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 PREPOSEROUS OBAMACARE CLAIM!

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Abracadabra
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PostSubject: PREPOSEROUS OBAMACARE CLAIM!   Mon 10 Jan 2011, 10:37 am

Of all the claims deployed in favor of ObamaCare, and there are many, the most preposterous is that a new open-ended entitlement of insuring 32 million more people will somehow reduce the budget deficit and save money too!

The accounting gimmicks are legion, but to pick out a few:
It uses 10 years of taxes to fund six years of subsidies.
Social Security and Medicare revenues are double-counted to the tune of $398 billion.
A new program funding long-term care frontloads taxes but backloads spending, gradually going broke by design.
The law pretends that Congress will spend less on Medicare than it really will, in particular through an automatic 25% cut to physician payments that Democrats have already voted not to allow for this year.

The CBO budget gnomes are required to "score" what's on paper in front of them, no matter how unrealistic, and that's the method its Congressional masters prefer. The political class makes believe that CBO's forecasts are carved into stone tablets through divine revelation, but all they really show is that politicians have rigged the budget rules to hide the true cost of entitlements.



Hope and change voters....do not forget to after you enjoy a  with obama Kool-Aid....sweetened with NutraHope!

Many people (that I know) are alive only because it’s illegal to shoot them.

Ronald Reagen said it best.......The trouble with our liberal friends is not that they are ignorant, but that they know so much that isn’t so.

"You can ignore reality, but not the consequences of ignoring reality." Ayn Rand

The truly educated never graduate !

When the Going Gets Tough, the Tough Get Going. The Smart Left a Long Time Ago.

I have always said I don't care what you do or with whom you do it, but don't demand that I think that it is normal or that it is OK!!!!

Only two things are infinite, the universe and human stupidity!
how rude

Defining....Abracadabra … cursing censored
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PREPOSEROUS OBAMACARE CLAIM!

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