Health care passes The House 11/08/2009

Now that the house has passed the Health care reform bill we are one step closer to having universal health care. The big question here is whether this is good or bad. It is obvious that all people deserve some form of health care. The question that truly needs to be decided is what quality of care do they deserve to get for what they can pay.

To me the biggest issue is the cost in delivering services. There is no competition in the services that are delivered and no price discovery at the time of service. To me this is what needs to be reformed. Those subtle changes would to understand the costs of the systems and police the doctors themselves so they don't become victims of unnecessary tests that end up raising the costs of the care.

To me this is why we need to have some sort of government option. By having a government option we will have a yardstick to measure private services against. If the private sector does a better more affordable job then people will naturally go for the more affordable option. If the government option is better then these companies are obviously in the wrong business.
If the insurance companies, doctors and pharmaceutical companies were all so great they would not be squealing so loudly about this and would embrace the challenge. They yell because the scam they have been running for years is starting to be exposed and their profits will begin to diminish.
Obama need to call out the scam artists that have been running amok and more clearly show how we will all save money with true reform to the system.


http://www.barickobama.com

Election Results

As we predicted the democrats in office faced the wrath of the voters and lost both governors seats in the election. Both candidates were resoundingly beaten. Low voter turn out by the younger voters contributed to the losses.



The people who did vote seemed to have economic issues on their mind. In New Jersey they also sent a message that we are tired of the same old politics used in running the state economy. Corzine's overwhelmingly strong ties to Wall street that were supposed to help New Jersey residents never materialized and he was voted out. NJ must now face the unknown abilities of Chris Christie in running a divided government.



The message Obama should get from this is that it is his economy now. The honeymoon is over. He has made a tactical error by sidling with wall street in the economic bailout and done very little at this point to help main street. The economy is still suffering from the following issues:



1. Record high budget deficits

2. Still falling housing prices

3. Rising health care costs

4. In creasing costs for education

5. Still climbing unemployment rates

6. Rising local tax rates

7. Diminished ability to fund retirement with 401k and Ira funds

8. Burned of the continues bailout of financial institutions.

9. Have burdens facing small business owners in starting and keeping businesses afloat

10. War in Iraq and Afghanistan



We will look at these issue more in the weeks to come



http://www.barickobama.com