Lakhota
Diamond Member
Mitt Romney falsely claims government will constitute almost 50 percent of the U.S. economy when the new federal health care law takes full effect. But Romney gets to 50 percent by erroneously counting all health care spending private and public as effectively under government control once Obamacare is fully implemented, as his spokesman put it.
Thats nonsense just as it was two years ago, when Rep. Michele Bachmann made a similar bogus claim. The fact is that the nations health care system will be no more under federal control than Massachusetts fell under state control after Romney signed a similar health care law as governor. Both Obama and Romney expanded the private insurance market by mandating that individuals purchase health care coverage.
Besides, contrary to years of constantly repeated Republican rhetoric, the health care law (if allowed to stand) will constitute a relatively minor expansion of the governments share of health care spending, which was already large and rising due to the aging population.
More: FactCheck.org : Romneys Gross Exaggeration on Obamacare
The truth is a complete stranger to Romney.