Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Obamacare: Doctors Dropping Out or Opting Out

November 26, 2013 By Richard C. Young

Here the WSJ lays bare the falsehoods of O’Care. Is there any reason to not understand why the majority of Americans do not trust Obama?

Most interestingly, the administration and congressional Democrats seem genuinely surprised that their prized legislation, which was to be the crown jewel of the president’s legacy and the culmination of decades of liberal ambition, simply doesn’t work. Did these folks ever study history, economics or sociology? If they had, they would have known there was little chance of success for their attempt to snatch one-sixth of our economy and thrust it under a complex set of bureaucratic regulations, market disincentives, higher costs and new taxes.

Large government interventions in the market almost always fall short of their backers’ dreams (although not usually this rapidly). Such programs suffer from a common set of flaws, all of which are found in ObamaCare. First, and perhaps foremost, is the hubris inherent in the assumption that bureaucrats in Washington (or Moscow, Beijing or Pyongyang) know better than families, individuals and businesses do what is best for them.

We also often find a certain “looseness” with the facts. There is overpromising at the beginning. Mr. Obama actually promised to provide better health care to more people while spending less money. While some of us saw that was obviously absurd, many are just now coming to this realization. We were told we could keep our existing plan if we liked it, “period.” But it turns out that means “only as long as the government, in its wisdom, decides it’s right for you.” The posturing and spinning continues as the administration tries to inflate the pathetically low enrollment figures. The left’s mindset is that such obfuscation (to be generous) is fine as long as it is deployed in the furtherance of the greater good, which they see as coming only from their policies.

Related video:

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Obamacare Operation!
  • Premiums Surge under Obamacare
  • Rewriting Obamacare?
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Richard C. Young (see all)
  • V4 Stands Against North African and Middle Eastern Invasion - May 19, 2022
  • ENERGY FREEDOM ACT: Ted Cruz Introduces Bill for Energy Independence - May 19, 2022
  • Are You Suffering from One of These Nutrient Deficiencies? - May 18, 2022

Dick Young’s Must Reads

  • You Need to Seek Some Shelter for When Things Get Ugly
  • Are You Prepared to Run Out of Water?
  • The Four Most Important Words in Investing
  • America’s States Rights Revolution
  • The Case for Individual Stocks: Now More than Ever
  • Tom Brady Is Proof You Shouldn’t Retire if You Still Love Your Work
  • Americans Fleeing High Tax States for Growth Corridors
  • Vermont Abandoned, Dairy Farm Economy Devastated
  • Concentrate on Dividend Record and Compounding
  • Gold’s 50-Year Price Explosion

Disclosure

RSS Youngresearch.com

  • BUY THE DIPS? Can You Catch a Ginsu Knife?
  • MARKET TURNING: Canada’s Housing Market Turmoil
  • “I’ve Been with Richard Young for Over 30 Years Now”
  • All-Powerful Money Managers Voting YOUR Money Targeted by Senate GOP
  • HORDING CASH: Funds Hold the Highest Level of Cash Since 9/11
  • COMMODITY CRUNCH: Will Tesla Buy a Cobalt Mine?
  • Young Americans Fall in Love with Farming, Again
  • Your Survival Guy: “Sell in May, Buy After Labor Day?”
  • China’s Economy Taking Hit from Zero-COVID Strategy
  • Is Your Financial Advisor Hiding the Truth About ESG?

What Would We Do without the Experts?

V4 Stands Against North African and Middle Eastern Invasion

BUY THE DIPS? Can You Catch a Ginsu Knife?

Florida: Enjoy Certain Freedoms and Individual Liberties

ENERGY FREEDOM ACT: Ted Cruz Introduces Bill for Energy Independence

Consequences of Biden Killing the Keystone Pipeline

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives