I wanted to support President Obama’s health care reforms if I possibly could.
The U.S. health care system costs too much, delivers too little and excludes too many. Americans pay 60 percent more per person for health care than any other nation. Yet Americans rank only 41st in life expectancy and live with the paralyzing fear that the loss of a job means the loss of coverage.
Rising health care costs are devouring worker pay. Employers pay 25 percent more per hour on average for labor in 2006 than they did in 2000. Yet not one dime of that extra money reached workers. All of it was gobbled up by the surging cost of health care benefits. The typical worker actually earned less after inflation in 2006 than in 2000.
Health care drives federal spending. The U.S. government will spend twice as much this year on Medicare, Medicaid and other health programs as on national defense, including the wars in Afghanistan and Iraq.