Morning Bell: Obama’s Empty MedPac Promise

Conn Carroll / July 23, 2009

Americans may distrust economists, and most of them would have a rough time with an Econ 101 final exam if they had to take it today, but through everyday experience Americans also have internalized one of the most fundamental concepts of economics: there is no such thing as a free lunch. And it is because Americans instinctively believe in this fundamentally conservative concept that poll after poll shows Americans no longer trust President Barack Obama on health care. Americans know Obama is not telling the truth and that fact was crystallized in this exchange from last night’s press conference:

JAKE TAPPER ABC NEWS: You said earlier that you wanted to tell the American people what’s in it for them, how will their family benefit from health-care reform. But experts say that in addition to the benefits that you’re pushing, there is going to have to be some sacrifice in order for there to be true cost-cutting measures, such as Americans giving up tests, referrals, choice, end-of-life care.

When you describe health-care reform, you don’t — understandably, you don’t talk about the sacrifices that Americans might have to make. Do you think — do you accept the premise that other than some tax increases, on the wealthiest Americans, the American people are going to have to give anything up in order for this to happen?

PRESIDENT OBAMA: They’re going to have to give up paying for things that don’t make them healthier. And I — speaking as an American, I think that’s the kind of change you want. (more…)