Bring Blacks Back to the Right Side
$1 Trillion Gamble
The latest push to force the public option on the American healthcare system is a last ditch effort by the Radical Left (i.e., Pompous Pelosi and the Congressional Crack Caucus) for a single-payer system. What’s so bad about the government running our health care system? Everything.
Dare I mention dash-for-clunkers (car sales have now plummeted), the U.S. Post Office (billions of dollars in the red), or Medicare/Medicaid? Since we are talking about health care let’s look at how efficient our government has been.
In 1965 our beloved government told us Medicaid would cost $238 million in its first year, but costs slightly overran to more than $1 billion. Medicare, so they said, would cost $12 billion in 1990, but its costs slightly increased to $90 billion in 1990.
So let’s look at this again. Medicaid exceeded first year projections by $700 million, and Medicaid exceeded twenty-five year projections by almost $80 billion.
Do we really want to gamble on a $1 trillion projection based on our government’s track record of coming in under budget?
Dare I mention dash-for-clunkers (car sales have now plummeted), the U.S. Post Office (billions of dollars in the red), or Medicare/Medicaid? Since we are talking about health care let’s look at how efficient our government has been.
In 1965 our beloved government told us Medicaid would cost $238 million in its first year, but costs slightly overran to more than $1 billion. Medicare, so they said, would cost $12 billion in 1990, but its costs slightly increased to $90 billion in 1990.
So let’s look at this again. Medicaid exceeded first year projections by $700 million, and Medicaid exceeded twenty-five year projections by almost $80 billion.
Do we really want to gamble on a $1 trillion projection based on our government’s track record of coming in under budget?
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