Kudlow: Liberal entitlement-state dream is crumbling

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Kudlow: Liberal entitlement-state dream is crumbling

Postby cartervj » Sat Nov 02, 2013 10:26 pm

http://www.cnbc.com/id/101164217



No, this is federal coercion at its worst. And that's why the public is turning against it. It's not freedom.
Of course, there are other structural problems to Obamacare that are both unfair and unaffordable. Mainly, younger healthy people are not going to subsidize older sicker folks. We should take care of the latter with transparent government subsidies, and not by trying to redistribute resources (again) from the young to the old.
Or then there's the Medicaid entitlement. It's already out of control and close to bankruptcy. But in the early days of Obamacare, Medicaid sign-ups are exploding, all while sign-ups for private plans on the new exchanges are minuscule.
Between the president's broken promises, the millions of policy cancellations, the continued website breakdowns and the unaffordable, unfair con game between the healthy young and the sicker old, this Obamacare monster is well on its way to collapsing of its own weight.

But here's the bigger point: All this is the inevitable result of massive central-planning exercises to control the economy. That's not freedom.
No amount of rescue legislation is going to change this. It's the elections of 2014 and 2016 that will allow citizens to reject this Soviet-style planning. But I'll reference my conservative colleagues in the media once again: Obamacare represents the greatest-ever expansion of the liberal entitlement-state dream. And you know what? That dream is crumbling and dissolving before our very eyes.
And that is freedom.
—By CNBC's Larry Kudlow; Follow him on Twitter @larry_kudlow
“Nothing makes me more certain of the victory of our ideas than our success in the universities” – Adolf H, 1930
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