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Old 11-18-2009, 09:56 PM
Location: Hoboken
19,891 posts, read 15,787,124 times
Reputation: 3123


Doesn't matter the Chinese will not allow it. Plus it is far different that the house bill the lefties in the house will shut this thing down.

James Pethokoukis Blog Archive China questions costs of U.S. healthcare reform | Blogs |
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Old 11-19-2009, 08:07 PM
Location: a nation with hope
13,155 posts, read 16,904,825 times
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The country's debt will double over the next 10 years to 24 trillion, and that does NOT include health care. The number you are using for healthcare, which the WH and dems like to use -- $849B - does not include $200B being paid to doctors for what is called the "doctor fix" - making up for what the doctors will "lose" in Medicare/Medicaid payments (which means they lose nothing). The bill is loaded with taxes to help pay for it because it is NOT going to be "deficit neutral" as the President keeps saying.

There will be income surtaxes, employer taxes, taxes on insurance plans, excise tax on children's hospitals, medical devices. Medicare payroll will go up, and medical procedures will be taxed. Health insurers will be taxed. There will be a 40% tax on so-called "cadillac plans" (but unions are exempted - imagine that). And those are only some of the taxes. We don't get to see any benefits until 2014, but we'll start paying immediately.

Just think - $849B plus $200B on top of an existing debt of 12.4T to cover 47% of uninsured?
85% of the population is said to be insured already. So, to use numbers quoted here, the added billions will raise the number of insured to - what was it - 95%? That's only an increase of 10%.
I'm not a math whiz, but something doesn't add up there. Especially since dems admit that 30 million will still be uninsured, and the CBO reports that costs and premiums will increase for all of us.

Wouln't it make more sense to just insure the uninsured for a whole lot less, and make improvements as necessary, step by step?

Liberal or conservative, we are all fodder for this hungry government machine and we will all see our freedoms eroded as the Government takes more and more away from us. The taxes and mounting deficit will collapse our system.
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