Obamacare Still Kills Dan Schneider, Sen Mike Braun, Barbara Kolm, and Tim Lee - CPAC FL 2022
CPAC Executive Vice President Dan Schneider moderates a panel at CPAC Florida 2022 with Indiana Senator Mike Braun, Barbara Kolm of the Freidrich A. Hayek Institute, and Tim Lee of the Center for Individual Freedom.
The panel advances the notion that Obamacare hurts patients, discourages innovation in the medical field, and hurts the integrity of intellectual and physical property rights in healthcare.
Senator Braun grappled with the challenges of the healthcare system with his own company fifteen years ago and now is grappling with it as a U.S. Senator. He has observed the absurd increase in cost of health insurance, the difficulty in accessing care, and the decreased value of medical intellectual and physical property. The result has removed incentive to research and develop new cures, medicines, and tools in medicine. Since the Great Society era, the government has repeatedly demonstrated its incompetency. As such, socialized healthcare simply cannot effective.
Across the pond, Kolm has witnessed national healthcare destroy ingenuity all over Europe. In Germany and Austria, countries formerly frontrunners in inventions, Kolm has seen drastic declines in the number of patents. The yearly number has decreased to almost zero, she says. Additionally, the price controls imposed on medicine in European systems, a model Pelosi and Schumer wish to replicate, have failed and, in Germany for example, burden two-thirds of the country’s national debt.
Lee, as a leading expert on intellectual property, notes that the United States is responsible for producing 70% of the world’s new drugs precisely because our Constitution is meant to protect intellectual property rights. Intellectual property rights are the basis for American ingenuity. The Left launched an attack on these rights during the pandemic when they attempted to force vaccine inventors to forfeit their creative rights to the federal government. Such an affront is not just an attack on the specific vaccine creators but on the integrity of intellectual property rights, which is in turn, an attack on the very foundation of American society.