State Treasurer Timothy P. Cahill, an independent candidate for governor making a play for fiscally conservative voters, said yesterday that the state’s universal health care law is bankrupting Massachusetts and will do the same nationally if Congress passes a similar plan.
“If President Obama and the Democrats repeat the mistake of the health insurance reform here in Massachusetts on a national level, they will threaten to wipe out the American economy within four years,’’ Cahill said at a press conference.
That's the State Treasurer talking there. Not Deval Patrick, not Barack Øbama. The Treasurer of MA. If he says that MA's "universal health care" is detrimental to the MA economy, it's worth a listen. Mitt "RINO" Romney was responsible for getting this started, but it took "Cadillac" Deval Patrick to really run it into the ground with his inattention, mismanagement, and outright cluelessness.
What's interesting is this little tidbit buried in the article:
Many policy makers and candidates, including Patrick, have acknowledged that while the state law has succeeded in extending coverage to about 97 percent of residents, it has not lowered insurance premiums, which have continued to rise sharply.
Got that? Not only does the law not cover all MA residents, but it has failed at its primary purpose - lowering health care costs. The original intent was that by mandating everyone have healt care insurance, premiums would drop as fewer bills went uncollected. How's that working out again?
So not only do you have mandatory health insurance (yes, in the state of MA, the government demands that you purchase a product, nice, eh?), but it's a major drain on the state (because MA picks up the tab for the lower financial strata) *and* isn't having any effect on slowing the rising premium costs. In short, it's a complete and utter failure.
And yet this is what Øbama would like to point to as his model for national health care - think about that for a moment...
That is all.