current event #4: Obama takes aim at deceptive health ads-http://www.msnbc.msn.com/id/33354780/ns/politics-health_care_reform/

Since Obama's election into presidency, he has promised a health care reform that will give citizens who were not able to have health insurance before because they coud'nt afford it, more affordable health insurance.many americans go through their daily lives uninsured because of the high costs of coverage and it isn't fair that they should be denied coverage because of their economic problems.

This article is about how Obama spoke out against critics of his health care plan by stating that without reform,costs will continue to rise and eventually devestate the U.S. economy. there is new legislation being considered that would extend healthcare to millions of people. The president said that rising health care costs have "unleashed havoc on families,businessess,and the economy" and he talked about how whenever they have tried to reform the system in the past, insurance companies try to stop it from happening, because lower health care costs means money loss for those companies.Though the health insurance industry has claimed that the finance committee bill would raise premiums for people who already have health coverage,causing them to be effected because of those who can't afford the current cost of insurance. But the president claims that the health insurance industry is misleading the american people.

Although this reform does mean people who are already covered have to pay more, I think it is a good idea because then people who couldn't afford the insurance will be able to. Though it will be a big price to pay for the billions of dollars being cut from future medicare payments to health care providers.This also means higher taxes, but without this reform, costs will rise and in the long run, this will mean lower salaries and a higher unemployment rate.It will also mean lower profits for businesses and an increase in the amount of people uninsured.

I think that in the end, this reform is a small price to pay considering how much the greater the cost will be if action is not taken soon.