You will be as shocked as I am to learn that ObamaCare is going to cost more than advertised.
Well, as Queen Nancy said, we had to pass the bill to find out what was in it. It’s a shame that there couldn’t have been a cheaper way. I wonder if my ObamaCare defenders in comments really believed those CBO numbers, or they were just lying leftists? Speaking of which, Matt Welch notes that, as with health care, the president is lying about financial regulation as well. All while being on the take from the industry.
As the old saying goes, the problem with socialism is socialism. The problem with capitalism is capitalists.
[Update a couple minutes later]
Speaking of which, thoughts on cronyism and the left.
[Update a few minutes later]
Some House Democrats who were stupid enough to believe the CBO estimates (if they really were) are hearing a snapping sound.
Shocked that ObamaCare is going to cost more than advertised? No, I was expecting it. Count me offended, appalled, outraged, etc.
Well, Obama is “all about fixing things that are broken,” so I’m sure this will be fixed in a jiffy.
If you follow all the links, you not find that the Affordable Care Act will cost the government more than expected, but that (according to the HHS actuary) total health care spending will rise 1% in 10 years. Covering 10% more people, for 1% more money, is an example of the system becoming more efficient. And the projection is that the costs will go down the further we get into the program.
If these projections are correct, they’re very good news. And this is the same actuary that overestimated the cost of Medicare Part D by 37%; things could turn out even better than they expect.
I wonder if my ObamaCare defenders in comments really believed those CBO numbers
I wonder if Rand understands that these numbers — on total health care spending — are measuring a different thing than the CBO numbers, which estimate the bill’s fiscal impact.
Indeed, the emperor’s new clothes are fabulous.