Obamacare: Robert Reich Tells “the Truth” About the Downsides of Health Care Reform

Back in 2007, former Robert Reich told an audience at UC Berkeley what an “honest” presidential candidate would tell the country that health care reform would require.

First, young people will have to pay more for their health insurance.  No question there under Obamacare, because one price fits all.

Second, elderly people will be rationed out of life saving care and will die earlier due to the expense of maintaining their lives.  This has been discussed extensively, and the denials by the usual suspects ring false.

Third, medical and scientific innovation would be stifled because of the financial pressures put on drug companies, meaning that the next generation won’t live much longer than the current generations.

And the audience applauded—particularly about imposing a duty to die on the oldsters.  Wow.

Here, listen for yourselves:

The speech wasn’t about Obamacare precisely, because the current bills had not, obviously, been filed yet. But the plans were already in the works. Moreover, it seems to me that Reich was precisely on target about the foreseeable consequences of passing Obamacare. And these just scratch the surface. Yikes.