Worst Argument Against Health Care Reform Ever.
Megan McArdle rants on BloggingHeads Tv that health care reform will kill people. McArdle gives the libertarian argument that health care reform will kill the competion for innovative new drugs. Mark Schmitt literally laughs at her argument.
Obama's health care plan does not kill private pharmacuitical companies. McArdle fails to understand market is created by demand. There will always be sick and terminally ill patients. The demand for current and new drugs is there during economic prosperous and weak times. The pharmacuitical industry couldn't have a better market. Medicine is not a luxury item. People need it to live.
The Bush administration hindered choice and competition. President Bush refused to allow cheaper drugs to come from Canada. Senator Orrin Hatch explain if we import drugs the terrorist wins.
Senator Orrin G. Hatch, Republican of Utah, said, ''If this proposal becomes law, we are just placing our country in the hands of foreign terrorists who could easily get hold of various prescription drug products and spread desolation and disease.''
That is a silly argument. The FDA can screen the drugs. No one is arguing to have unsafe drugs enter the country. It is amazing Republicans are arguing against free trade and competition. Not so amazing considering what pharmacuitical companies spent contributing to the Republican Party during the 2004 and 2006 campaign cycles. Conservative ideology for free markets takes a backseat to lobbyists.
I'm not suprised McArdle would argue against health care reform. She defended accused murderer Scott Roeder and professed her crush on Bobby Jindal. There is no reason to expect McArdle to make a rationale argument. What I don't understand is why anyone would pay her to blog?