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6/18/12

Repealing Obamacare Won't Fix the Problem

Mitt Romney has promised that if he is elected President he will rid the country of Obama-care.

Putting aside for the moment that his credibility on the issue is less than inspiring, and also putting aside the notion that the Supreme Court may possibly make that point moot by tossing the Obamination entirely, it won't be enough to fix what ails the American health care problem. The problem won't just go away even if he and his terrible plan do.

The problem is: either the way the system was, or the way the system will be, it didn't/won't work because there is no incentive for people to buy their health-care the same way they buy every other good or service they consume. In a post-Obama world we will still have problems and we will need a plan to deal with them.


Although imperfect (as all things are), the free market is what made American health-care exceptional by comparison to the rest of the world, and political tinkering and force based government mandates are what led to its gradual decline and skyrocketing costs.

This Econ 101 video from the Center for Freedom and Prosperity explains why things go wrong with such systems and why a market based system will get us back on track. It is presented by Eline van den Broek of the European Independent Institute who has seen first hand what happened in her country of the Netherlands with such a system.

If you have friends or family who have a less than clear understanding of the problems of government mandated heath-care "solutions" you might want to pass a link to this video along to them.



For more information you can visit the excellent blog, International Liberty.

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