“…Tax those big bad corporations a bit more? Medtronic has just announced that the new Obamacare taxes on its products could force it to lay off a thousand workers. What do those guys do? Well, they develop products such as the recently approved pacemaker that’s safe for MRI scans or the InterStim bladder-control device. So that’s a thousand fewer people who’ll be working on new stuff. Well, so what? The public won’t miss what they never knew they had. So again the effect is one of disincentivization — in this case, of innovation.”
Just as Europe, and most of the free world, has been able to entertain their Nanny State adventures for decades thanks to the blanket of security the United States provides, leeching off the innovation and inventions of our health care system has provided them the ability to throw a shroud over the scarcity of own their medical advancements. Oddly, liberal Democrats know this, and yet asked (until the vote this week) “If I can be like that, what would I do?”
Well, now we know. And why not? They’ll have more people dependent on them, which means more opportunities to promise bigger and better things with each election cycle. And when people get sick, they still get treated (even if that life-saving drug or procedure that would have been created under a more market-friendly system is never invented).
Having a kid anytime soon? Encourage them to be a nurse, because nations that don’t create cutting edge technology to deal with maladies that have been with us since time began (and those that have yet to rear their ugly microbial heads) always have a need for more nurses. President Obama, you sure have shown those evil insurance companies and pharmaceutical profit-monsters! Not only did you take away their profits, you may have doomed their kids (and your own) to a world where less benefits are reaped from the research and development spearheaded by private corporations. But hey, I’m sure the icepack and blanket industries are looking at their long term projections and giving the board of trustees a round of hi-fives.
That is, unless we act now. As I wrote in response to a commenter in another thread, whether they realize it or not, the current administration’s white-hot intransigence is forging a new kind of conservative. I hope the economy doesn’t melt down in the mean time, and if we had space-time continuum goggles I’m sure the future of America’s children would be warping under the pressure – but I think we’ll come out of this okay in the end.
I don’t see this health care outcome as a loss at all. It was an opening salvo in the fight for the future of the country. It was a BIG one, I’ll grant that, but the counter strike is coming. November will be here before you know it.