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Old 11-08-2009, 02:34 PM
 
Location: Chicagoland
41,325 posts, read 45,027,922 times
Reputation: 7118

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Great piece right here. Maybe this time the liberals can explain why they think things would be different.......when example after example shows us just how very wrong those "good intentions" have become.

Hot Air » Blog Archive » Maybe this time…

Quote:
No other Big Government program has ever stayed within an order of magnitude of the promises made when it was signed into law. Medicare originally cost about $3 billion, when it began in 1965, and was projected to cost about $12 billion by 1990, adjusted for inflation. Moderator cut: COPYRIGHT VIOLATION!
Read this excellent article and then tell me how you could still support a government intrusion into the HC system.

And please, see if you can dispute any of the facts, figures and cost overruns of the programs mentioned.

Last edited by katzenfreund; 11-08-2009 at 03:13 PM..
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Old 11-08-2009, 02:39 PM
 
Location: Sango, TN
24,868 posts, read 24,440,962 times
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Its a well known fact that Social Security was doing just fine, before they decided to go and open the social security funds to the general fund.

Social Security works, if we keep the money seperate from all other government spending.

Medicare worked, until they went and let private health insurance companies set rates for it.

I'm not a fan of big government programs, but some do work. Continuously bringing them up, in the face of the MASSIVE failure of conservative economics over the last 8 years is kind of asinine.
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Old 11-08-2009, 02:46 PM
 
Location: South Fla
9,644 posts, read 9,864,238 times
Reputation: 1942
Quote:
Originally Posted by Memphis1979 View Post
Its a well known fact that Social Security was doing just fine, before they decided to go and open the social security funds to the general fund.

Social Security works, if we keep the money seperate from all other government spending.

Medicare worked, until they went and let private health insurance companies set rates for it.

I'm not a fan of big government programs, but some do work. Continuously bringing them up, in the face of the MASSIVE failure of conservative economics over the last 8 years is kind of asinine.
They work but lets ignore that they are broke and over budget. Wait the entire gov is broke and over budget.

Its time to stop spending till we can balance a budget.

Last edited by Jadex; 11-08-2009 at 03:00 PM..
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Old 11-08-2009, 02:49 PM
 
Location: Sango, TN
24,868 posts, read 24,440,962 times
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Quote:
Originally Posted by Jadex View Post
They work but lets ignore that they are broke and over budget. Wait the entire gov is broke and over budget.

Its time to spot spending till we can balance a budget.
My point is they weren't broke, until others tried to "fix" them. Nothing was wrong with Social Security, still isn't, if you remove its funding from the general funds.
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Old 11-08-2009, 02:52 PM
 
9,855 posts, read 10,434,561 times
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Quote:
Originally Posted by Memphis1979 View Post
My point is they weren't broke, until others tried to "fix" them. Nothing was wrong with Social Security, still isn't, if you remove its funding from the general funds.
The problem started when our government raided the funds from social security.
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Old 11-08-2009, 02:55 PM
 
Location: Chicagoland
41,325 posts, read 45,027,922 times
Reputation: 7118
Quote:
Originally Posted by Memphis1979 View Post
Its a well known fact that Social Security was doing just fine, before they decided to go and open the social security funds to the general fund.

Social Security works, if we keep the money seperate from all other government spending.

Medicare worked, until they went and let private health insurance companies set rates for it.

I'm not a fan of big government programs, but some do work. Continuously bringing them up, in the face of the MASSIVE failure of conservative economics over the last 8 years is kind of asinine.
Of course, I see your point. DON'T do an apples to apples comparison (big government programs, the initial cost estimates and then the REALITY). Oh, no, no, that comparison is completely defective and asinine, right?

When we are talking about a multi-trillion dollar NEW government program, what better way to judge the designers and what they are claiming, than to look back and see what those who created massive government programs before had said, and how it now jives with the reality.
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Old 11-08-2009, 02:59 PM
 
Location: Chicagoland
41,325 posts, read 45,027,922 times
Reputation: 7118
Quote:
Originally Posted by Memphis1979 View Post
My point is they weren't broke, until others tried to "fix" them. Nothing was wrong with Social Security, still isn't, if you remove its funding from the general funds.
And Medicare? What happened to the costs over runs there? Tens of trillions in unfunded liabilities cannot be blamed on the private sector.

What of the other examples?
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Old 11-08-2009, 03:02 PM
 
Location: Great State of Texas
86,052 posts, read 84,652,019 times
Reputation: 27720
Quote:
Originally Posted by sanrene View Post
When we are talking about a multi-trillion dollar NEW government program, what better way to judge the designers and what they are claiming, than to look back and see what those who created massive government programs before had said, and how it now jives with the reality.
Can't do that. You see this time is different. This time it will work.
The Dems promised and have the CBO and Pelosi and Obama backing them up.

See..it will be fine..this program will generate revenue or so they say
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Old 11-08-2009, 03:03 PM
 
Location: Sango, TN
24,868 posts, read 24,440,962 times
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Quote:
Originally Posted by sanrene View Post
And Medicare? What happened to the costs over runs there? Tens of trillions in unfunded liabilities cannot be blamed on the private sector.

What of the other examples?
There was a deficiet, however, not nearly as large before the Bush administration broke it for good.

WASHINGTON, March 14 /U.S. Newswire/ -- President Bush touted his broken prescription drug plan today in New York, even while delays and problems continue to undermine the security of millions of America's seniors and their families who rely on Medicare. Twenty state governments have even had to step in and pay unpaid drug claims that should have been covered by President Bush's Medicare program. The program is also another example of Republican fiscal mismanagement, as the cost of the failed program has mushroomed from $400 billion to $700 billion.

It wasn't perfect, but it did reasonably work. Then someone got the bright idea to let the private insurers make the rates for the perscription drugs that medicare could give out. That really screwed things up.
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Old 11-08-2009, 03:04 PM
 
9,855 posts, read 10,434,561 times
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This is an interesting read on this subject.
Lorenzo Wang - Pres. Strangelove or: How I Learned to Stop Saving and Love the Debt
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