The Thursday wrap (Spendaholic Barack, Claude Castonguay - designer of Canada's Deathcare™)

Pittsburgh Live ^ | 8/06/09

[Libloather]

The Thursday wrap
Thursday, August 6, 2009

Spendaholic Barack: CBS News reports that "so rapid is the pace of deficit spending by the federal government that the national debt has increased (by more than) a trillion dollars since President Obama took office." To put this in perspective, that's a $1 trillion-plus increase in just under seven months. The deficit increased under George W. Bush by $4.9 trillion in eight years. You do the math. Then cringe.

Confessions of an architect: You probably never heard of Claude Castonguay. He's the fella who designed Canada's government-run health care program. And it's a monumental failure. So much so that Mr. Castonguay now is advocating contracting out services to the private sector and returning to private health insurance. Reminds Manhattan Institute scholar David Gratzer, "The problem is that government bureaucrats simply can't centrally plan their way to better health care." It's something bureaucrats never learn.

Have you slept in a Ford lately?: The Ford F-Series pickup truck continues to be the industry's top-selling vehicle.

[Libloather]

"We thought we could resolve the system's problems by rationing services or injecting massive amounts of new money into it," says Castonguay. But now he prescribes a radical overhaul: "We are proposing to give a greater role to the private sector so that people can exercise freedom of choice."

Canadian Health Care We So Envy Lies In Ruins, Its Architect Admits (crushed in only 40 years!)

[Libloather]

I emailed CPR. They should interview Claude Castonguay and place him in a few TV ads.

[Signalman]

The deficit increased under George W. Bush by $4.9 trillion in eight years

Shouldn't that say, "The national debt increased..."?

[uncbob]

CBS News reports that "so rapid is the pace of deficit spending by the federal government that the national debt has increased (by more than) a trillion dollars since President Obama took office."

CBS actually reported this on the news ----What gives ?