Goodbye Freedom, Goodbye Capitalism, Goodbye Prosperity

Reuters: U.S. healthcare revamp to require medical coverage

Really? Requiring everyone to have insurance? I seriously hope that is not the case, and the article was just poorly articulating what the bill will actually do, because otherwise that would be a blatant attack on liberty. The requirement for businesses to provide insurance is nearly as bad, especially considering that we're in a recession right now. Forcing business to provide insurance will obviously cut into their profit, which in most cases will force them to cut jobs; businesses giving insurance won't do much for you if they won't hire you. A third problem is the fact that this would be very damaging to insurance companies. Requiring them to cover everyone would be like forcing banks to give loans to people with low incomes who might not be able to pay them off (sound familiar?), and the competition from the government plan (which, being backed by the government, can do anything without concern for profit) will make the insurance business a nightmare.

You may be reading this thinking that all of these problems will be solved by the government offering health care. But do we really need the government spending even more money? This excessive spending is not sustainable. Also, nothing the government takes over improves. Government bureaucracy rapes efficiency.

Oh, and everything I just wrote is pointless; the plan is blatantly unconstitutional.