Holman Jenkins on health-care reform, from the WSJ:
ObamaCare, to be sure, was not reform—it was a piling on of subsidies that can only throw fuel on the fire of health-care inflation. Not even the usual mouthpieces pretend otherwise anymore.
But a society can’t give a subsidy to everybody for the same reason you can’t give a subsidy to yourself—you end up paying for your own subsidy and aren’t better off. In fact, you are worse off thanks to the administrative overhead involved in taking money away from you and giving it back to you.
You are also worse off because of the perverse incentives engendered by diverting yours and everyone’s health-care spending through a common pot.
These pathologies have undermined U.S. health care for two generations, and nothing has been solved, nothing has been fixed, due to ObamaCare.
It should be noted, finally, who is really rooting for the Affordable Care Act to be a train wreck: It’s people on the left, like L.A. Times columnist Michael Hiltzik, who anticipates that “glitches, loopholes and shortcomings” will lead to a single-payer system. It’s people like Sen. Harry Reid, whom Mr. Hiltzik quotes telling voters back in Nevada that ObamaCare is “far from having something that’s going to work forever.”
Our health-care wars still have a long way to run.
BTW, we still need reform…