There is no question today’s election is a seminal one. Never has there been two candidates more different on issues like management of the economy, fiscal policy, size and scope of government and the list goes on. One issue where the candidates do not differ much is healthcare.
Governor Mitt Romney has promised countless times on the campaign trail he will repeal the Obama health reform legislation on day one. He has changed his position on how it will be accomplished and a Romney victory could indicate an invitation to battle Obamacare out in the executive branch. Full out repeal will be a near impossible task.
President Obama has avoided the Affordable Care Act like the plague. One reason is because of how unpopular the health reform law is and those who oppose the legislation oppose at a much higher intensity of opposition than those in favor. Another reason is the complexity of Obamacare and this creates a culture of talking points which introduce myth and disinformation.
What people are not talking about is the question of whether or not our federal government can afford to get any bigger? The answer is no.
Our country is $16 trillion in debt which translates to around $51,000 per person in this country. Younger Americans will pay more for than their fair share for benefits they will not enjoy. Our standing in the global economy is diminished because we cannot keep our fiscal books in order.
Despite claiming stark differences on health care. On the issue of entitlement spending both candidates are proposing to spend the same amount of money now. They have different approaches for reducing government spending. The democrats propose an independent payment advisory board. The republicans by giving individuals the choice of traditional Medicare or a voucher to purchase private insurance.
The fiscal cliff and firestorm of looming Affordable Care Act backlogged are coming up soon. They will be previewed in part three of exclusive election coverage on HealthReformExplained. Stream the latest podcast and check out several scenarios for examples of how the largest law in our lifetime is already impacting ordinary Americans.