{"id":193,"date":"2009-10-26T16:35:39","date_gmt":"2009-10-26T23:35:39","guid":{"rendered":"http:\/\/www.clarkjudge.org\/?p=193"},"modified":"2009-12-23T11:29:55","modified_gmt":"2009-12-23T18:29:55","slug":"%e2%80%9caffordability%e2%80%9d-2010-and-the-health-overhaul-hughhewitt-com","status":"publish","type":"post","link":"https:\/\/www.clarkjudge.org\/wordpress\/2009\/10\/26\/%e2%80%9caffordability%e2%80%9d-2010-and-the-health-overhaul-hughhewitt-com\/","title":{"rendered":"\u201cAffordability\u201d, 2010 and the Health Overhaul | HughHewitt.com | 10.26.09"},"content":{"rendered":"<p>This morning\u2019s <em>Politico<\/em> (here: <a title=\"http:\/\/tinyurl.com\/yf8pchm\" href=\"http:\/\/tinyurl.com\/yf8pchm\"><span style=\"text-decoration: underline;\">http:\/\/tinyurl.com\/yf8pchm<\/span><\/a> ) headlines \u201cPublic Option resurfaces as an affordability issue\u201d. \u00a0In the paper version, a bigger headline to the same story explains, \u201c2010 Haunts Health Care Debate\u201d.<\/p>\n<p>You may be inclined to say, \u201cduh.\u201d \u00a0But though, as <em>Politico<\/em> also reports, Mr. Obama\u2019s demand for a $900 billion cap on the planned program\u2019s expenses came as a surprise to many Congressional Democrats, the White House move was a predictable response to intense public concern about health overhaul\u2019s price tag.<\/p>\n<p>Yet, to most Americans, $900 billion still looks like a big deal. \u00a0\u00a0And it is, now and even more profoundly in the decades ahead.<\/p>\n<p>In a stop last week at the Hoover Institution on the Stanford University campus in Northern California, I received a chart on Federal government budget outlays from 1795 to 2065. \u00a0It came from Hoover economist John Cogan, once President Reagan\u2019s deputy director of the Office of Management and the budget. \u00a0Using 2005 data, it tracks government spending as a percent of GDP.<\/p>\n<p>Here are the key points and why the \u201cyears ahead\u201d loom so large in the health care debate:<\/p>\n<ul>\n<li>In 2005, spending minus Social Security and Medicare\/Medicaid totaled about 12 percent of GDP. \u00a0It was expected to tick up a little over the next several years to about 14 percent, remaining flat as a proportion of the economy after 2030.<\/li>\n<li>Social Security, Medicare and Medicaid were a different story. \u00a0They were projected to double from ten percent of the economy to 20 percent, increasing the total U.S. government take in the economy to about 34 percent of GDP. \u00a0State and local government adds to the burden.<\/li>\n<li>Cogan warned, however, that this story is out of date.<\/li>\n<li>Enactment of the Obama Administration\u2019s health takeover and other programs would jump the total federal number including Medicare, Medicaid, and Social Security up to nearly 60 percent of GDP by 2065.<\/li>\n<li>The previous peak was during World War II, when for one year Federal outlays topped 40 percent.<\/li>\n<li>We are entering, Cogan noted, \u201cuncharted territory\u201d. \u00a0We have never been here before.<\/li>\n<\/ul>\n<p>Where does the road lead? \u00a0It is impossible to sustain the entrepreneurially driven economy that currently drives our growth and fuels our national dynamism with the government taking such a large portion of GDP. \u00a0We would necessarily move to a corporatist model, with the government owning or effectively directing large sectors that we now assume should be private and independent. \u00a0We are talking here about a fundamental transformation on the most profound levels of the American economy and American society.<\/p>\n<p>In this morning\u2019s <em>Wall Street Journal<\/em>, Arthur C. Brooks, president of the American Enterprise Institute, notes (Here: <a title=\"http:\/\/tinyurl.com\/ykuekgv\" href=\"http:\/\/tinyurl.com\/ykuekgv\"><span style=\"text-decoration: underline;\">http:\/\/tinyurl.com\/ykuekgv<\/span><\/a> ), \u201cThe health-care debate is part of a moral struggle currently being played out over the free enterprise system\u2026. Will we strengthen freedom, individual opportunity and enterprise? \u00a0Or will we expand the state and its power?\u201d<\/p>\n<p>So \u201caffordability\u201d is not just about budget numbers. \u00a0It is about who we Americans are\u2026 and what it means to have and pass along a free society. \u00a0These are the true issues \u201chaunting\u201d 2010. \u00a0Affordability is their surrogate.<input id=\"gwProxy\" type=\"hidden\" \/><\/p>\n<p><!--Session data--><\/p>\n<p id=\"__mce\"><input id=\"jsProxy\" onclick=\"jsCall();\" type=\"hidden\" \/><\/p>\n<p id=\"__mce\"><input id=\"gwProxy\" type=\"hidden\" \/><input id=\"jsProxy\" onclick=\"jsCall();\" type=\"hidden\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning\u2019s Politico (here: http:\/\/tinyurl.com\/yf8pchm ) headlines \u201cPublic Option resurfaces as an affordability issue\u201d. \u00a0In the paper version, a bigger headline to the same story explains, \u201c2010 Haunts Health Care Debate\u201d. You may be inclined to say, \u201cduh.\u201d \u00a0But though, as Politico also reports, Mr. Obama\u2019s demand for a $900 billion cap on the planned [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34],"tags":[12],"class_list":["post-193","post","type-post","status-publish","format-standard","hentry","category-economic-policy-health-care","tag-hugh-hewitt"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts\/193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/comments?post=193"}],"version-history":[{"count":5,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts\/193\/revisions"}],"predecessor-version":[{"id":455,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/posts\/193\/revisions\/455"}],"wp:attachment":[{"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/media?parent=193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/categories?post=193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clarkjudge.org\/wordpress\/wp-json\/wp\/v2\/tags?post=193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}