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Best case scenario

Best case scenario

at least if one is dealing with reality rather than hope, is that Obamacare increases the deficit dramatically:

President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a Republican member of the board that oversees Medicare financing.

The study is set to be released Tuesday by Charles Blahous, a conservative policy analyst whom Obama approved in 2010 as the GOP trustee for Medicare and Social Security. His analysis challenges the conventional wisdom that the health-care law, which calls for an expensive expansion of coverage for the uninsured beginning in 2014, will nonetheless reduce deficits by raising taxes and cutting payments to Medicare providers.

But, but, it’s called the Affordable Care Act.  Yeah and Obama’s campaign theme was Hope and Change.

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Comments

next we’ll have the ALA…affordable lawyers act..fools in this country better not re-elect him or we are sunk.

“You can’t vastly expand and subsidize gold-plated health-care insurance and expect to save money.”

OK, that’s the money quote. And, yeah, Jenn Rubin wrote it. But it is still true and succinct.

Plus, NONE of these assessments factor in the inevitable benefit creep we KNOW will occur. (And, no, that was not an Al Sharpton shot.)

As Mark Steyn has observed; not only is there not enough money to sustain our spend in our economy…there isn’t enough in the whole world.

Per RUSH this morning, Paraphrase, unless it is totally budget neutral, it was illegal-in violation of House / Senate Rules, to pass it by RECONCILIATION !!!!!!!!!

There is no requirement that the name of legislation actually describe the legislation. There is a lot of artistic license in naming.

[…] Now, I am no $6 million pundit: That realm is along the lines of Glenn Reynolds/Instapundit. However, Horemheb informs me that the first survey of charges on my hip replacement surgery is that I am at least worth $50,000. Due to the fact we work hard, make health insurance a priority, and budget wisely, I was able to experience the total platinum standard of medical care from the great team at UCSD Hillcrest, where the Young Prince was born 10 years ago. Again, it seems I was a novelty patient — being young for this type of injury. So, I got tons of extra attention from the medical staff. That is one of the great advantages of going to a teaching hospital.  I am glad I was able to enjoy the benefits of the free market healthcare system (or as free market as all the regulations and bureaucracy allows it to be) before it potentially disappears. […]

Free Market medicine just created the First Bionic Blogger: Gentlemen, we can rebuild MUT. We have the technology. We have the capability to build the world’s first bionic blogger. She will be that pundit. Better than she was before. Better, stronger, faster.