Wednesday, April 21, 2010

Healthcare Unsustainable Period.

Go to 5:20 in the video. 45 trillion in unfunded liabilities relating to healthcare costs. If you look at the Obama plan it's a pipe dream given the GDP growth rates. With made up government statistics we will probably hit the projected numbers but in the real economy things won't get better. Just google Boskin study if you want to see how these government figures are manipulated.
How are programs called entitlement programs when you pay into Social Security and Medicare your whole life? Money printing ends ugly!

1 comment:

Monkey Ass said...

Change your drawers, LBL, you're way off on this one. Gov't projections are estimates, and just because they don't predict them exactly doesn't mean they are "manipulated." That's conspiracy theory bullshit. Obama's plan will work. Yes We Can.