Barack Obama's Health Care Plan is simply this... Better than McCains!!!

"To begin, the prediction that Baracks plan will fail in being profitable is fair, but still just an assumption." An assumption based on the laws of economics, specifically, if there is an increase in costs, and no increase in prices, profitability lowers. Since margins are already fairly low... "It could fail in being profitable, or it could be a success like the Postal Service. We wont know until it happens. " If I shoot you in the head point blank, you could die, or a miracle could result. The laws of physics and human anatomy tell us the former is far more likely. The Postal Service operates under fundamentally different circumstances, as it is a monopoly. It has no competition :D. "Either way, it will be better than John McCains plan, which WILL UNDOUBTEDLY cost us money." How is an unknown cost superior to a known cost? Mccain's plan costs us a finite amount of money. Since Obama's plan does not have any risk reduction mechanisms, and implicitly backs an enterprise to take unlimited losses... "Barack Obama's plan would not cost nearly that much! " This an an absurd statement when costs are not specified. "Obama wants to create this organization, not manage it. Someone qualified to run this business would be placed in charge." If Obama tells them what they have to cover, it doesn't really matter what their business qualifications are. Qualified businessmen are not able to fulfill impossible wishes. " Competition- Rivalry between two or more businesses striving for the same customer or market. http://www.debate.org...... My opponent stated: "You don't seem to understand what competition means- it does not mean a race for subsidized approval mechanisms, it means a race for customers with no government involvement.""? I should clarify: MARKET competition. Not political competition, which is what Obama's plan fosters. " The inusrance companies will race for the NHIE's "subsidized approval" BECAUSE of competition." How so? Does the NHIE have competition? That plays by the same rules? " With the creation of the NHIE, the DEMAND for NHIE approved companies will increase signifigantly. As the demand goes up, insurance companies will race to meet that supply. A treasure of free and winnable clientele will be waiting at the end of the finish line to be won over by the companies who first meet the DEMAND by meeting the NHIE's requirements. Competition, itself, will spur the change." Again, that's political competition,. not market competition. They are not competing to offer a better service... they are competing for the approval of a bureaucrat. " It is true that ultimately, most insurance companies will be similar, but NHIE will not be too specific and will allow certain differences. That being aside, the lack of differences matters very little. The cost of healthcare goes down either way" This is not demonstrated. "and the "subsidized oligopoly" will be successful. " Successful at creating an oligopoly. Not successful at reducing the real cost (including taxes) of health care. "Its all spurred by competition and its all fair game." Barack Obama stealing MY money to pay for a program that Barack Obama wants but I do not is not fair game. " Obama plans on giving families a $500-$1000 tax credit. This is NOT a handout. 1. Americans pay more than that in taxes every year. " SOME AMERICANS. But, the credit is "Refundable." This means, EVEN AMERICANS who pay less than that, or pay no taxes at all, receive the money. By definition, a handout. "They are not recieving tax credits that are "higher than the amount of taxes people pay". " http://online.wsj.com... In other words, yes they are. " 2. These are signifigantly less than McCains hand-outs even if the $500-$1000 were government bonuses and not tax credits." I was not claiming the contrary. But the immediate size of technical handouts is not the issue. The long term costs are. And long term, Obama's health care plan involves backing of an agency that, any economist could tell you, cannot possibly be profitable. Unlimited backing. This means, potentially, unlimited debt.