When the politicians passed Medicare and estimated the cost of it they were off by a factor of 8.
They estimate the cost of government controlled health care at about $1.3trillion the first 10 years.
If they are again off by a factor of 8, the cost will be closer to $1.trillion per year.
Obama and his democratic Congress have already spent the USA to the brink of bankruptcy and the government controlled health care will shove us over the brink. Our dollar is losing value rapidly. I doubt that China or our other debtors will agree to be paid in dollars.
In closing, it is readily apparent that the USA is in a very deep hole. So why are Obama and his
Congress still shoveling?
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