The biggest financial problem facing America today is the exploding number of public sector employees. Covering their benefits, salaries and retirements is a reason why the government is in such debt. People seem to want to talk about budgets and deficits, but it really is all about hiring – in other words – HOW the money is spent. The percentage of public to private sector workers in the US is way out of wack for the amount of taxes collected. And Obamacare explodes that further.
Now – to explain here, this is no rap on the employees themselves, it is a rap on those who vote for hiring more of them – when we cannot afford those already on the payroll. I see an estimate posted in these comments about health care being about 17% of the US economy. So – how many incremental government workers will it take to administer that? And what will that do to an already bleak economy?
The way to expand health care coverage is to cap lawsuits and allow insurance companies to sell policies across state lines. It is government, through Medicare and Medicaid who sets the prices for most health care services – why do you think MRI’s cost what they do? Because providers know what they will be reimbursed- and price accordingly.
I object to the debate-less and rapid-fire way this legislation was shoved through our legislature last year. Many of those in Congress admitted that they did not read the bill prior to voting on it. For something this far-reaching, I just think we should expect more.