asset bubble

Though it may not seem like it, we're living in a golden age that's about to come to an end. This is the Golden Age of healthcare, the best in the world. Maybe the longest recession since WWII is coming to an end but it'll take years to get back to where we once were in terms of jobs and personal wealth.

This is indeed a great golden age in many respects but only in comparison with the future in store for us, thanks to this president and this Congress. During the 2008 presidential campaign, candidate Obama said, "America is the greatest country in the world and together, we can change it!" Now, we have a clear idea what he meant.

The current House and Senate healthcare reform bills now before Congress amount to massive tax increases and do nothing to reduce costs. The main reason the public ever wanted healthcare reform was lower costs. Why, then, is any effort to reduce costs blocked by the Democrats? These bills are the opposite of what the people want because they actually would cause an increase in costs and deficits, according to the CBO. There would a great shortage of doctors, there would be rationing of care, and a big increase in inconvenience. Healthcare as we know it today would devolve, resulting in higher death rates and misery.