Obamacare Will Bankrupt the U.S.
By: Cliff Kincaid | Accuracy in Media
One topic of conversation in the Republican race for the White House has been whether President Obama has been incompetent, or actually knows what he’s doing. On the matter of Obama’s Patient Protection and Affordable Care Act, commonly known as the Affordable Care Act (ACA) and Obamacare, self-declared socialist Professor Gerald Friedman seems to agree with conservatives that it can’t and won’t work. Friedman, a supporter of Senator Bernie Sanders’ (I-VT) “Medicare for All” single-payer plan, says that Obama and his advisers knew that the ACA was a “bad idea” that would not control costs, and that a total federal takeover of the health care system was inevitable.
The problem with a federal takeover of health care is that it would bankrupt the U.S., leading to left-wing demands for even more federal control. This is how socialism is coming to America.
More than two years ago, in an article entitled, “A Century and Counting: The Campaign for National Health Insurance,” Friedman wrote, “After a century of struggle, the ACA commits the United States to providing universal access to health care. This is a great achievement, one to be treasured and nurtured. Now the real fight begins, to turn this commitment into a reality that the ACA itself cannot produce. Barack Obama was right the first time: only a single-payer program can provide universal coverage, and only a single-payer program can control costs. The ACA may be the last bad idea that Americans try; after it fails, we will finally do the right thing: single-payer health insurance.”