"I'm from the Government and I am here to help you". A ridiculous statement, but
it shouldn't be. How and when did this behemoth government get so far out of touch with the people it is supposed to serve? Are they getting ready to pass a healthcare
bill to help us that would actually require compliance or face fines or imprisonment? Unbelievable!
Can any reasonable person equate this with freedom, democracy or self government? Where did we go wrong? Was it the liberals or the neocons, the Democrats or the Republicans? Can we come to our senses and stop this money-eating monster that has brought us to the edge of collapse with debt and unfunded obligations greater than 100 trillion dollars. This sum can never be repaid in real terms. We are faced with debtors prison by the creditor nations, default on our debts, or devaluation, take your pick . Death by the sword, hanging or suicide.
Medicare is an example of good intentions gone wrong. Something to help the old people, the pensioners i.e, those folks who couldn't afford to pay their own way. The hospitalization Part A as conceived in 1965 was estimated to cost about $9 billion per year by 1990. Actual spending in 1990 was $67 billion. In 1967,a revised Medicare, part A & B was estimated to cost $12 billion in the year 1990, but it actually cost $110 billion.
Bad forecasting is one thing, but what is worse is that once these well intentioned programs get started, they never decrease, but always increase. We continually added new categories of recipients, and new care programs, such as Medicaid, Medicare home care, Medicare catastrophic coverage, State Children's health benefit, and more recently Part D, prescription drug coverage.
Congress made provisions to fund all of this with one hand and with the other robbed the funds that were supposed to pay for this largesse, by merely putting an IOU at the Treasury after swiping the money to use for current needs.
Have a happy Monday.
With Love and Kindness,
THE HATMAN
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