How can we afford Obama’s Public Option?
April 302010
Let’s look at the MOST recent budget outcome – the Bush budget of 2008.
http://www.cbo.gov/ftpdocs/100xx/doc10014/March2009_HistoricalTables.pdf
So take a look at that.
Obama and congress have added more than a TRILLION in spending to the Bush budget of 2009 – leaving us with a MASSIVE deficit of $1.86 Trillion… Something the Bush budget would never have given us… (I had to point that out, several idiots point to Obama’s own deficit as Bush’s fault. I hope you people know Obama and congress CAN add spending to the current budget…)
***Let’s get to the point here…***
So first let’s start off with the fact that 45 million Americans out of 300 million are not insured by any company. That’s 15% of the population that’s goes without insurance. So let’s get this straight. We’re getting ready to pay for a $630 Billion dollar health care reform bill, just to cover 15% of the population. $630 Billion per year is more than what we spend per year on our Military/Defense Budget. Even if we cut Military/Defense spending by 50%, we won’t be able to afford this. This cost doesn’t even cover the fact, that like Medicare and Social Security, this cost will increase each year to cover a growing population. Like Medicare and Social Security, this will continue to grow in cost FOREVER unless the program ends. Not to mention the fact that we’re already in massive debt, 47% of our debt is in China’s hands, and that Obama is giving our nation a $1.86 TRILLION dollar DEFICIT (according to the CBO).
Is this really sustainable?
Source:
Just do some research at the damn CBO…
SUMMARY:
Cost PER YEAR of Public Option = $630 Billion (lowest estimate)
Obama Deficit = $1.86 TRILLION (Bush deficit of 2008 is $454.8 Billion.)
47% of our debt = Under China’s hands
Military/Defense Spending = $612.4 Billion PER YEAR.
HOW CAN WE AFFORD OBAMA CARE IF WE CAN’T EVEN AFFORD WHAT WE’RE DOING NOW?
PS: don’t give me benefits of the Public Plan — what’s the point if you can’t afford it?
FILE works fine… update your damn Acrobat reader…
POTATO…. No there is no flaw… We can’t afford it and the regulations that keep the companies within state borders are the VERY reason for little competition and high prices… NEXT…
I’m in total agreement, with one exception. The 45 million people has been broken down with the result that there are actually only about 10 million who are uninsured.
I can’t remember the exact percentages, but when you take away the number of people who can afford insurance, but choose not to get it, the numbers drop dramatically.
Then there are those who are qualified for medicare but for whatever reasons have not filled out the forms.
Then you get to subtract the 12-20 million who are illegal immigrants.
Leaves you with about 10 million, and it is definitely not worth wrecking our health system and increasing our national debt to such astronomical amounts.
“The spin stops here ’cause we’re lookin’ out for you.” So says Bill O’Reilly every time he closes his show. But WHO is he saying it to? Ordinary and upright Americans? No.