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May 29, 2013

The day of reckoning will come in 2014.

No government health care program has ever remained at or under it's projected cost.

Like the Medicaid special hospital subsidy which was projected to cost $100 million in 1987 and by 1992 costs had soared to $11 billion. That's more than 100 times more expensive. Or Medicare Part A projected to cost $9 billion in 1965 and soared to $67 billion by 1990. Oh, and then there's the PPACA which had initial cost projections of $960 billion (you know so Barack Obama could say it cost less than $1 Trillion). Now the PPACA has been reassessed at a cost of $2.5 trillion. -- Obamacare Fan Says He's Shocked Over How Low the California Exchange Prices Are

Posted by gerardvanderleun at May 29, 2013 3:23 PM. This is an entry on the sideblog of American Digest: Check it out.

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