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To: Kaslin

The cost of Medicare is a good place to begin. At its start, in 1966, Medicare cost $3 billion. The House Ways and Means Committee estimated that Medicare would cost only about $ 12 billion by 1990 (a figure that included an allowance for inflation). This was a supposedly “conservative” estimate. But in 1990 Medicare actually cost $107 billion.

http://reason.com/archives/1993/01/01/the-medicare-monster

Given the fact that Congressional mendacity is more developed now than in 1966..we can definitely expect several orders of magnitude worse...


7 posted on 03/15/2012 4:23:47 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: mo

Precisely!

So with history as our guide, we choose to ignore it.

Remember in recent memory, when Republicans were accused of letting medicare or Social Security die on the vine? I can’t remember which one, but it really doesn’t matter it is two peas in a pod. The howls of pain and anguish from dems could be heard world wide.

The dems steal a half trillion dollars to help “pay” for Obama care and not a peep.

I call hypocrisy, for all the good it will do.


11 posted on 03/15/2012 4:50:10 AM PDT by wita
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