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. It is no more than a guess. The government has never attempted a government run insurance provider and until it does, we will never know. It could fail in being profitable, or it could be a success like the Postal Service. We wont know until it happens. Either way, it will be better than John McCains plan, which WILL UNDOUBTEDLY cost us money. The US Census Bureau put together a chart listing the number of households, families, and married couples in the United States ranging from 1960 until present. According to this information, John McCains plan would owe at least $2500 to 118,683,058 units (families, married couples, or independants). That means the John McCains plan would cost at the absolute least $296,707,645,000. That is almost 297 Billion Dollars at the absolute LEAST! McCain's plan could cost as much as $593,415,290,000!! Almost 593 and a half BILLION DOLLARS! http://www.census.gov... http://www.census.gov... What's more, is that this is not a one time lump sum! No, this is Annually! That is twice as much as the Iraq war costs annually; he same war that McCain would keep paying for! Barack Obama's plan would not cost nearly that much! Obama's plan could even be profitable! Thats INFINITLEY better than McCain's! My opponent also claims that Obama's plan could never be possible being run by a man with no business or economic experience. Obama wants to create this organization, not manage it. Someone qualified to run this business would be placed in charge. It would be someone with experience. Furthermore, a whole organization of qualified and experienced people would operate this enterprise. Not Obama himself. Obama's job will be President of the United States not "CEO" of "Government Inusrance Inc."! Since my opponent has attempted to discredit my economic understanding by claiming i dont understand competition, I will define competition and explain again how the subsidized oligopoly is still competitive. 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." Now that I know what competition means, lets compare it to my opponents assertions. The inusrance companies will race for the NHIE's "subsidized approval" BECAUSE of competition. Its a simple example of the Law of Supply and Demand. 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. 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 and the "subsidized oligopoly" will be successful. Its all spurred by competition and its all fair game. Moving on, I will address Obama's supposed "tax credit/handout". 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. They are not recieving tax credits that are "higher than the amount of taxes people pay". No one is being given free money. They are only being given back part of what they have paid, so again, no hand-outs. 2. These are signifigantly less than McCains hand-outs even if the $500-$1000 were government bonuses and not tax credits. This is a Slam-Dunk for the Obama Campaign, and McCain should be embarrased of his overly simplistic and outrageously expensive healthcare plan!