Having prospered by a lifetime of feeding at the public trough, Morton Marcus shows his disdain for the free market system.
He does not believe that those who invest in insurance companies should reap any return for the risk they take. Since so many insurance firms are dropping out of the health insurance system, those that survive Obamacare will have the advantage of a government-sponsored oligopoly.
The ultimate goal of Obamacare is to promote European style socialized medicine by totally degrading the current system.
Instead, Marcus believes America should embrace Obamacare, but he is unable to inform us of the cost, which might run into the trillions on top of the $16 trillion we already owe. He is also unable to identify the losers in this government-run fiasco.
The winners will be those who get subsidized insurance and those thousands who get navigator jobs at the U.S. Department of Health and Human Services and snooping jobs at the IRS.
If Obamacare is so good, why is the president exempt?
While visiting a small college, Marcus once referred to Purdue as a school that lacks any trace of intellect. Perhaps that is because he taught at IU’s Kelley School of Socialism.
- Jim Hoffman, Valparaiso