Obama's Healthcare Logic Deficit: You Don't Spend Money to Save Money

June 10, 2009 RSS Feed Print

By Mary Kate Cary, Thomas Jefferson Street blog

David Leonhardt writes a great explanation in today's New York Times of where the deficit came from, and how big it is. It's in plain English and it makes it clear that the reckless spending of the Bush years made things bad, the current recession made things worse, and Obama's massive stimulus spending continues the mess. I highly recommend it to you. There's also a terrific graphic that conveys the information visually.

Why do we need to spend even more money to lower healthcare costs? With a projected $1.8 trillion deficit, it's time to stop the spending and cut costs. I don't get it. In our family budget, we don't spend more money in order to save it. We just stop spending so much money. It doesn't cost us more money to do that. The federal government isn't any different—except for the crazy attitude among politicians and interest groups that a "cut" is really a slowdown in the rate of growth. We don't need slowdowns in the rate of growth. We need real cuts before we're driven into bankruptcy.


Correction: In yesterday's blog, I mistakenly wrote that President Obama had moved from the second person to the first person in his use of "I" instead of "we," when I meant to say he had moved to the first person singular from the plural. My high school English teacher would be horrified, and I apologize to all the linguists out there.

Check out our political cartoons.

Become a political insider: Subscribe to U.S. News Weekly, our new digital magazine.

Tags:
Obama administration,
healthcare reform,
Barack Obama,
healthcare

Reader Comments Read all comments (13)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Obama's plan is to "restructure" our current system and spend money to ....

remotepc support of NY 5:02AM July 04, 2009

Do you expect us to take this hypocrisy seriously? You had eight years to fix the budget, but instead you created a global economic meltdown. For your information, health care and education are two things that improve society, so it doesn't surprise me that conservatives oppose them. They would rather waste our tax dollars on wars, prisons, and Wall St crooks. It will probably take decades to clean up the conservative economic mess.

bubbles of CO 10:40PM June 23, 2009

The example to use is a new business. Everyone knows that if you start a business first you have to spend money. This is why business almost always loos money the first year. Right now the government is trying to start the economy back up. Of course that costs money. If it works it will bring in more revenue because everyone will be making more.

Health insurance is just another component of that we need a new competing endity that can be more efficent then the insurance companies. That shouldn't be hard to do but it will take start up costs. Staying with the insurance companies is like sitting down at a 99% payback machine in Las Vegas. It doesn't take long for all your money to be gone. Course the insurance companies are more like an 80% payback so Vegas is probably a better bet for national solvancy then the current health insurance system.

Bill Couture of CA 4:09AM June 12, 2009

Mary Kate Cary

Mary Kate Cary

Mary Kate Cary is a former White House speechwriter for President George H.W. Bush. She currently writes speeches for political and business leaders.

advertisement

Robert Schlesinger

Obama's Mixed-Bag Week

The Obama camp can celebrate Dick Lugar defeat, but should worry about the Scott Walker recall.

Mary Kate Cary

Obama Attacks as Economic Cliff Looms

The president can't afford to talk about the economy, but with a 2013 fiscal time bomb approaching, the rest of us can't afford not to.

Latest Video

advertisement