They should be afraid.

The Democrats waited too long. The deficits are now Obama’s. They must be dealt with on his watch. He refuses to deal with them. In this setting, the Democrats rammed through the bill.

The voters will be reminded, year by year, that this was done against their will. The Democrats will not be able to blame Bush. The burden will aggravate people, because they did not want the program.

Democrats assume that voters will forget. Voters at the margin will not forget. They will be reminded.

To get blamed, the Republicans must have the White House, the House, and 60 votes in the Senate. Until this happens, they can play the role of helpless babes in the woods. That means the Democrats will get blamed. This issue will not go away, because costs will rise.
You'll want to read the whole article.