Putting things in Perspective

Discussion in 'Politics' started by Flopper, Mar 28, 2010.

  1. Flopper
    Offline

    Flopper Gold Member

    Joined:
    Mar 23, 2010
    Messages:
    15,239
    Thanks Received:
    2,700
    Trophy Points:
    260
    Location:
    Washington
    Ratings:
    +5,311
    According to the CBO, the new healthcare law will cost a trillion dollars over the next 10 yrs. or about 100 billion a year. Those are pretty big numbers but let’s put it in perspective. The federal budget is 3.5 trillion dollars or 3,500 billion dollars. The cost of the new healthcare law will only add about 2.85% to federal spending, all of which is covered by increases in taxes and cost cuts. Fox News, the unofficial voice of the Republican Party continues to report that the new healthcare bill, will bankrupt the country. Would anyone like to explain just how this law is going to bankrupt the country?
     
  2. ☭proletarian☭
    Offline

    ☭proletarian☭ Guest

    Ratings:
    +0
    Because Obama's a communist fascist czar-loving ****** kenyan and America is a white christian country and the gays are going to rape your children you stupid libtard
     
  3. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,834
    Thanks Received:
    12,786
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,858


    Because the estimates don't include the vast amount of costs that are mandated for businesses and states to absorb. And as history has proven, the actual figures will dwarf these cooked numbers.

    SS & Medicare are already forecasted to be $37T in the whole. Interest rates on the Federal Debt are rising. The country is technically insolvent. We should be cutting spending - not adding to it.
     
  4. Dante
    Offline

    Dante On leave Supporting Member

    Joined:
    Dec 1, 2008
    Messages:
    52,463
    Thanks Received:
    3,324
    Trophy Points:
    1,825
    Location:
    On leave
    Ratings:
    +6,054
    [​IMG]
     
  5. Flopper
    Offline

    Flopper Gold Member

    Joined:
    Mar 23, 2010
    Messages:
    15,239
    Thanks Received:
    2,700
    Trophy Points:
    260
    Location:
    Washington
    Ratings:
    +5,311
    Comments such as these from the right are why Republicans are not going to take control of Congress or the Presidency. Unfortunately these thoughts are becoming the standard for the Party.
     
  6. rightwinger
    Offline

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,449
    Thanks Received:
    19,869
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,482
    It will bankrupt the country because it SOCIALISM

    Spending money on wars only helps the economy

    Spending money on the American People can only bankrupt it
     
  7. kyzr
    Offline

    kyzr Gold Member

    Joined:
    Oct 14, 2009
    Messages:
    3,447
    Thanks Received:
    450
    Trophy Points:
    130
    Ratings:
    +630
    Remember when candidate Obama was campaigning and one of his biggest applause lines was "the republicans haven't learned that when you're in a hole you need to stop digging".

    "President" Obama owes about $31T to seniors for SS & Medicare benefits. Then he wants to put 31,000,000 more people who can't afford health insurance on Medicare. Look at the national debt projections then you have to see what the fight is about. Obama is bankrupting the country and some people (call them Tea Party members) are saying "enough".

    I hope the GOP rolls-back the new healthcare entitlement and makes SS & Medicare solvent for the long term. When Medicare goes bankrupt in 2017, the system will collapse.
     
  8. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    Except both of those are comments from left leaning members here.

    As mentioned, we know costs will skyrocket. The lowered Medicaid payouts will be reversed when it is discovered that doctors wont work for migrant worker wages. Lower tax revenues from the mandates to insure plus higher spending equals insolvency.
     
  9. Flopper
    Offline

    Flopper Gold Member

    Joined:
    Mar 23, 2010
    Messages:
    15,239
    Thanks Received:
    2,700
    Trophy Points:
    260
    Location:
    Washington
    Ratings:
    +5,311
    Social Security and Medicare cost will rise with or without the healthcare bill. The healthcare bill actual reduces the rate of increase in Medicare spending from a 4% annually to 2%.

    It is a pure supposition to state that the cost to business will rise due to the healthcare bill. Healthcare premiums should come down not go up. The size of the insurance pools will increase reducing costs. Tax credits will be available to small businesses.

    Medicaid costs will rise but there are big offsets. Most importantly having healthcare for 30 million plus people means heart disease, diabetes, and other diseases can be treated in physician's offices instead of emergency rooms and hospitals. This will reduce Medicaid costs.

    The most important point in the whole debate is that increased access to healthcare for millions of Americans will mean a healthier and more productive America. Unfortunately, there is no way to put a dollar figure on these savings. Yes, this is a supposition but a logical one.
     
  10. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,834
    Thanks Received:
    12,786
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,858

    Which makes your entire claim pin the Bogometer.
     

Share This Page