Von Aldo

Obama's Health 'Reform' Is Not Hope, Not Change, says Cato

The Cato Institute on why the health reform bill is a bad idea. Good stuff.

In sum, "The Obama administration on Monday released the president's latest health reform proposal. Included in the plan is legislation that would allow the government to block excessive rate hikes by health insurance companies. Cato scholar Michael F. Cannon has long argued against such price controls: 'Artificially limiting premium growth allows the government to curtail spending while leaving the dirty work of withholding medical care to private insurers. ...This is not hope. This is not change. It is, to pinch a phrase, a return to 'the failed theories that helped lead us into this crisis.'"

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