Nuggets of Wisdom

Thursday, December 17, 2009

Obama: Support Healthcare Reform Or Else Go Bankrupt!

Liberals like to criticize Conservatives for using scare tactics to oppose healthcare reform, which is ironic since Liberals use scare tactics to support healthcare reform (“Sign this bill, no matter how dubious it seems, or else Americans will die!”).

During an interview last night on ABC News, the big man himself propagated his own scare tactic: Support healthcare reform or else the federal government will go bankrupt.

President Obama told ABC News’ Charles Gibson in an interview that if Congress does not pass health care legislation that will bring down costs, the federal government “will go bankrupt.”

The president laid out a dire scenario of what will happen if his health care reform effort fails.

“If we don't pass it, here's the guarantee….your premiums will go up, your employers are going to load up more costs on you,” he said. “Potentially they're going to drop your coverage, because they just can't afford an increase of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year. “

The president said that the costs of Medicare and Medicaid are on an “unsustainable” trajectory and if there is no action taken to bring them down, “the federal government will go bankrupt.”

“This actually provides us the best chance of starting to bend the cost curve on the government expenditures in Medicare and Medicaid,” Obama said.

Hmm. So Obama claims that not passing the healthcare bill will raise premiums, increase costs, and hurt Medicare.

If I recall from a previous blog post of mine, the Health and Human Services Department gave a different story, claiming that passing the healthcare bill will raise premiums, increase costs, and hurt Medicare.

Either Obama has not checked with HHS, or he is lying. Somehow I want to go with the latter.

And if Obama is truly worried about bankrupting the federal government, he should be less concerned about passing an expensive healthcare bill and more about the wasteful spending of the federal government itself (i.e.: the economic stimulus).