I have been littering the political posts of A|R with comments about policies being proposed by either McCain or Obama. In some cases I have alluded to other things I think they should be considering. And in both cases I think that the parties and the candidates are missing the boat.
Energy...
The Democrats are complaining that we can't drill our way out of this. They are whining that it will take 20 years for drilling to have any effect...
- First, that is a lie. It will be more like 3-5 years, but the effects would be felt immediately in the futures market.
- Second, 12 years ago, Clinton vetoed a bill from the GOP controlled Congress that owuld have opened up ANWR... that oil would be on the market right now.
So, to fix the problem in the beginning, open up ANWR, the OCS (Outer Continental Shelf) and the FGS (Florida Gulf Coast) for drilling. The 68m acres that the Democrat leadership is talking about are not productive areas... Drilling where the oil isn't is stupid... they know it. 70 of the people in the country want drilling and they want it NOW.
Two things will be accomplished with this. First, by NOT importing 4,000,000 barrels of oil each day, we won't be sending $400M - $600M each day to countries like Venezuela, Saudi Arabia and Iran. Second, the royalty that the federal government gets from a barrel of oil is 18%. So, they would increase their revenue by $72M - $106M each day. That means that by sourcing 4M barrels of in the US rather than elsewhere, the government would get between $25B and $40B each year.
It is time to build nuke plants. Even France generates 80% of it's electrical power from nuclear plants. There is NO reason that we can't match that. Free up the natural gas for transportation.
The next thing to do is put a man on the moon develop ground-breaking technologies to wean us off of oil for other purposes. Transportation may be the toughest... but it is also not the biggest problem.
Healthcare...
Despite the noise from the left, no other country can match the access to healthcare available in the US. Don't tell me about how healthcare is useless unless you can afford it. Every time there is a story about someone not being able to get healthcare because of a lack of insurance, there is a story about people going to jail and companies being fined many times the cost of care. You CAN NOT be legally turned away from a facility because of a lack of ability to pay.
And yet, all... ALL... ALL of the countries that are pointed to as examples have healthcare rationed and people DIE waiting in line to be treated. So, for those that say it doesn't matter if you can't aford it, I say All of the affordability in the world doesn't matter if you can't get treated.
So, what can we do to reign in prices, especially for the uninsured?
- First, healthcare providers need to publish EVERY price for EVERY procedure, service or product they provide. It needs to be public and it needs to be widely available. They already have codes that are standardized throughout the industry for every concievable aspect of care. They should make it available on their website and in print form for the cost of the print.
- Second, and this is important, each provider can only have ONE price for a service, procedure or product. If you are paying cash, you pay the same as the biggest insurance company. No negotiated fees. A hospital can't charge the Bailey's $12,000 for delivering a baby, or charge the insurance company $4,000 for the exactlsame baby.
Would people go to compare the costs and reputations of every provider while they are in the ambulance after an auto accident? No. But I can guarantee that there will be scores of companies that will do just that and the information about how good a given provider is v. their cost will be ubiquitous.
And most of the people that are uninsured are uninsured by choice. I have employed too many people that could pay $400/mo. for a car and $100/mo. for a phone, but couldn't manage $150/mo. for the employee portion of their healthcare. I know it is WAY more expensive for us. I could buy a rental home with what my family pays for our policy. But limiting competition and putting the least efficient provider in charge is NOT the solution.
And it could be implemented in weeks.
Taxes and the Economy...
They are inextricably linked. As is housing and transportation. Again, despite the whining from the Democrats in the House and Senate about "the last eight years", the damage has mostly been in the last two years. In the previous six years, the Clinton Recession was turned around, despite terrorist attacks that hurt the economy in addition to killing thousands of Americans on our own soil.
Look at what we had going two years ago in regards to unemployment, inflation, oil, the value of the dollar. Also keep in mind that the Democrats couldn't get traction on the economy during the mid-term elections... they ran on the war. Now, with two years of "leadership" from Democrats in the House and Senate... it REALLY is starting to suck. So, these are the folks with a roadmap?
It is time to really shake things up. FairTax. Dismantle the IRS. Make the US the biggest coporate tax haven on the planet. After the FairTax is adopted, people would have to hide under a rock to avoid a job. We have among the highest corporate taxes in the world. And we wonder why companies want to be headquartered elsewhere? US companies have to pay taxes on international profits... foreign companies don't have to pay taxes in their home country on earnings here. And we wonder why companies want to be headquartered elsewhere? We can fix that, simplify life for business owners and non-business owners alike. We can end the intrusion of the government into people banks accounts and life. We can tax the underground economies. And we can surtax illegal residents... all in one fell swoop.
So, there you go...