Why does this bill so fatally misunderstand what insurance is?
The bill does not misunderstand the nature of insurance. Rather, those who wrote it (including those who lobbied the drafters) understand the nature of power, money, and manipulation, and how to wield all three.
We cannot know the level of destruction this bill causes because we don't know its true price. Nor can we measure the value of services provided.
That is because the bill strips away the price mechanism by which producers and consumers determine the value of every product/service exchanged.
The populace does not understand this. And given how long it takes such state systems to implode under their own weight, we will be debating the effects of this bill for decades.
Think of it like this... FDR put social security and Johnson pushed Medicare into play. Both are imploding. Yet, the populace still thinks of FDR fondly (Johnson's legacy is tainted by Vietnam). The point is, people do not understand the causal relationship between government intervention and its effects. And each year that passes, the concept becomes foggier.
Here we are, 74 years after social security was passed and few voters even attach that monstrosity to FDR. Here we are, a mere 44 years after Medicare was passed into legislation. And all people can think about is how to keep that beast breathing.
Indeed, our kids are still taught that FDR was a hero.
Why is your country such a mess. :-(
Voters.
I have said in the past that if I were a political animal, nothing would make me happier than a docile, unthinking, confused, and stupid populace.
What could possibly be easier to manipulate? Simply keep the embers burning with Repubs vs. Dems, right vs. left, fight, fight, fight for our freedoms in faraway lands, and other nonsense.
And voters, desperate for relief, pick up the remote control and turn their idiot box to Dancing With The Stars.
And the perpetual consumption begins anew.
