Obama’s ‘Moonstruck’ healthcare plan

June 2, 2009

The White House released an economic analysis of the economic benefits of healthcare reform. After skimming it, I am reminded of this classic scene from 1987 film “Moonstruck” where the economics of plumbing are explained:

There are three kinds of pipe. There is what you have, which is garbage and you can see where that’s gotten you. Then there’s bronze, which is very good unless something goes wrong. And something always goes wrong. And then there’s copper, which is the only pipe I use. It costs money. It costs money because it saves money.

Or as Team Obama might put it:

There are three kinds of healthcare systems. There is what you have, which is garbage and you can see where that’s gotten you. Then there’s the GOP free market system, which is very good unless something goes wrong. And something always goes wrong. And then there’s Obamacare, which is the system America should use. It costs money. It costs money because it saves money.

Me: The White House says healthcare reform is a bundle of goodies: a) 500,000 new jobs a year, b) an average increase of $2,600 in income for a family of four in 2020 and $10,000 by 2030, c) $100 billion in economic gain by insuring the currently uninsured. Oh, and lower long-term budget deficits. And here is where my movie analogy breaks down: the White House never actually says healthcare reform is going to require new spending.

4 comments

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Nice to see that there is another young Greek-American who is not entrenched in socialist idiology. Keep up the good work. Blessings from Western North Carolina.

Posted by John Critikos | Report as abusive

A re Jimmy, come to Canada boy, here we have free health care for everyone including your grandmother. I like your posts you seem very informative with a conservative touch. I’m conservative too but wouldn’t give up my free health care for anything…All that it would do is give doctor’s bigger cheques (that’s right spelled that way in Canada) and would make people take more tests that they don’t need. Listen Jimmy, no system is perfect but you can’t argue that people shouldn’t have access to suitable healthcare, should be a universal right…What part of Greece your parents from Jimmy?

Posted by Diavoli | Report as abusive

I agree. We need healthcare for one and all. The current “healthcare” system doesn’t work. Prices are outrageous and medical provider salaries are astronomically high. Doctors do have a “right” to make millions of dollars a year just because they spent a few extra years in college and may be able to save a life here and there. Most doctors that I know don’t save anything, except money for vacation homes, planes, etc. I use the VA for my healthcare and it works perfectly, and guess what? It doesn’t cost nearly as much as so-called private medical care.

Posted by Frank | Report as abusive

Back home in Canada, healthcare is better and it’s free. Per capita cost of healthcare is lower too, as is in all countries that have universal healthcare. Insurance companies are just an unnecessary middleman, if Obama squeezes them out then you’re right — we all save money.