Our guest today has specialized in health care and entitlement programs with a special focus on Medicare. At one point, he was a senior official of the US Department of Health and Human Services. He talks with us about why the left's "cure" for health care woes is far worse than the malady. He has studied, in depth, the House and Senate bills they sponsor and co-sponsor. He has seen a massive gap between rhetoric and reality with trade-offs initially hidden from plain sight. The downsides of any system becomes painfully evident upon closer examination. Often however, its too late to do anything about it, when we get stuck with a very bad healthcare system that does not really care for us, and which has costs that threaten to sink our nation. He urges us to pay attention to the details of the various proposals. To this end, he refers us to a book "No Choice, No Exit," available here: https://www.heritage.org/no-choice-no-exit
The current Healthcare Sector in America is complex and is about a $3.6 Trillion sector. That's huge. 1 of every 5 dollars goes into this system. The left wants to expand this into a "single payer" system. If they were to fool us into supporting this, then the cost would be so high as to take 21.1 % of all our earnings. And that is just for the healthcare system alone! That would be on top of what we currently pay in taxes, which is about 31% total. How would we ultimately pay for such a system? Its clear that the government would have to print more money. This obviously, to any thinking American, is a plan for economic disaster for our country. But worse, we would lose control of our healthcare. Totally. We would be told by big government how we are to be cared for, with no control of our own healthcare, and with astronomical costs. Participants: Dr. Robert E. Moffit, Dan Elmendorf