Finally Admitting it


From the ‘Stuff You Already Knew but Now They are Admitting It’ file. 

This is Medicare’s Chief Actuary Rick Foster answering questions posed by Rep. Tom McClintock (R., Calif.) during the House Budget Commitee hearing yesterday:

McCLINTOCK: “True or false: The two principle promises that were made in support of Obamacare were one, that it would hold costs down. True or false?”

FOSTER: “I would say false, more so than true.”

McCLINTOCK: “The other promise…was the promise that if you like your plan, you can keep it. True or false?”

FOSTER: “Not true in all cases.”


5 Responses to Finally Admitting it

  1. Justin says:

    I like John Stossel’s take on the this type of legislation – you cannot legislate against the laws of economics any more than you can legislate away rainy days or gravity.

    What is more disturbing is folks like Paul Krugman who are trained in economics and still make attempts to justify government action in violation of the laws of economics. Arguing that reducing competition or mandating lower prices will not create a shortfall is dishonest and dangerous, but this is exactly what democrats did, because they know the average American doesn’t know economics from ergonomics.

    Obama’s and Democrats’ goal all along was to take a giant first step toward a single payer system. Obama lied through his teeth saying that this wasn’t such a first step, while Democrats in Congress were smiling the whole time saying it was (i.e. Kennedy). I had no respect for Obama when he was running, and I have no respect for the man now. He’s a known liar and at a minimum a socialist, if not a closet communist.

  2. jackhudson says:

    I have to admit that I often wonder if the Democratics didn’t pass such a stinker of a plan so they could say, “Well, single-payer would have been better, but we did what we could – all these problems would go away if we adopted that instead”. In fact that seems to be the current mantra amongst those on the left who have given up on defending Obamacare.

    Sort of a massive legislative straw-man against which they could argue for a much more massive, intrusive , and ultimately costly plan.

  3. Justin says:

    Well, we do have the video of Obama clearly stating his goal is a single payer system. I believe this was a speech he gave to union workers in 2007 or 2008, not very long ago. And we know that Kennedy and Franks both stated as negotiations were underway on this legislation that their goal was single payer as well.

    We’re at a bit of a disadvantage because right now, it looks like mandating caps is the only solution to lower prices. Not many people understand that we subsidize much of the world’s medical costs because they’ve capped their prices. If America, the last place where uncapped prices exist, caps prices, new drug and medical equipment innovation will disappear, as it has in Europe.

  4. nate says:

    When was the last time a government program accomplished what it set out to do? Anyone?

  5. Bettawrekonize says:

    I voted for Tom McClintock when he ran against Arnold Schwarzenegger for California governor.

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