President Obama still doesn't get it:
In his speech, Obama laid out the details for a proposed $313 billion in additional Medicare and Medicaid savings.
It doesn't matter how much you reform Medicare, Medicaid, or Social Security. When you create deficits larger than all of your predecessors going back to George Washington combined, then claiming savings of $313 Billion is a lie.
People don't prosper because you limit co pays, or dictate how much Doctors make, or decide what is a "correct" premium for an insurance company to charge.
People prosper when they are allowed to work and keep what they earn.
People prosper when the currency that they use as a store of value isn't bastardized and raped ad infinitum.
Someone please explain to me how you can claim Billions in savings while racking up Trillions in debt. The math doesn't support it and the Chinese won't for much longer.
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"Someone please explain to me how you can claim Billions in savings while racking up Trillions in debt."
ReplyDeleteIts "Doublethink" – described by Orwell as:
"The power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them....To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then, when it becomes necessary again, to draw it back from oblivion for just so long as it is needed, to deny the existence of objective reality and all the while to take account of the reality which one denies — all this is indispensably necessary. Even in using the word doublethink it is necessary to exercise doublethink. For by using the word one admits that one is tampering with reality; by a fresh act of doublethink one erases this knowledge; and so on indefinitely, with the lie always one leap ahead of the truth."
Orwell, George (1949). Nineteen Eighty-Four. Martin Secker & Warburg Ltd, London, part 2, chapter 9, pp 220.
Without Doublespeak, US Monetary Policy and Fiscal Policy is incomprehensible.