Even this will likely prove to be an underestimation of the true long-term costs. No other Big Government program has ever stayed within an order of magnitude of the promises made when it was signed into law. Medicare originally cost about $3 billion, when it began in 1965, and was projected to cost about $12 billion by 1990, adjusted for inflation. The actual cost in 1990 was nearly ten times that figure, $107 billion. It was up to $440 billion by 2007. The architects of the program would have been run out of town on a rail, if these future costs had been known to the voters of 1965.Perfectly written and offers a stern warning of what is to come. Unless you believe in unicorns, there is no reason you should believe or trust the promises outlined in ObamaCare
healthcare
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Why ObamaCare is destined to fail.
2009-11-09T00:22:00-05:00
Arkady
healthcare|
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