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November 13, 2013
Lessons of Obamacare are exploding all around us
On October 1, 2013, we had the detonation of Obamacare, or, as I like to think of it, Benghazicare. Not only was the blast greater than expected, but the Benghazicare explosion confirmed the principal ideas developed about Liberalism over the previous 50 years.
These are:
- It is reckless to trust decisions to those who pay no price for being wrong (Sowell)
- Legislators in Washington are negligent - they neither read nor write the laws they pass nor do they know what is in them
- Government cannot do commercial things competently - those that require competitive parsimony of resources and must delight the customer to survive
- Government does not have the ability to substitute the views of a few alleged experts for the distributed knowledge and incentive of the market
- Government is indifferent to the outcomes of its programs. Therefore when a government program is used to substitute for the incentives, self-interest and competitive disciplines of the market, it destroys the good or service involved and risks ruining peoples' lives in the process.
- Government operates on a non-human timeframe. When things went wrong in Iraq, it took us four years to figure them out and to change them. And the government congratulates itself on this to this day. In four years, most patients in need will be dead.
- Government is utterly unconcerned with the outcomes of its programs on individuals. The deplorable response to Stage 4 cancer patient Edie Sundby is typical. People in government simply don't care about individuals: they disappear in the masses. The private greed marketplace is set up to serve individuals and its practitioners take pride in doing so. Obama spokesman Dan Pfeiffer, advisor on nastiness, disregarded her plight and attributed it to insurance company greed, which does not really explain why she had insurance until the Benghazicare rules kicked in.
BOOM!