Consider This!
June 11, 2009 · Filed Under Consider This!
Published by Bob Foster
According to House Minority Whip, Eric Cantor, proposed programs and policies rushed through Congress “…create more debt in the first six months of this year than in the previous 220 years combined.”
I wonder if anyone besides me believes this is a lot of money.
I wonder when the spending will stop—or if.
I wonder who will pay for all this spending.
I wonder…I wonder…I wonder.
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Dang…that little observation sure puts things into perspective! I saw an article on Yahoo today that the President announced that he found an additional 313 billion dollars in savings to implement his health care plan from saving in the area of prescription drugs. When pressed for detail, the reply reported in the article was ” White House officials insisted the new savings were “rpck solid” , but also acknowledged that they had yet to settle on a specific mechanism to achieve lower prescription drug costs.” Amazing!
I like the use of the word “rushed” through. Why does health care “have to get done” this year? You can do it fast…to maximize the politcal benefit. Or you can do it right. It was 1964 when Lyndon Johnson declared a work on poverty and since that time bazillions have been spent on policies and programs that haven’t worked. Stimulus money is being spent on those same programs which basically is god money being thrown away. Whose paying for all this…we’re gonna tax the rich of course. Which eventually will mean ayone with a gross income of about $16.85 per year. Change is needed…real change as was promised during the campaign. There is nothing real or changed in the polices or funding mechanisms. Any tax increases to a company simply get passed along in the form of price increases to the consumer in the form of higher prices or decresed quality and services.
Excellent post! Thanks!
dave – Thanks for the comment—you rounded out my post very nicely. I too, am worried about the spending spree the government is on, because the money will have to be paid back sometime, and with our foreign lenders beginning to balk, we may have to do it sooner rather than later. Very interesting (and troublesome) days ahead I’m afraid.
Regarding health care reform; I recently read an article by Betsy McCaughey, Ph.D, founder of the Committee to Reduce Infection Deaths, and former Lt. Governor of New York State, wherein she encouraged people to read Tom Daschale’s new book “Critical,” to get some idea about the future of health care. In a nutshell, the new model will be computer-based, and computers will tell doctors which treatments they can administer (get paid for) and which ones they cannot. In addition, the model will operate under the premise that old people spend too much on health care, and that should be curtailed. Old folks are supposed to get sick and then die, so don’t waste health care dollars on them, or people with terminal conditions. Sadly, there seems to be a groundswell of voices in general saying the same things. I just started reading Daschle’s book, and will report on what I find in it.
Thanks again for the comment.