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so did obama just screw our 2013 contract? (health care)
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<blockquote data-quote="tieguy" data-source="post: 705866" data-attributes="member: 1912"><p>Thomas Sowell this health plan don't add up</p><p> </p><p><a href="http://www.unionleader.com/article.aspx?articleId=4de8f273-fb20-4b07-90c2-559467bc5c52&headline=Thomas+Sowell%3A+This+health-care+plan+just+doesn't+add+up" target="_blank">http://www.unionleader.com/article.aspx?articleId=4de8f273-fb20-4b07-90c2-559467bc5c52&headline=Thomas+Sowell%3A+This+health-care+plan+just+doesn't+add+up</a></p><p> </p><p>"</p><p>The Obama health-care plan can be financed without increasing the federal deficit -- if the administration takes hundreds of billions of dollars from Medicare. But Medicare itself does not have enough money to pay its own way over time.</p><p>However money is juggled in the short run, the government's financial liabilities are increased by adding this huge new entitlement of government-provided insurance. The fact that these new financial liabilities can be kept out of the official federal deficit projection, by claiming that they will be paid for with money taken from Medicare, changes nothing in the real world.</p><p>I can say that I can afford to buy a Rolls-Royce, without going into debt, by using my inheritance from a rich uncle. But, in the real world, the question would arise immediately whether I in fact have a rich uncle, not to mention whether this hypothetical rich uncle would be likely to leave me enough money to buy a Rolls-Royce."</p></blockquote><p></p>
[QUOTE="tieguy, post: 705866, member: 1912"] Thomas Sowell this health plan don't add up [URL="http://www.unionleader.com/article.aspx?articleId=4de8f273-fb20-4b07-90c2-559467bc5c52&headline=Thomas+Sowell%3A+This+health-care+plan+just+doesn't+add+up"]http://www.unionleader.com/article.aspx?articleId=4de8f273-fb20-4b07-90c2-559467bc5c52&headline=Thomas+Sowell%3A+This+health-care+plan+just+doesn't+add+up[/URL] " The Obama health-care plan can be financed without increasing the federal deficit -- if the administration takes hundreds of billions of dollars from Medicare. But Medicare itself does not have enough money to pay its own way over time. However money is juggled in the short run, the government's financial liabilities are increased by adding this huge new entitlement of government-provided insurance. The fact that these new financial liabilities can be kept out of the official federal deficit projection, by claiming that they will be paid for with money taken from Medicare, changes nothing in the real world. I can say that I can afford to buy a Rolls-Royce, without going into debt, by using my inheritance from a rich uncle. But, in the real world, the question would arise immediately whether I in fact have a rich uncle, not to mention whether this hypothetical rich uncle would be likely to leave me enough money to buy a Rolls-Royce." [/QUOTE]
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