At our law firm, we help clients deal with complex business transactions that are affected by federal regulations in very select practice areas. It seems like every year the regulatory superstate keeps generating more and more rules. Ultimately you, the consumer, will end up paying more for a good or service because of it.
Every market you can think of is impacted by federal regulations. And every American should be concerned. Regulating healthcare has long been a favorite of governments. Advocates of governments in healthcare won a major victory with ObamaCare. If a majority of Americans knew what this law really did, they’d be demanding an immediate repeal.
I strongly doubt we will repeal the ObamaCare law. Why? ObamaCare is a piece of a large puzzle. It is part of a system rooted of leftist thinking dating to at least the New Deal period. We simply cannot repeal a system by repealing one law. At least not with the vote margins Republicans enjoy in the Congress. Heck. Republicans are partly to blame for this mess. We have folks in our party that support a strong role for the federal government in healthcare.
A federal court win nullifying all or part of the law would be a good win. This may still happen. But it will likely not be a complete and clean repeal. There will be a lot of work to do to reverse this wrongheaded policy approach that has been with us for decades. For the foreseeable future, socialized medicine is here to stay.
What is truly frustrating is that I do not hear any Republican in Congress, with the possible exception of Rep. Paul Ryan and a few others talking about what really needs to be done to start containing the regulatory superstate: reforming the tax code. Part of that reform process has to change how we clobber health insurance markets with the taxes.
What does all this mean for folks like you and me when it comes to healthcare? We are creating a market of haves and have nots. Healthcare rationing. Doctors practicing more and more defensive medicine. Drug prices will increase. Quality of care will not be the same; it will be worse. And then there is your privacy. This too will come under assault.
Reforming the tax code may not sound sexy. It sounds really dry and boring from a messaging standpoint. But the Republicans seems to be leading lately with sloganeering rather than a focused conservative agenda. What has that resulted in? Smaller and smaller majorities in Congress, for starters. Also, most Americans have no idea what we stand for because the Left has done a better job at telling people lies about our agenda.
Where is the good news in all this? Look to the states. We have an army of Republican Governors and state legislature controlled by Republicans. It is out there, not in DC, where Republicans could mount some solid offensives to stem the growth of the federal regulatory superstate. Electing more Republicans to Congress will help, over the long run, but we need more conservatives in Congress, not just Republicans.