Searching for Obamacare's Silver Lining
WASHINGTON (By George Will, Townhall.com) - Barack Obama hopes his famous health care victory will mark him as a transformative president. History, however, may judge it to have been his missed opportunity to be one.
Health care will not be seriously revisited for at least a generation, so the system's costliest defect -- untaxed employer-provided insurance, which entangles a high-inflation commodity, health care, with the wage system -- remains. Obama could not challenge this without adopting measures -- e.g., tax credits for individuals, enabling them to shop for their own insurance -- that empower individuals and therefore conflict with his party's agenda of spreading dependency.
On Sunday, as will happen every day for two decades, another 10,000 baby boomers became eligible for Social Security and Medicare. And Congress moved closer to piling a huge new middle-class entitlement onto the rickety structure of America's Ponzi welfare state. Congress has a one-word response to the demographic deluge and the scores of trillions of dollars of unfunded liabilities: "More."
Health care will not be seriously revisited for at least a generation, so the system's costliest defect -- untaxed employer-provided insurance, which entangles a high-inflation commodity, health care, with the wage system -- remains. Obama could not challenge this without adopting measures -- e.g., tax credits for individuals, enabling them to shop for their own insurance -- that empower individuals and therefore conflict with his party's agenda of spreading dependency.
On Sunday, as will happen every day for two decades, another 10,000 baby boomers became eligible for Social Security and Medicare. And Congress moved closer to piling a huge new middle-class entitlement onto the rickety structure of America's Ponzi welfare state. Congress has a one-word response to the demographic deluge and the scores of trillions of dollars of unfunded liabilities: "More."
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