Daniel Gross, in a recent Newsweek column, describes the hypocrisy of those who loathe " deficit spending for the purpose of funding social insurance, but love it when it's used to finance military actions abroad".
Too often, "deficit reduction is a form of defense—... a shield for policies ... (that legislators) don't like," according to Maya -MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget.
Hospital Associations and State Medical Societies alike have attempted to quantify the economic impact of health care. But the chart above, from the Bureau of Labor Statistics, suggests the importance of the health care sector on employment. In these times of high unemployment and debate on health care reform, the importance of health care as an employer should not be underestimated.
Gross concludes, "Being obsessed with deficit reduction when the economy has suffered its largest setback since the Depression is like being obsessed with water conservation when your house is on fire."
Endorse? Support? No matter how HR 3962 is spun, it still appears a fiasco as written.
ReplyDeleteThat 500 BILLION Dollars in Medicare Cuts that Obama says won't impact services? According to this report it will impact them but don't worry, it'll never happen. Without those "cuts" this plan does nothing more than explode costs and the deficit.
Don't take my word for it ... check with CMS.
Other highlights of the report include...the idea of saving money through "wellness" and "prevention" isn't going to work and the "public plan" would cost more to run than current private ones.
Most damning politically for Pelosi/Reid/Obama...
By 2014, Medicare Advantage enrollment would drop 64 percent from 13.2 million to 4.7 million because of less generous benefit packages.
In other words....Hey old folks, they are coming for your health care. In fact, as of this posting the top story on the Washington Post website is "Report: Bill would reduce senior care" Ouch.
That rumbling noise you hear? That's a lot of freshman and sophomore House Democrats running like hell from this bill on final passage (if it ever gets there). Right behind them are Democratic Sens. Kent Conrad, Bill Nelson, Ben Nelson, Mary Landrieu and Blanche Lincoln.
Two other sounds you hear...Joe Lieberman laughing and Harry Reid crying.
The truth is now out on this bill, it's an inter-generational and income group money and health care grab. Take from the rich and middle class and give it to those who don't have either.
It's also a freedom grab by the statists.
What's not to love?
Deficits aren't hypocrisy. They're generational theft.
Ouch!
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