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Politics : Politics for Pros- moderated

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From: alanrs7/27/2012 9:39:17 AM
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online.barrons.com

"America's biggest economic problem today is health care. Health care is consuming more than 18% of GDP and, if unchecked, that number could grow to 35% by midcentury. It could bankrupt the government and lead to economic collapse.

The Supreme Court has upheld most of the Patient Protection and Affordable Care Act -- otherwise known as Obamacare -- but the new law isn't the right solution. In spite of its laudable objectives, the administration's health-care initiative most likely will make the problem even worse.

Obamacare addresses only two of the three key elements of the health-care problem: It attempts to expand access to medical treatment by increasing coverage under private insurance and Medicaid; it attempts to control the costs of medical treatment, which have been growing at very high rates."

Article is a little long.

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