Last night, while puttering around the apartment tidying up, I switched on FoxNews (to have something to listen to in the background). Glenn Beck (whom I normally try to avoid) was on, talking some common sense.
He asked a simple question which got at the essence of a post I wanted to write on Obamacare: “How are we going to pay for this?”
After a $787 trillion “stimulus” package which hasn’t created the jobs the Administration (and congressional Democrats promised) and word that “House Democrats were moving on a dozen spending bills for fiscal 2010 that total 12.1% in more domestic discretionary increases“, all we’ve gotten from the Obama Democrats is the Bush domestic policies on steroids–an ever-expanding federal government.
That’s increasing government spending at 11.3% above the rate of inflation.
So, where’s the money? And recall, these spending increases come from a party which rose to power decrying those spendthrift Bush policies.
For a more detailed discussion of the problems of financing Democratic health care schemes, read Michael Barone’s The trouble with health care is paying for it.