C
CougarClawHealthcare costs have gone up because of unbridled tort lawsuits, malpractice insurance AND the fact that no one has any idea how much their healthcare is costing since all they have are 3rd party premiums to pay, and as more people are unable to afford skyrocketing premiums, additional costs are added because of illegal immigration and "emercency room" care. Nothing I've seen in this bill addresses these problems.
But I do understand $938 Billion. It's money we don't have. And the government does not have a good track record of spending money to save money. I wanted healthcare reform. The country needed it. So why didn't a single House Republican vote for it?
I don't know if this bill is a good one or not, because I haven't read it. But this government has spent something like $3 Trillion dollars in 1-2 years. Deficit spending has reached $7.5 Trillion. 30% of GDP Is a VERY scary number.
I wonder what all of us will do with all of these entitlement programs when China stops buying our debt, the dollar collapses under never-before-seen inflation and we can no longer afford ourselves?
Before this bill even passed, Moodys warned about downgrading the quality of American debt due to our untenable spending levels and our crushing debt level. I believe Moodys. We are now nearly $1 Trillion dollars more risky. That's $1,000,000,000,000.00
Usually I prefer optimism to fatalism; and this from someone who wanted healthcare reform and someone who understand something of finances--
this country's finances scare the living daylights out of me.
But I do understand $938 Billion. It's money we don't have. And the government does not have a good track record of spending money to save money. I wanted healthcare reform. The country needed it. So why didn't a single House Republican vote for it?
I don't know if this bill is a good one or not, because I haven't read it. But this government has spent something like $3 Trillion dollars in 1-2 years. Deficit spending has reached $7.5 Trillion. 30% of GDP Is a VERY scary number.
I wonder what all of us will do with all of these entitlement programs when China stops buying our debt, the dollar collapses under never-before-seen inflation and we can no longer afford ourselves?
Before this bill even passed, Moodys warned about downgrading the quality of American debt due to our untenable spending levels and our crushing debt level. I believe Moodys. We are now nearly $1 Trillion dollars more risky. That's $1,000,000,000,000.00
Usually I prefer optimism to fatalism; and this from someone who wanted healthcare reform and someone who understand something of finances--
this country's finances scare the living daylights out of me.

