Schwarzenegger's Folly
By John Stossel
Real Clear Politics
Gov. Arnold Schwarzenegger wants all Californians to have medical insurance. So he's going to force them to have it.
Schwarzenegger abandoned his opposition to mandated employer-based health insurance and embraced the idea as his own. "Everyone in California must have insurance. If you can't afford it, the state will help you buy it, but you must be insured," Schwarzenegger said last month.
Of course, his "solution" won't solve the problem. By making medical care look cheap to people, expanded insurance will push prices up even faster. Everyone will end up paying more. But politicians benefit because the costs will be hidden.
It's hard to believe that Reagan was once a two-term governor of California.
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