Naive, Hypocritical and Dishonest

easymoney

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WASHINGTON -- It's hard to know whether President Obama's health care "reform" is naive, hypocritical or simply dishonest. Probably all three. The president keeps saying it's imperative to control runaway health spending. He's right. The trouble is that what's being promoted as health care "reform" almost certainly won't suppress spending and, quite probably, will do the opposite.

A new report from Obama's own Council of Economic Advisers shows why controlling health costs is so important. Since 1975, annual health spending per person, adjusted for inflation, has grown 2.1 percentage points faster than overall economic growth per person. Should this trend continue, the CEA projects that:
-- Health spending, which was 5 percent of the economy (gross domestic product, GDP) in 1960 and is reckoned at almost 18 percent today, would grow to 34 percent of GDP by 2040 -- a third of the economy.
-- Medicare and Medicaid, the government insurance programs for the elderly and poor, would increase from 6 percent of GDP now to 15 percent in 2040 -- roughly equal to three-quarters of present federal spending.
-- Employer-paid insurance premiums for family coverage, which grew 85 percent in inflation-adjusted terms from 1996 to $11,941 in 2006, would increase to $25,200 by 2025 and $45,000 in 2040 (all figures in "constant 2008 dollars"). The huge costs would force employers to reduce take-home pay.
RealClearPolitics - Naive, Hypocritical and Dishonest

More smoke and mirrors that will cost us trillions...
The president keeps saying it's imperative to control runaway health spending.
He must mean like the stimulus and bailouts saved us money... It is uterly impossible for a liberal to cut spending and barry is the master of deception.
Name one area in the federal government where there has been any spending cuts? Quite the opposite...
 

FoCoHugh

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I called many people in my family, and some friends, and begged them to not vote for this guy.

I tried.
 

MULEY51

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I called many people in my family, and some friends, and begged them to not vote for this guy.

I tried.

Nice try. Problem is, most of the sheeple that voted for the yahoo still believe all of the crap he is putting out. OPEN YOUR EYES PEOPLE!!!:mad-fumin-red:
 

inchr48

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I saw a bumper sticker Saturday that said,

"I have a Savior,

I'm trying to find a President."
 

easymoney

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Problem is, most of the sheeple that voted for the yahoo still believe all of the crap he is putting out.
Sad truth is, you are spot on... They eat up anything coming out of his mouth as gosple.
Economics like most science is based in fact and 2 = 2 does not equal a minus, it equals more...
 
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