This rolled out by Jeff Immelt at GE this morning.
I caught the first few minutes of the presentation, and it was enough to cheer the heart, at least a bit.
There are solutions to the health-care mess in this country. They are being created in the Third World, and exported back to us.
Now if the Federal Guv'mint will stay out of the way, and allow innovation to proceed.
Immelt made very clear: 'GE is not a charity. We're here to return profit to our investors.' But he also emphasized that countries with good health care in place, and a healthy citizenry, tend to be more wealthy.
He's right!
But, the national health care proposals proposed by Obama and the Congressional Democrats will overwhelm any creation of wealth resulting from improved health care.
We're already looking at 50-something trillion (that's with a 'T') in unfunded obligations at the Federal level. The 'solution' now traveling through Congress will not even be read, much less debated. No one knows, outside of the authors of the legislation, what mischief is contained within those hundreds of pages of numbing prose.
At least in the UK, they held an open debate on the subject, and the discussion continues to this day.
Do we really, really want our health care in the hands of the people who brought us Amtrak, Fannie and Freddie, the TARP, and the current management of both our banking and auto sectors?
Are these people really trustworthy?
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