OT: Health Care: On Big Awful Mistake America

Hein · Since 08 Mar 2005 1314 Posts Possessed

All great civilizations must end. This might well lead to the end for America.
A miscarriage of justice and a disregard for the will of the people is at hand.

http://online.wsj.com/article/SB10001424052748704743404575127540906168462.html

Sasquatch · Since 09 Mar 2005 2102 Posts PNW Bigfoot

I think the Rev II's are much better kites than the North Evo's. Not as many struts, better handling, better customer service. . .kite cams at the brain-trust HQRs.

Idea

Take it somewhere else. . .

Campbell · Since 07 Sep 2008 409 Posts Camas, WA Obsessed

LP · Since 05 Apr 2007 115 Posts HR Stoked

More right-wing wingnut Faux News/WSJ editorial page sky-is-falling/obama is a commie blather, in a thread started by hein, on a kiting website
what a surprise

In other news:
CBO: $940 billion health bill would help cut deficit over 10 years
By Paul Kane and Lori Montgomery
Washington Post Staff Writer
Thursday, March 18, 2010; 3:18 PM

An emerging compromise on health care between House and Senate Democrats would cost $940 billion over the next decade and expand insurance coverage to an additional 32 million Americans, congressional budget analysts said Thursday. Their preliminary report suggests the two-part legislation would bring the nation closer to universal health coverage than at any time in its history.

According to the nonpartisan Congressional Budget Office, the measure would make insurance available to an estimated 95 percent of non-elderly citizens by dramatically expanding Medicaid, the government health program for the poor, and offering tax credits to an estimated 24 million Americans who would otherwise find it difficult to afford coverage.

The program would be paid for by slicing nearly $500 billion from Medicare and other federal health programs, particularly a privately operated insurance plan known as Medicare Advantage. Democrats also propose taxing, for the first time, the health benefits of some people who receive coverage through employers. That proposal focuses on the most generous policies, which economists say are helping to drive health-care costs skyward.

The bill -- unveiled Thursday and likely to be voted on Sunday in the House -- also would increase Medicare payroll taxes for wealthy families, in part by applying the tax for the first time to investment income.

The cost of expanding coverage would exceed $200 billion a year by 2019, the CBO said. But new revenue in the package, combined with savings from program cuts, would outpace the cost of coverage, reducing the federal deficit by $138 billion over the next 10 years. The savings would continue to accumulate in the decade thereafter, the CBO said, eventually slicing around $1.2 trillion from the nation's budget gap.

In a letter to House Speaker Nancy Pelosi (D-Calif.), CBO director Douglas Elmendorf cautioned that the estimate is preliminary and could change as the agency reviews the final element of the health-care package, a series of revisions to the $875 billion health-care expansion that was passed by the Senate on Christmas Eve. House leaders hope to approve both measuresSunday.

pkh · Since 27 Feb 2005 6549 Posts Couve / Hood Honored Founder

For a second there I thought I clicked on my RSS feed for one of the Yahoo Finance Message boards... you should check those out Hein, the same argument every single day.

BTW Socialized health care has been around for a long time (just not for people that actually work and pay taxes): http://en.wikipedia.org/wiki/Medicaid