This video provides 12 reasons in less than 7 minutes.
Obamacare Will Be a Budget Buster
November 10, 2009 by Dan Mitchell
Posted in Big Government, CBO, Center for Freedom and Prosperity, Economics, Fiscal Policy, Government Spending, Health Care, Health Reform, Obama, Pelosi, Spending, Video | Tagged Big Government, Health Reform, Healthcare, Obama, Pelosi, Video | 226 Comments
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[…] could pat myself on the back for predicting back in 2009 that Obamacare would be a fiscal […]
[…] The health insurance and pharmaceutical companies supported Obamacare. […]
[…] I don’t like Obamacare because it’s a fiscal boondoggle. […]
[…] adopting Policy A or repealing Policy B is a magic elixir. And if that means adopting a flat tax or repealing Obamacare, I’ll certainly be […]
[…] I don’t like Obamacare because it’s a fiscal boondoggle. […]
[…] the track record of health entitlements, I think the video you just watched is correct. A public option would be a fiscal […]
[…] moved policy in the wrong direction, of course, but that was largely duringhis first two years. There was a policy stalemate his final six […]
[…] moved policy in the wrong direction, of course, but that was largely during his first two years. There was a policy stalemate his final six […]
[…] is ever enacted, don’t forget that the actual amount of “new spending” will be much higher than the estimate of “new […]
[…] And if you look closely at the top section of Figure 1-7, you’ll see that the big problems are the entitlements for health care (i.e., Medicare, Medicaid, and Obamacare). […]
[…] Obamacare “revenue neutral” because all the new taxes were balanced out by the handouts and subsidies that the law created for the big insurance […]
[…] environment, I suspect enacting non-earmark spending is not that easy (though I admit an Obamacare-level budget buster every 10 years would completely wipe out in just one year the money that might be saved over […]
[…] repeatedly voted for budget resolutions that included meaningful changes to Medicaid, Medicare, and Obamacare, as well as reductions in wasteful pork-barrel spending. And after the 2014 GOP landslide, Senate […]
[…] repeatedly voted for budget resolutions that included meaningful changes to Medicaid, Medicare, and Obamacare, as well as reductions in wasteful pork-barrel spending. And after the 2014 GOP landslide, Senate […]
[…] a gridlock environment, I suspect enacting non-earmark spending is not that easy (though I admit an Obamacare-level budget buster every 10 years would completely wipe out in just one year the money that might be saved over […]
[…] (though oftentimes these are the same people who supported the faux stimulus and wanted the new Obamacare entitlement, so judge for yourself whether they are […]
[…] Rubin wasn’t making the same argument when the faux stimulus was being debated. Or when the Obamacare boondoggle was being discussed. Why does he think deficits are only bad when tax cuts are on the agenda (just […]
[…] First, where was Ms. Marcus when Bush was pushing the TARP bailout through Congress? Where was she when Obama was advocating for his faux stimulus? Or the Obamacare boondoggle? […]
[…] First, where was Ms. Marcus when Bush was pushing the TARP bailout through Congress? Where was she when Obama was advocating for his faux stimulus? Or the Obamacare boondoggle? […]
[…] assume he was profligate because he started his tenure with a Keynesian spending binge and the Obamacare entitlement. But after a few years in office, some were arguing he was the most frugal president of modern […]
[…] A blizzard of bad policy in Obama’s first two years, including the fake stimulus, Dodd-Frank, and Obamacare. […]
[…] legislation is adopted, the migration of taxpayers out of California will accelerate, the costs will be higher than advertised, and I’ll have a powerful new example of why big government is a […]
[…] legislation is adopted, the migration of taxpayers out of California will accelerate, the costs will be higher than advertised, and I’ll have a powerful new example of why big government is a […]
[…] The video was released in 2011, but nothing has changed…except that the numbers today are far worse, in part because of Obama’s Medicaid expansion. […]
[…] creates a destructive incentive for over-insurance and contributes (along with Medicare, Medicaid, Obamacare, etc) to the third-party payer crisis that is crippling America’s healthcare […]
[…] Here’s a chart that shows that our main problem is Medicare, Medicaid, and Obamacare. […]
[…] Here’s a chart that shows that our main problem is Medicare, Medicaid, and Obamacare. […]
[…] Here’s a chart that shows that our main problem is Medicare, Medicaid, and Obamacare. […]
[…] then added another layer of intervention to the existing mess. By my rough calculations, that costly boondoggle took the country from having […]
[…] then added another layer of intervention to the existing mess. By my rough calculations, that costly boondoggle took the country from having […]
[…] most of their health expenses are financed by either government (thanks to Medicare, Medicaid, Obamacare, etc) or insurance companies (thanks to the tax code’s health care exclusion), consumers focus […]
[…] America’s healthcare system is that various government interventions (Medicare, Medicaid, Obamacare, tax code’s healthcare exclusion, etc) have created a system where people – for all […]
[…] most of their health expenses are financed by either government (thanks to Medicare, Medicaid, Obamacare, etc) or insurance companies (thanks to the tax code’s healthcare exclusion), consumers focus […]
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[…] of us, for what it’s worth, warned about this as Obamacare was being […]
[…] of us, for what it’s worth, warned about this as Obamacare was being […]
[…] of us, for what it’s worth, warned about this as Obamacare was being […]
The material is extremely interesting.|
[…] Medicaid, Obamacare, and other government health entitlements are projected to consume ever-larger chunks of economic […]
[…] a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of […]
[…] a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of […]
[…] a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of […]
[…] a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of […]
[…] Obamacare boondoggle was all about increasing the federal government’s control and intervention in the healthcare […]
[…] seats in 2010. And since more Democrats presumably lost seats in 2012 and 2014 because of that costly and misguided scheme, it surely seems that expanding government’s role in health care was a […]
[…] At this stage, I can’t resist pointing out that this is one reason why the enactment of Obamacare was a spectacularly irresponsible decision. […]
[…] suffering from ObamaCare fatigue. Before the law was implemented, I repeatedly explained that more spending and more intervention in the healthcare sector would worsen a system that already was suffering […]
[…] the law was implemented, I repeatedly explained that more spending and more intervention in the health sector would worsen a system that already was suffering from […]
[…] U.S. score dropped? Was it Bush’s spending binge? Obama’s stimulus boondoggle? All the spending and taxes in Obamacare? The fiscal cliff tax […]
[…] check: Obamacare is a very costly piece of legislation that increased the burden of government spending and made the tax system more onerous. Repealing […]
[…] medical system wouldn’t be messed up by Obamacare, Medicaid, and Medicare if politicians didn’t have data about […]
[…] get sufficient attention in the report, which is the fact that repeal of Obamacare will reduce the burden of spending and the burden of taxation. I’ve circled the relevant numbers in […]
[…] proceeded to act like Bush on steroids, giving us the faux stimulus his first year and then the Obamacare boondoggle his second […]
[…] I’ve written a lot on the failures of Medicaid, Medicare, and Obamacare, as well as the counterproductive effects of the tax code’s healthcare […]
[…] As you can see, entitlement programs are the big problem, especially Social Security, Medicare, Medicaid, and Obamacare. […]
[…] And don’t forget the whopper about a new entitlement being good fiscal policy? […]
[…] while Republicans say they want to repeal the specific Obamacare tax hikes, that they don’t plan on letting go of the money. Which is just a way of saying that they are […]
[…] while Republicans say they want to repeal the specific Obamacare tax hikes, that they don’t plan on letting go of the money. Which is just a way of saying that they are […]
[…] all, those are the two bureaucracies that got lots of new power and authority as a result of the costly Obamacare boondoggle. So the joke’s on […]
[…] all, those are the two bureaucracies that got lots of new power and authority as a result of the costly Obamacare boondoggle. So the joke’s on […]
[…] I was trying to explain what’s happened in the past few years, describing the avalanche of bad policy last decade, culminating with the faux stimulus in 2009 and the enactment of Obamacare in 2010. […]
[…] was a budget-busting nightmare with lots of tax increases, but the biggest tax hike targeted rich […]
[…] was a budget-busting nightmare with lots of tax increases, but the biggest tax hike targeted rich […]
[…] …To be sure, not all legislation is bad. …Congress would have to enact a law to repeal Obamacare. Laws also would need to be changed to reform entitlements, or adopt a flat tax. And some laws […]
[…] Five Justices on the Supreme Court basically said the Constitution didn’t limit the federal government, even though that’s exactly what our Founding Fathers were trying to do when they put together the document! And they gave the green light to a costly expansion of the welfare state. […]
[…] And this Ken Catalino cartoon sort of makes the same point, but focusing specifically on the fiscal boondoggle known as Obamacare. […]
[…] what it’s worth, some of us were predicting runaway costs even before the legislation was […]
[…] manages to weave together both the costly Obamacare boondoggle with the reprehensible politicization of the […]
[…] what it’s worth, some of us were predicting runaway costs even before the legislation was […]
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[…] the way, if you’re concerned about America’s fiscal future, here’s a video on Obamacare that definitely is not […]
[…] is a fiscal disaster and a healthcare disaster. Our best bet to get the law repealed is to make sure the politicians […]
[…] Not that we should be surprised. You don’t get better healthcare with a poisonous recipe of higher taxes, added government spending, and more […]
[…] Not that we should be surprised. You don’t get better healthcare with a poisonous recipe of higher taxes, added government spending, and more […]
[…] if we assume that Medicare, Medicaid, and Obamacare are left unreformed, afterwards a budgets for these programs will eat adult an ever-larger share of […]
[…] if you assume that Medicare, Medicaid, and Obamacare are left unreformed, then the budgets for these programs will eat up an ever-larger share of our […]
[…] course, many people knew from the start that Obamacare would be a disaster and that it would make the healthcare system even more dysfunctional, so CBO is way behind the […]
[…] If you somehow think Obamacare might be different, watch this video. […]
[…] course, many people knew from the start that Obamacare would be a disaster and that it would make the healthcare system even more dysfunctional, so CBO is way behind the […]
[…] biggest problems are the health entitlements such as Medicare, Medicaid, and Obamacare, but Social Security also has a huge long-run fiscal […]
[…] developments of 2013, but it also has to be one of the worst. The legislation is a toxic stew of spending, taxes, regulation, cronyism, and intervention, and it was based on the absurd theory that you solve […]
[…] I don’t want activist government – like we had during Obama’s first two years – if it means faux stimulus and government-run healthcare. […]
[…] Indeed, this is a good opportunity to share my video explaining why Obamacare will be a budget buster. […]
[…] It’s obviously a gross over-simplification to assert that the number of laws is correlated with good policy or bad policy. Sometimes politicians impose laws that increase the burden of government (with Obamacare being an obvious example). […]
[…] case when politicians create new entitlement programs. Indeed, I would pat myself on the back for making exactly this predication about Obamacare, but anybody with a room-temperature IQ knew this would happen, so I can’t claim any special […]
[…] taxpayers, needless to say, are going to incur heavy burdens because of the President’s reckless new […]
[…] I talk about people being “screwed” by Obamacare, I’m generally referring to taxpayers who will bear a heavier fiscal burden and consumers who will pay more to get […]
[…] case when politicians create new entitlement programs. Indeed, I would pat myself on the back for making exactly this predication about Obamacare, but anybody with a room-temperature IQ knew this would happen, so I can’t claim any special […]
[…] The part about taxpayer wallets is painfully accurate. […]
[…] President made this problem worse with Obamacare (just as Bush made it worse with the prescription drug […]
[…] But it also means it isn’t easy for supporters of small government to undo expensive policy mistakes such as Obamacare. […]
[…] Did this mean he was finally being reasonable and that he would agree to curtail the job-killing fiscal boondoggle otherwise known as […]
[…] I’ve written about how Obamacare is a costly boondoggle. […]
[…] of a kick-in-the-you-know-what. A bunch of political hacks pass legislation that increases both the fiscal burden and the regulatory burden on the rest of us, but they make it very convoluted so that they can cash […]
[…] As you can imagine, the joke about Obamacare and the deficit resonated with me. […]
[…] As you can imagine, the joke about Obamacare and the deficit resonated with me. […]
[…] close with a great Rick McKee cartoon that focuses on exploding costs, a message near and dear to my […]
[…] close with a great Rick McKee cartoon that focuses on exploding costs, a message near and dear to my […]
[…] economy’s anemic performance during that time, largely because his agenda of faux stimulus and Obamacare exacerbated the statist policies of Bush. In other words, he promised “hope” and “change,” […]
[…] 10. And it’s quite like that the U.S. score dropped as well, thanks to the tax increases in Obamacare and the “fiscal cliff” […]
[…] to say, this will mean far higher costs for taxpayers, just as many of us warned even before the law was […]
[…] what it’s worth, some of us were predicting runaway costs even before the legislation was […]
[…] what it’s worth, some of us were predicting runaway costs even before the legislation was […]
[…] frightening legislation such as Obamacare, tax hikes, and Dodd-Frank, no wonder about two out of three people have a very or somewhat […]
[…] I narrated an entire video warning that this would […]
[…] The election was not a mandate for Obamacare or the faux stimulus. The President spent almost no time bragging about the two biggest […]
[…] I’ve already said the law is a fiscal nightmare and explained how it further cripples market forces in healthcare, this may be a bit of a […]
[…] manages to weave together both the costly Obamacare boondoggle with the reprehensible politicization of the […]
[…] manages to weave together both the costly Obamacare boondoggle with the reprehensible politicization of the […]
