Home > Health Care, Welfare > Medicare’s bottomless pit

Medicare’s bottomless pit

September 16th, 2009 OAL Leave a comment Go to comments

From Walter E. Williams, filling in for Rush Limbaugh’s radio show:

In 1966, the House Ways and Means committee said that by 1990 Medicare would only cost $12 billion. In 1966 it started out at $3 billion, but they said by 1990, it will cost $12 billion.

In 1990, Medicare was $107 BILLION. Nine times higher than the congressional estimate. Today, its $420 billion.

Forget Republicans and Democrats. The government is a virus for wealth and productivity. It wastes and wastes and wastes, and then it expects you to celebrate it for doing so. It doesn’t matter which party is in charge. It doesn’t matter who’s driving the metaphorical car.

Think of the government as an inefficient engine. We can get to almost all places without it, but occasionally we need to use it. Politicians are the “mechanics” so they want you to use it a lot. They will spend millions of dollars and poll small groups to find out the best way to convince you to “drive” the car more, but the fact remains you don’t need a car to get to most of your destinations.

Despite all that, our engine runs better than other countries’ engines. I’m not saying we should change the engine type. We need to “drive” less. Stop giving the government more power and money. They waste it at incredible rates… rates that make Bernie Madoff look tame.

Medicare has TENS OF TRILLIONS in unfunded liabilities, a number so high most Americans can’t even get their head around it. If a private company were to do that, no bank would give it a loan. Why do regular Americans assume the world will continue to fund our insanity? And why do otherwise regular Americans want to hand over even one more responsibility to the disease that is the federal government? What amount of waste is too much, where you’ll say, “Perhaps we’re better off paying for our own health insurance.”

Supporting government run health care requires a mindlessness I am unable to comprehend. Every argument for it is in fact an argument against it (except those supporting socialism) even if I disagree with the premise of that argument.

“Private companies are greedy and wasteful.” SO YOU WANT THE GOVERNMENT TO RUN IT?!

“Private companies will let someone die for money.” SO YOU WANT THE GOVERNMENT TO RUN IT?!

Do you know who is helping administer the TARP funds and stimulus money? Goldman Sachs executives who now work for the federal government. So the very people that liberals blame for the financial mess and think should go to jail are the ones now “fixing” it. Its as though if the government hires you, your past transgressions are wiped clean, and you are now pure as the wind-driven snow.

Guess who will be running government run health care when some politician essentially makes private insurance unfeasible? It will be a combination of politicians and the very health insurance company executives and pharmaceutical company executives that you liberals hate so much.

Use your flipping brains.

Categories: Health Care, Welfare Tags:
  1. No comments yet.
  1. No trackbacks yet.
You must be logged in to post a comment.