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Showing posts with label healthcare. Show all posts
Showing posts with label healthcare. Show all posts

Monday, May 21, 2012

Is Directive 10-289 in Our Future?

I'm currently rereading Ayn Rand's Atlas Shrugged, thanks to an ongoing discussion of the book with a first-time reader-friend from the previously mentioned Absolute Write Politics & Current Events forum.

For those not familiar with the novel, it tells the story of an America choking on special favors and regulation, where each attempt to "fix" things leads only to more problems, where legislation promoted for the "common good" instead serves to line the pockets of the politically-connected, where regulations claimed to promote stability instead institutionalize stagnation. An America where "too big to fail" applies not only to banks, but to the steel mills, copper mines, and railroads of those who curry favor with the administration.

An America, in short, not too far distant from the one we inhabit today.

Wednesday, March 14, 2012

A Government Big Enough...

A government big enough to give you everything you need,
is a government big enough to take away everything that you have.

Gerald R. Ford, 38th President of the United States, August 12, 1974.


According to a report just released by the Congressional Budget Office, the cost of the Patient Protection and Affordable Care Act has almost doubled, from $940 billion to $1.76 trillion, in just two and a half short years. Dial the way-back machine to September 9, 2009, and listen to President Obama.
Now, add it all up, and the plan I'm proposing will cost around $900 billion over 10 years -- less than we have spent on the Iraq and Afghanistan wars, and less than the tax cuts for the wealthiest few Americans that Congress passed at the beginning of the previous administration.
It's also very unlikely that this is the end of the story. In 1966, when Medicare was just a glimmer in power-hungry politician's eyes, the government projected that Medicare would cost $12 billion in 1990. The actual tab was $110 billion, falling just short of a factor of ten miscalculation.