Monday, 15 June 2009

Obama - If we do not fix our health care system...the US could go broke

President Obama is facing a stiff fight against the medical establishment in his attempt to bring about systematic health care reform in the U.S. Just as Bill Clinton, with his wife at the time leading the initiative, Obama is finding that the special interests throughout the entire medical/pharmaceutical sector are deeply entrenched in opposition to democratizing the health system.

Addressing the AGM of the American Medical Association Obama confronted a less than enthusiastic reception when outlining his agenda for reform, as most doctors present at the AGM were more concerned about limiting malpractice awards.

The following article captures the mood of the meeting:
CHICAGO (AP) -- President Barack Obama bluntly told doctors Monday he is against their highest legislative priority -- limiting malpractice awards -- and earned a smattering of boos from an audience he was here to court for his health care overhaul plans.

Addressing the doctors in Chicago, the president said for the first time publicly that health care reform, including covering the almost 50 million Americans who have no insurance, would cost about $1 trillion over 10 years.

"That's real money, even in Washington," he said. "But remember: That's less than we are projected to have spent on the war in Iraq. And also remember: Failing to reform our health care system in a way that genuinely reduces cost growth will cost us trillions of dollars more in lost economic growth and lower wages."
To size up the stakes of the battle ahead Obama also made the point
"If we do not fix our health care system, America may go the way of GM -- paying more, getting less, and going broke."
One doesn't have to take a firm standpoint on the medical system overhaul debate either way, to be somewhat galvanized by a President saying that America could go broke.

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