Obamacare (A.K.A. the Orwellian-Named "Affordable Care Act") is the Latest in a Long Line of Failed Utopian Central Planning Endeavours
Thomas Sowell connects the dots from the French Revolution to Communism to Obamacare:
If the preconceptions of the Left were correct, central planning by educated elites who had vast amounts of statistical data at their fingertips and expertise readily available, and were backed by the power of government, should have been more successful than market economies where millions of individuals pursued their own individual interests willy-nilly.
But, by the end of the 20th century, even socialist and communist governments began abandoning central planning and allowing more market competition. Yet this quiet capitulation to inescapable realities did not end the noisy claims of the Left.
In the United States, those claims and policies have reached new heights, epitomized by government takeovers of whole sectors of the economy and unprecedented intrusions into the lives of Americans, of which Obamacare has been only the most obvious example.
As someone who has experienced the futilities of a socialized health care system first hand, all I can say to my friends in the U.S. is best of luck once that "Affordable Care" kicks in.
1 comment:
Thanks.
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