ObamaCare
Dilemma: Economic Growth and Employment Versus
the Uninsured and Narrowing of Health
Care Choice**
On this
side lay Scylla while on that Charybdis in her terrible whirlpool was sucking
down the sea.
Homer(700
BC), Odyssey XII
The
strongest principle of growth lies in human choice.
George
Eliot (1811-1880)
ObamaCare reminds me of the Greek myth of Scylla and Charybdis. Scylla was a loathsome dark monster (the
uninsured), inhabiting an inacessible cave
on an unscalable rock; Charybdis ( capitalism
) was a fatal whirlpool (sucking down
the poor).
The two represent the dreadful alternatives between which
one must make a choice.
In the case of ObamaCare, the choice may be between economic
growth , which in the U.S. in the first quarter of 2014 was a dreadful 0.1%, and the narrowed choice of health care
providers and health exchange plans
offering average premium increases of 47% and $6000 deductibles.
Texas is a good example of the dilemma facing
Americans. Texas has the nation’s second
highest GDP growth rate of 4.8% (after shale-rich North Dakota at 13.4%), yet
Texas ranks dead last in the number of uninsured at 26.3%.
The American people have made their choice.
The Texas population has grown 20.1% versus 9.0% for the rest of the U.S. over the last decade. Texas added 1.3 million people from 2010 to
2013, more than any other state, pushing past 26 million. Its
unemployment rate is 5.5% compared to the U.S. average of 6.7%. Half of the nation’s 10 fastest growing
cities are in Texas.
Liberals heap scorn on Texas, accusing Texans
of being all hat and no saddle, all
business and no heart. But people from
other states, including liberal
California, do not agree. One quarter of Texas new residents hail from the Golden
State. And international and national
corporations do not agree.. Toyota just
moved its North American headquarters to Plano, Texas.
Physicians are also moving to Texas in record numbers
because of its lower taxes, lower costs
of doing business, and low malpractice rates. As I indicated in a July 1,
2012 blog, Texas may represent the future of health care. Three quarters of
Texas physicians are from other states.
All of this inward migration to Texas indicates that robust
economic growth and low unemployment are higher priorities for Americans and their physicians
than ObamaCare.
The moral of this tale may be: Don't mess with Texas. It knows what it is doing.
Tweet: Economic
growth and unemployment are more important than ObamaCare for Americans and their physicians.
** For comment or contact, call Dr. Reece at 1-860-395-1501 or email me doctor.reece@gmail.com.
No comments:
Post a Comment