Health Care Crisis

The lack of a national healthcare program has stranded 45 million Americans without adequate health care. Huge health care costs for employees and retirees are pushing local governments to the brink and putting US companies at a significant competitive disadvantage against foreign competitors. When places like Buffalo go bust, we'll be stuck with the bill through higher taxes or drastic cuts in police protection and other essential services.

In addition, we need an economy that hits on all cylinders, and to do so requires that we ratchet up the pace of innovation and "creative destruction." A national health care program would encourage new business formation, because would-be entrepreneurs would no longer be dependent on their current employers for health care coverage. And new businesses would be more likely to hire additional employees, because health care financing would no longer be tied to employee head-count.

Let's get US businesses out of the health care financing business and into what they do best.