Wednesday, August 5, 2009

The public option: a thought experiment

Neil Boortz on the "public option":

The Democrats and looters want you to believe that they're just going to set up a "public option," a government health care plan that will "compete" with the private insurance plans and keep them honest.

OK .. let's build a little scenario here. You're in business for yourself. You own a restaurant. You find out the government is going to open a restaurant right next door to you. The government says that they're not trying to run you out of business .. they just want to give you a little competition so that you will improve your product. You find out, though, that while your restaurant will have to operate at a profit to survive, the government restaurant can operate at a loss ... for ever. If the government restaurant needs money all it has to do is go out into the community and seize it. If you tried to do that you would be arrested and charged with robbery. You also learn that the government restaurant is going to be able to set all the rules about how you operate: How you cook and serve your food, what kind of menu you will have, the hours you will be open ... everything. Those same rules will not necessarily apply to the government restaurant.

Yeah .. that's some fair competition, isn't it? Can you tell me how you are possibly going to stay in business? The answer is, you won't. Sooner or later you close your doors, and if your customers want to eat ... they head to the government restaurant.

No comments: