As the healthcare deabte unfolds, opponents of a public plan can unroll video after video after video demonstrating that those pushing a public plan see it as the foot in the door to single-payer, government-run healthcare.
On the second point, Pres. Obama has now publicly admitted that “there is a legitimate concern if the public plan was eating off the taxpayer trough, it would be hard for private insurers to compete.” The public will quickly come to realize that unfair competition is the entire point of a public plan.
All anyone need do to demonstrate the point is to ask what would happen if the public plan ran into financial trouble. Does anyone seriously think that after bailing out Fannie Mae, Freddie Mac, AIG and GM (soon to be owned by the very UAW whose legacy healthcare costs made GM’s business unprofitable), the feds would fail to shovel money into a public plan far beyond the $10 billion in seed money Sen Chuck Schumer is already trying to lift from the taxpayers’ wallets?