John Tamny from Forbes
Nowhere in the Constitution is health care mentioned as something the federal government has the power to oversee. Yet politicians in both political parties pay varying degrees of lip service to the notion that the U.S. health care system is broken and that the allegedly bright minds who populate Congress should manage its overhaul with an eye on cheaper care. A scarier thought would be hard to fathom.
At the same time, one argument made against reform–as though Congress’ poor track record with other “reforms” isn’t enough reason for lawmakers to leave it alone–is that with health care compromising 16% of gross domestic product, reform here could be particularly harmful to the broader economy. Allowing for the near certainty that any reform coming out of Washington would weaken the delivery of the health product, it should be noted that the “16% of GDP” canard is one of the weaker arguments for keeping the federal government at bay.