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Another Unaffordable Entitlement
IBD Editorials ^ | October 25, 2010 | Investors Business Daily staff

Posted on 10/25/2010 6:56:27 PM PDT by Kaslin

ObamaCare: Finding things we don't like in the Democrats' overhaul legislation is becoming an almost daily event. Add to the list the possibility that a provision in the bill could be almost six times more costly than the initial estimate.

(Excerpt) Read more at investors.com ...


TOPICS: Culture/Society
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1 posted on 10/25/2010 6:56:27 PM PDT by Kaslin
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To: Kaslin

btt


2 posted on 10/25/2010 7:23:19 PM PDT by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, retired Military, disabled & Seniors)
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To: Kaslin

The Progressive wanted nothing more than a complete Government takeover of the healthcare industry and will ultimately get what they want. The Government runs the Postal Service, Social Security, Medicare, and Medicaid. None of these are financially sound. I have a bad feeling their effort to run healthcare will be just as successful.


3 posted on 10/25/2010 7:29:22 PM PDT by antidemoncrat
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To: Kaslin
IMHO we will be VERY lucky that the real cost of ObamaCare is only ten times the numbers generated to justify the bill's passage.

I can think of no Federal Program that has ever run anything close to the official, pre-signing, estimates. This ranges from highway projects to the “War on Poverty” to Medicare, to Medicaid, to Social Security, to whatever.

And now the great dimocratic economic guru (Kugman) is saying the root cause of program failures is we didn't spend enough.

4 posted on 10/25/2010 7:34:53 PM PDT by Nip
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To: Kaslin

Six times...

Ten times...

Fifty times...

What the hell difference does it make? It’s all just Monopoly money at this point.

It’s like a guy who found out he only has a month to live draining his savings and maxing out his credit cards before he meets his doom. Only this is our Country that’s dying.

FUBO!


5 posted on 10/25/2010 7:49:59 PM PDT by TruthHound ("He who does not punish evil commands it to be done." --Leonardo da Vinci)
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To: Kaslin

All entitlements cost much more than its proponents initially claim. That’s how the government works.


6 posted on 10/25/2010 8:57:23 PM PDT by TheThinker (Communists: taking over the world one kooky doomsday scenario at a time.)
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To: antidemoncrat
None of these are financially sound

Excuse me but you forgot AmTrak and NPR.
7 posted on 10/25/2010 9:06:01 PM PDT by JSteff ((((It was ALL about SCOTUS. Most forget about that and HAVE DOOMED us for a generation or more.))))
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To: JSteff

I know, they have screwed up so many things it is hard to keep track.


8 posted on 10/26/2010 4:21:17 PM PDT by antidemoncrat
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