Of course it’s self funding

Dear leader has said that the public option, the so called plan to provide competition and keep the markets honest, will be self funding.  Well, of course it will.

Majority Leader Harry Reid is considering a plan for higher payroll taxes on the upper-income earners to help finance health care legislation he intends to introduce in the Senate in the next several days…

It’s easy to “self fund” when you have the power to steal.

The government has the one power that no competing private insurer has: that of confiscation through force.  So, when the government plan drives down its prices, it can simply raise revenues through theft.

Of course, as I’ve already written about “pooling”, the entire plan revolves around theft.  It requires forcing others to pay for what they don’t desire.  That’s not how markets work, and it’s not how free societies work.  It is however how totalitarian states do.

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