{"id":421859,"date":"2010-03-12T05:48:00","date_gmt":"2010-03-12T10:48:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-6186101057385399968"},"modified":"2010-03-12T12:58:39","modified_gmt":"2010-03-12T17:58:39","slug":"jacksonville-observer-robin-lumb-the-%e2%80%98oracle-of-omaha%e2%80%99-still-has-his-blinders-on","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/421859","title":{"rendered":"JACKSONVILLE OBSERVER: Robin Lumb: The \u2018Oracle of Omaha\u2019 Still Has His Blinders On"},"content":{"rendered":"

Friday, March 12th, 2010<\/span> | Robin Lumb, Opinion Columnist<\/span><\/p>\n

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Last week Warren Buffett, the man acclaimed the Oracle of Omaha and the savant who endorsed Barrack Obama in the 2008, weighed in on the Democrat health care \u201creform\u201d plan and confirmed once again that he\u2019s incapable of subordinating his progressive impulses to the dictates of common sense. <\/p>\n

To wit, his statement in a CNBC interview<\/a> when he said that \u201cif it was a choice today between Plan A, which is what we\u2019ve got, or Plan B\u2026 the Senate bill, I would vote for the Senate bill. But I would much rather see a plan C that really attacks costs.\u201d<\/p>\n

Huh?<\/p>\n

I thought that the whole point of the Democrat plan was to reduce health care costs. Wasn\u2019t it President Obama who said that we couldn\u2019t fix the economy until we got health care costs under control?<\/p>\n

Mr. Buffett\u2019s observation that the Obama-Reid-Pelosi plan will do nothing to control costs isn\u2019t news to anyone who\u2019s followed the now year-long debate on health care \u201creform\u201d. What is news is Mr. Buffett\u2019s confession that the \u201c[Democrats] came up with a bill that really doesn\u2019t attack the cost situation that much\u201d while still continuing his support for the folly that is health care reform.<\/p>\n

How come the media isn\u2019t all over this?<\/p>\n

Sorry. Dumb question.<\/p>\n

Despite his refusal to come out in opposition to the Senate bill, at least Mr. Buffett has confirmed, albeit in the eleventh hour, what conservatives have been saying all along: There\u2019s no real \u201creform\u201d in health care reform.<\/p>\n

Rather than restoring the market conditions that would \u201cbend the cost curve downward\u201d, the Democrat plan doubles down on entitlement spending and increases the demand for health care services without doing anything to improve supply.<\/p>\n

In fact, the Senate bill that Nancy Pelosi is so desperately trying to get passed in the House is a prescription for significantly higher health care costs in the years ahead.<\/p>\n

Here\u2019s why the Democrat plan will make health care more expensive:<\/p>\n