Barack Obama has used his presidency to bash health insurance companies as being maliciously powerful. It's all a bunch of malarkey. A new report released today found that government spending on health care will soon 50 percent of all health care spending. In fact, government-funded health caregrew by 17.3% last year to 2.5 trillion dollars annually.
Most of that spending is thanks to the huge number of retiring Baby Boomers who need Medicare and Medicaid. So the next time Barack Obama tells a health care horror story about a senior citizen who received poor care, remember where much of the blame belongs: on his incompetent government.
No comments:
Post a Comment