Under [Obama's] plan, according to a CBO analysis, the government will be spending 24.5 percent of gross domestic product -- the total value of the national economy -- by 2019 while raising only 19 percent in revenue: a huge, unsustainable gap. ~Fred Hiatt, WaPO.
I just love it when a guy gets me! A guy who sees the liberal need to reform health care, but to do so with out bankrupting our future and the stability of this country!
From Fred Hiatt of the Washington post:
The House passage of health-care reform Saturday night should be a moment of celebration. In a country as wealthy as America, no one should have to go without medical care. As in other developed nations, everyone should have access to doctors, to medicine, to preventive services. The House bill would take America a giant step closer to that goal.
Here is the dilemma: The bill also could take America a step closer to bankruptcy. And for progressives in particular -- for those who believe that government has a mission to help the poor and protect the vulnerable -- that prospect should be alarming. If federal debt continues rising on its present path, hastened by a $1 trillion health-care bill, it is the poor and vulnerable who will be most harmed.
I would stop here and add that as a health care provider, I can say the middle class will also be harmed by the reforms hurling through Congress, but the only way to get liberals' attention these days it to ignore the impact on middle class. We witnessed this week how little liberals care about middle class women when it comes to their reproductive care as an example of stample ahead no matter who gets hurt health care reform. MD shortages in primary care will impact middle class health care without proper channeling of resources. Elderly women will be denied "lifestyle" care such as knee replacements when push eventually comes to shove for resources. Comparative studies will preclude women from getting care that may work best on women b/c O's government studies did not look at gender alone and will fix treatment choices to those best for men. Personalized medicine will slow to a crawl when the money dries up. The list goes on.
More fron the Wapo op/ed;
Health-care reform should not add to the deficit. {says Obama}
Unfortunately, the House bill fails his first test. True, the Congressional Budget Office has said that the bill is paid for. But the CBO is not allowed to count $250 billion in projected Medicare payments to doctors over the next 10 years, because the House -- after first acknowledging that cost in its reform bill -- decreed it had nothing to do with reform because lawmakers didn't want to pay for it.
Nor is the CBO permitted to ask whether Congress will truly cut hundreds of billions of dollars from Medicare programs in coming years, as the House bill assumes. History suggests that legislators will not be deaf to the complaints of seniors and those who treat them when it comes time for the axe to fall.
More:
The root difficulty is Obama's insistence that the nation can afford a large new social program without raising taxes on anyone who earns less than $250,000 per year.
Under his plan, according to a CBO analysis, the government will be spending 24.5 percent of gross domestic product -- the total value of the national economy -- by 2019 while raising only 19 percent in revenue: a huge, unsustainable gap.
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Sadly this is where liberals forget that math counts. Liberals who see Daddy with an open checkbook forget that when the money runs out, the pain will increase.
For a cheeseburger today, I will gladly pay you next Tuesday, so the saying goes.
Obama, I am convinced is as nuts on this issue as Bush was over the war. Lie cheat and steal, to get us in past the point of no return. But the reality is, and Obama knows this: a war can be drawn down; entitlement programs stay pat even if they bring down the economy of country with them.
Comments
I just heard a guy from the
I just heard a guy from the Financial Times (talking on MSNBC) that the U.S. spent double of what it took in from tax revenue this year!
I'm in 2nd year of college. I guess we won't be singing that song, the one about 50K a year buys a lot of beer.
I've been reading this site
I've been reading this site for some time. I agree with your assessment that Obama knows we will have to institute masssive new taxes to pay for his programs. As I remember you've warned about national sales taxes in addition to increased income taxes.
I'm an independent. My ilk, according to a new Gallup poll really want out of Obamacare:
Would you you advise your member of Congress to vote for or against a healthcare bill this year?
44% of Independents say vote against vs. 22% vote yes. A two to one margin against Obamacare!
http://www.gallup.com/poll/124202/No-Clear-Mandate-Americans-Healthcare-...
The question is why are
The question is why are Democrats so obsessed with the public option. Competition? There is no evidence that a public option will do anything more to spur competition than expanding private insurance markets.
Obama admitted long ago that he would use the public option to bring about single payer. Obama has a trust problem in just about every demographic. He's sold out gays, women, and the center. He sold out the left on torture and he is trying to find ways to sell out his own General on Afghanistan. He sold out the middle class. He sold out Palestinians after he sold out Israel. Who didn't he sell out? Skip Gates and his affirmative action victim crowd. I really think that was a defining moment in Obama's presidency. That was Barack's 3 am call.
Forbes- "Then there's the
Forbes-
"Then there's the broader debate about health care itself, which has become little more than a cornucopia of myopia. The Democrats are so obsessed with the prospect of making history, and fixated on the public option as the means to an end, that they haven't noticed that the bills they are moving may in fact degrade the current system and actually increase costs for consumers and the Treasury. This is not the conclusion of conservative ideologues, but of a number of moderate Democrats and independent experts that The New York Times quoted Tuesday in a damning report headlined "Missing in Health Bills: Solutions for Rising Costs."
http://www.forbes.com/2009/11/10/economy-health-care-banks-opinions-colu...
New AP Poll 56% of Americans
New AP Poll
56% of Americans think the country is headed in the wrong direction
38% op Americans think the country is headed in the right direction.
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