his reference to rising healthcare costs in 2008... uh oh....
looks like Obamacare will save nothing and instead cost half a trillion. here's a funny jusxtaposition for you to chew on...
looks like Obamacare will save nothing and instead cost half a trillion. here's a funny jusxtaposition for you to chew on...
“(T)he status quo is unsustainable,” Obama declared in a June 2009 speech to the American Medical Association. Yet under the law he championed, spending over the next decade is expected to actually exceed the status quo he viewed as unsustainable.
In the same AMA speech, Obama warned that, “If we fail to act, one out of every five dollars we earn will be spent on health care within a decade.” Yet the CMS report predicts that “health care spending as a percentage of GDP is projected to rise from 17.9 percent in 2010 to 19.6 percent by 2021” – in other words, roughly one in five dollars.