NEW YORK, June 9 /PRNewswire-USNewswire/ -- In his Saturday weekly radio address, President Obama referred to the dangers of "skyrocketing costs" of healthcare. This doomsday scenario is untrue.
The truth is that healthcare spending is increasing at more moderate rates than in previous decades. Spending increased by 10% in 1970 and 13% in 1980. But over the last five years, spending increased less than 7% each year and reached a low of 6% in 2007. For more of the truth, backed up by government data, see "Downgrading American Medical Care," at www.spectator.org.
The evidence shows that Americans can afford their current standard of healthcare. They do not have to settle for the skimpier standards of care imposed by most European governments. What Americans cannot afford is a healthcare overhaul based on misinformation.
"The President and his advisors owe the American people the truth, not misleading economics to back up their political agenda," states Betsy McCaughey, Ph.D., a patient advocate and author of "Downgrading American Medical Care."
"Slowing the flow of dollars into healthcare, as the President requests, will mean cuts in hospital budgets, nurses spread even thinner, fewer diagnostic machines, and waits for treatment," McCaughey warns. "It's an outrage that Americans coping with serious illnesses will have to make do with less."
Betsy McCaughey is Founder and Chairman of the Committee to Reduce Infection Deaths (RID) and a former Lt. Governor of NYS.
|SOURCE Committee to Reduce Infection Deaths|
Copyright©2009 PR Newswire.
All rights reserved