Time To Apologize

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by PoliticalChic, Jun 8, 2010.

  1. PoliticalChic
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    PoliticalChic Diamond Member

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    What happened to the dozen or so posters who firmly espoused the President's claim that Obamacare would be a deficit saving program?

    Now that it is clear that it is a deficit-buster, and the CBO merely rubber stamped the bogus assumptions put forth by power-grabbing Democrats, the silence is deafening.

    Read and weep:

    "On Wednesday, Congressional Budget Office Director Douglas Elmendorf spoke at a conference on health care reform hosted by the Institute of Medicine, the health arm of the National Academy of Sciences. “The rising costs of health care will put tremendous pressure on the federal budget during the next few decades and beyond,” said Elmendorf. “In CBO’s judgment, the health legislation enacted earlier this year does not substantially diminish that pressure.”

    As Keith Hennessey put it Friday (h/t Reihan Salam), “Never before have I seen a CBO Director so bluntly refute the policy claims of a President and his Budget Director.” Elmendorf’s presentation, which included slides, helps to visualize the problem.

    As you can see from the chart above, the two biggest drivers of federal spending on health care entitlements are the effects of aging (i.e., the retirement of the Baby Boomers), and the effects of excess cost growth (i.e., the rising cost of health care). Dealing with the first problem is theoretically easy, but politically difficult: raising the retirement age and/or means-testing Medicare benefits.

    Dealing with the second problem involves free-market healthcare reforms that neither Elmendorf nor Obama consider. “It is not clear what specific policies the federal government can adopt to generate fundamental changes in the health system,” writes Elmendorf; “that is, it is not clear what specific policies would translate the potential for significant cost savings into reality.”
    The Apothecary: CBO's Elmendorf Bluntly Rebukes Obamacare


    (emphasis mine)
     
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  2. jillian
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    jillian Princess Supporting Member

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    that was over TEN years....

    but keep whinging. :cuckoo:
     
  3. PoliticalChic
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    PoliticalChic Diamond Member

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    So, does your response indicate that you won't be here in ten years???

    C'mon... don't let your age become depressing: look at Helen Thomas.
     
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  4. WillowTree
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    WillowTree Diamond Member

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    oh.. I love to whing.. absolutely love to..
     
  5. saveliberty
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    saveliberty Diamond Member

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    Excellent point. The whole mess would look epically bad if they didn't collect money for four years before starting the program and running it for six.
     
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  6. Claudette
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    Claudette Gold Member

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    The bill sucks and I sure hope they can repeal this clusterfuck. Jeeze.
     
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  7. Care4all
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    Care4all Warrior Princess Supporting Member

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    “The rising costs of health care will put tremendous pressure on the federal budget during the next few decades and beyond,” said Elmendorf. “In CBO’s judgment, the health legislation enacted earlier this year does not substantially diminish that pressure.”

    doesn't this statement MEAN, obamacare has REDUCED/DIMINISHED that pressure, but not substantially? in other words, health care costs would be slightly higher and cost the gvt slightly more, without obamacare?

    how can this be interpreted any other way, than what i said? huh?
     
  8. Oddball
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    Oddball BANNED Supporting Member

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    In defense of the CBO, they only work with the numbers they are given.

    Obviously, they were given phony numbers and stats.
     
  9. fyrenza
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    fyrenza Ariel Looney Supporting Member

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    Only by negating his presidency would we be able to free ourselves from the oppression ~

    and make no mistake, we ARE in the process of being oppressed ~

    and truly rebuild ourselves into the "Great Nation" that we WERE supposed to be.

    We've seen the mistakes, on BOTH sides of the coin,

    and we've just got to GET A GRIP,

    Intend on getting ourselves back on track,

    and then follow the plan,

    which would have MAJOR Emergency S(tandard)O(perating)P(rocedure)s.

    If not? I'm scared shitless that we're headed for another American Revolution.
     
  10. xsited1
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    xsited1 Agent P

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    It means Obamacare did nothing. There are plenty of free market solutions, but our current 1-party rule is not interested in them. They'd rather have a big government solution which will do nothing to reduce the rising costs of health care as advertised. Obama fails again.
     
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