Paul Krugman: Obama Has 'Largely Accepted Conservative View Of The World'

Obama's healthcare legislation is Bush's Medicare Reform Act of 2003 (which was a $700 billion + giveaway to Big Insurance & PhRma), Part 2.  

Not only doesn't Obama's healthcare legislation accomplish what Obama and Democrats were put into power to get (affordable quality medical treatment for everyone), it is, in fact, a giant leap toward ending all public healthcare (Medicare, Medicaid, SCHIP, CHAMPUS, veterans care, etc.).  

Obama's healthcare legislation puts more people into Medicaid, which the states are required to co-pay along with the federal government. The states are already going bankrupt, and moving toward eliminating Medicaid services as a result. States' options are limited, especially those states with constitutional requirements to balance their budgets.  So while people may find themselves covered by Medicaid, if you're thinking that should all else fail you've got Medicaid as your safety net, guess again:  Medicaid won't cover sh*t.  

Having insurance (which is all that Obama's legislation does, and not even for everyone, just for a few million more) doesn't mean getting necessary medical care or that you will be able to afford medical care. 

Think about that for a minute, because I do understand how, after hours/days/months of spin by professional spinmeisters (politicians), you might not appreciate the distinction.
All that Obama's healthcare legislation does is require money to go from here (my pockets/taxpayers' pockets) to there (into insurance companies' pockets).

There is no limitation on insurance companies' charging and increasing co-pays and deductibles and eliminating services.

There is no requirement for insurance companies to have to provide services not paid for.

Insurance companies have already figured out the way around the restrictions in the bill.  The con game in the legislation -- Medical loss ratio.  The amount of money insurers must spend on health care, and how it will enable insurance companies to continue to price gauge and keep obscene profits instead of delivering affordable and quality medical care to policy-holders.

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About Barack Obama
Read the Article at HuffingtonPost