Interesting Figures

No, not the girls of Hooters. At least, not for the purposes of this post. This has to do with some interesting figures that have surfaced that have relevance to the newly passed Health Care bill.

Congress depended a LOT upon the guesstimates of the CBO in order to con people into supporting the bill. But are you aware that in 1965 the CBO estimated Medicare would cost 12 billion, and escalate to 36 billion by 1990. However, it actually escalated to a whopping 107 billion by 1990 - the CBO was off by 300%. And 20 years later it is costing 500 billion a year. Why anyone would trust CBO guesstimates is beyond me.

Here is another - when Universal Health Care was passed in Massachusetts in 2006 it was said it would only cost 88 billion. Just 4 years later and that paltry 88 million is up to 900 million - more than 1000% higher than promised.

Based on such "estimates", it seems that Obama's health care bill will likely cost us at least three times the amount the CBO estimated, or roughly 3 TRILLION dollars over 10 years, pushing up the deficit by more than 2.3 trillion. And that is a LOW estimate based on history.

Brace yourselves, folks. It's gonna be a long, bumpy and dangerous ride.

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