The United States Cannot Go Bankrupt: Paul Krugman
Bill Quick

VodkaPundit » Your ?bamaCare!!! Fail of the Day

The bad news is that “covered” includes millions of new Medicaid recipients, who are better described as “welfare recipients” than “insured.” Gallup also doesn’t reveal the dropout rate or the percentage of Young Invincibles needed to make the exchanges viable. That giant sucking sound you hear is money swirling around Washington on its way down the drain.

Which giant sucking sound will be barely audible over the thunderous roar of trillions of dollars going down the drain on all the other stuff Obama is taxing, borrowing and spending us into bankruptcy on.

I keep saying that all the cries of doom over the cost of this monstrosity are based on the faulty notion that Obama or Congress are afraid to spend whatever it takes to keep it going.

 

* * * * * * * * * * *

Check out my new bestseller, Lightning Fall: A Novel of Disaster. You can get the Kindle ebook version from Amazon right now, or if you prefer, the book is also available in a trade paperback edition though Amazon.

Posted in Bankruptcy permalink
Bill Quick

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

Leave a Reply