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.
Posts
