We’re making a bold prediction: Health care reform won’t pass this year or in 2010. In November of 2010 the Democrats will lose control of the House or the Senate, maybe both.
Ultimately, in spring of 2011 health care reform will be passed in a form that makes sense and citizens can afford. Needless to say, it won’t resemble the bills that are currently being debated in Congress.
Here are my reasons:
- The projected budget deficit is just too large. When you figure all the spending for the economic stimulus coupled with the war on terror, it’s simply incomprehensible how we could begin to dig our way out of the additional budget burden that this proposed legislation will impose. Just paying our current debt without health care reform, should give our legislators pause to wonder what this will do to the economy in general.
- We’re already losing ground in the global economy with the devaluation of the dollar. The additional tax burden will blow that off the charts.
- Our Medicare, Medicaid and Social Security programs, in their present forms, cannot be sustained. They represent some of the biggest Ponzi schemes of all times.
- Our general economy is still two to four years from emerging from this recession. Congress just can’t jeopardize our recovery with the additional cost of health care reform.
We will continue to comment on the debate. Obviously, this is a contrarian point of view; most other pundits are saying health care reform will pass. But they’ve missed every deadline so far.