Monday, August 17, 2009
Public health option off the table
The Obama Administration is apparently caving in on its promise to deliver Government-backed health care just like I predicted on a recent segment of "Cavuto" on Fox Business. (The other panelists said the hesitation was just "posturing.")
I knew the public health option would be dropped because of a belief on the part of the president and his advisers that we don't have the money. The need to bring costs down and keep a watchful eye on deficit spending will, once again, leave many without care and with a standard of living far below where it ought to be given our available capital and resources.
Each and every day Obama's policies are causing more and more wealth to flow to the top. This is in direct contrast to the ideas he espoused when he ran for president: that he would help the working class.
So far, NOTHING has been done to help those in the middle or at the bottom, however, it took little time for the multi-million dollar bonuses to start flowing again on Wall Street.
A disaster for most Americans. A terrible display of leadership.