When You’ve Lost the Washington Post…

By PoliPundit ~ November 9th, 2009 @ 11:27 am

Some WaPo bigwig explains some of the flaws of PelosiCare:

The bill also could take America a step closer to bankruptcy. And for progressives in particular — for those who believe that government has a mission to help the poor and protect the vulnerable — that prospect should be alarming. If federal debt continues rising on its present path, hastened by a $1 trillion health-care bill, it is the poor and vulnerable who will be most harmed.

True, the Congressional Budget Office has said that the bill is paid for. But the CBO is not allowed to count $250 billion in projected Medicare payments to doctors over the next 10 years, because the House — after first acknowledging that cost in its reform bill — decreed it had nothing to do with reform because lawmakers didn’t want to pay for it.

Nor is the CBO permitted to ask whether Congress will truly cut hundreds of billions of dollars from Medicare programs in coming years, as the House bill assumes. History suggests that legislators will not be deaf to the complaints of seniors and those who treat them when it comes time for the axe to fall.

The root difficulty is Obama’s insistence that the nation can afford a large new social program without raising taxes on anyone who earns less than $250,000 per year.

Under his plan, according to a CBO analysis, the government will be spending 24.5 percent of gross domestic product — the total value of the national economy — by 2019 while raising only 19 percent in revenue: a huge, unsustainable gap.

In the kind of fiscal crisis that might ensue, as progressive budget expert Robert Greenstein said recently, “the risk is high that the people with the least political power in this country could bear a disproportionate share of the burden even though, by and large, they’re lower on the income scale.” The government would spend more and more on interest payments while likely stinting on college scholarships, inner-city schools, and, above all, aid to the poor and near-poor here and abroad.

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6 Responses to When You’ve Lost the Washington Post…

  1. the aura of truthiness

    …not to mention, the greasy Beltway liars aren’t starting the program and expenses for 4 years, but meanwhile they’ll start collecting all the fresh taxes IMMEDIATELY. So the 10 year total is skewed accordingly, and is a falsity. It’s a budget buster and they know it, and they have to lie about it, so they can pass the sacred socialized medicine.

    Funny, that the kooks are saying socialized medicine is an “emergency” situation, but are waiting 4 years to address it (solely so they can fake that 10-year number of course).

    Stop lying, kooks.

  2. invalid10

    I can’t stand Sue Lowden after she fixed the Nevada primary. I hope she loses.

    Reid Challenger Faces Backlash After Questioning Assassination Attempt

  3. MarkJ

    “the risk is high that the people with the least political power in this country could bear a disproportionate share of the burden even though, by and large, they’re lower on the income scale.” The government would spend more and more on interest payments while likely stinting on college scholarships, inner-city schools, and, above all, aid to the poor and near-poor here and abroad.”

    Two observations:

    1. Traditionally, when large numbers of lower-scale individuals get tired of bearing a disproportionate share of anything they engage in collective actions. These collective actions are called “revolutions.”

    2. Community-Organizer-in-Chief Obama, far from implementing “social democracy” in this country, may well turn out to be the guy who, quite unintentionally, finally kills it once and for all.

  4. Let's Not Mention That

    New book slams Reagan Foreign Policy:

    ‘Crile characterizes this deal or understanding as “the dirty little secret of the Afghan war” –- General Zia al-Haq’s ability to extract not only “massive aid” from Washington but also to secure Reagan’s acquiescence in Pakistan’s nuclear weapons program via a congressional waiver of U.S. nonproliferation laws…’

    http://www.tinyrevolution.com/mt/archives/003139.html

  5. invalid10

    That’s not news.

    Reagan had no prob with Pakistan getting nukes.

  6. Evett

    inventionidea

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