Who wins under Obamacare?

If you've been paying attention, you've read that the Pharmaceuticals have been cutting deals with the White House, to avoid big bites by Congress. Why does this remind me of defense contractors? Well, it's the same reason. Government contracts, which are uncompetitive, MUST be profitable. Why, do you ask?

Well, let's imagine you make bombs for the military. What happens if you don't make a profit? You go broke. If you go broke in the middle of producing bombs, the military has a big problem. And, then, there's the political fallout. If the drug producers go broke... Then we have a shortage of drugs, and yet, there's the promise that governemnt would provide them. So, how's it happen? Single payer schemes are single buyer schemes... like military contracts... So, everyone has to make a profit. There's no real need to be competitive, either. Just prove you have to be paid that much, and the government will approve it. Even if it eventually turns out to be twice what it used to be, or needs to be.

The free market forces simply do not exist in either the single buyer, or single payer system. Instead, the seller will do everything possible to justify politically, the highest price possible, while the buyer either pays, or explains to the voters why needs can't be delivered. And, the 'deals' end up being done out of public view. The buyer has no personal stake. It's your money, not theirs, remember.

With a single payer system, the compensation per service will eventually rise to the point where everyone, even the most inefficient, can survive. There will no incentive to be efficient. Just carefuly written lobbying to justify ever higher budgets. Just like government agencies do.

And, eventually... the budgets are kept in check, by simply buying less of everything. Like they do in Canada, UK, etc. And, big business makes out like bandits, the little guys are squeezed out, and we all suffer.