[…] Five Justices on the Supreme Court basically said the Constitution didn’t limit the federal government, even though that’s exactly what our Founding Fathers were trying to do when they put together the document! And they gave the green light to a costly expansion of the welfare state. […]
[…] Five Justices on the Supreme Court basically said the Constitution didn’t limit the federal government, even though that’s exactly what our Founding Fathers were trying to do when they put together the document! And they gave the green light to a costly expansion of the welfare state. […]
[…] is a fiscal disaster and a healthcare disaster. Our best bet to get the law repealed is to make sure the politicians and […]
[…] is a fiscal disaster and a healthcare disaster. Our best bet to get the law repealed is to make sure the politicians […]
[…] is a fiscal disaster and a healthcare disaster. Our best bet to get the law repealed is to make sure the politicians and […]
[…] also notes that the plan doesn’t do anything about the fiscal disaster of Obamacare and that it also exacerbates the tax code’s punitive bias by increasing double taxation of […]
[…] If you somehow think Obamacare might be different, watch this video. […]
[…] If you somehow think Obamacare might be different, watch this video. […]
[…] If you somehow think Obamacare might be different, watch this video. […]
[…] Our first contribution is from Senator Ted Cruz. He takes a jab at President Obama for the budget-busting Obamacare legislation. […]
[…] If you somehow think Obamacare might be different, watch this video. […]
[…] If you somehow think Obamacare might be different, watch this video. […]
[…] Indeed, this is a good opportunity to share my video explaining why Obamacare will be a budget buster. […]
[…] Indeed, this is a good opportunity to share my video explaining why Obamacare will be a budget buster. […]
[…] And this Ken Catalino cartoon sort of makes the same point, but focusing specifically on the fiscal boondoggle known as Obamacare. […]
[…] And this Ken Catalino cartoon sort of makes the same point, but focusing specifically on the fiscal boondoggle known as Obamacare. […]
[…] But the cartoonists have come out with a lot of good material, so let’s enjoy this new material. After all, we deserve a few laughs before we deal with the pain of more spending and higher taxes. […]
[…] It’s also good news that the Ryan Budget calls for structural reform of entitlement programs, including Medicaid block grants and Medicare premium support. The budget also assumes the repeal of the costly Obamacare program. […]
[…] What I’m pointing out is that we should repeal laws such as Obamacare that promote cronyism and […]
[…] Congress is a very good thing if the only other option is to pass monstrosities such as Obamacare and Keynesian spending […]
[…] actually understates the indictment against Obama. There is no mention, for instance, about all the new spending for Obamacare that will begin to take effect over the next few […]
[…] particularly if the alternative is the kind of damaging legislation such as the faux stimulus and Obamacare that we got in the President’s first two […]
[…] Obama has imposed a class-warfare tax hike, pushed through Obamacare, and squandered $billions on a faux stimulus (perfectly captured by this cartoon). But that’s […]
[…] The election was not a mandate for Obamacare or the faux stimulus. The President spent almost no time bragging about the two biggest […]
[…] part in the final frame about the fiscal cost of Obamacare is a nasty touch, but sadly […]
[…] anemic performance during that time, largely because his agenda of faux stimulus and Obamacare exacerbated the statist policies of Bush. In other words, he promised “hope” and […]
[…] bad. Now that the Supreme Court has failed in its job, Congress would have to enact a law to repeal Obamacare. Laws also would need to be changed to reform entitlements, or adopt a flat […]
[…] The election was not a mandate for Obamacare or the faux stimulus. The President spent almost no time bragging about the two biggest […]
[…] Let’s start with an image of Nancy Pelosi hearing the horrifying news that she’s going to be subjected to Obamacare. […]
[…] And that’s also an issue with Obamacare. When push comes to shove, I strongly suspect the politically well connected somehow will avoid any of the headaches that are bound to result from that costly legislation. […]
[…] give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government […]
[…] Keep in mind, by the way, that the Liverpool Care Pathway is sort of akin to the IPAB “death panel” in Obamacare. […]
[…] Keep in mind, by the way, that the Liverpool Care Pathway is sort of akin to the IPAB “death panel” in Obamacare. […]
[…] On the other hand, subsequent presidents did create that massive entitlement state and Obama added another straw to the camel’s back with Obamacare. […]
[…] On the other hand, subsequent presidents did create that massive entitlement state and Obama added another straw to the camel’s back with Obamacare. […]
Our Monetarily Sovereign federal government easily could provide health care insurance to every man, woman and child in America. Instead, our politicians, at the behest of the ruling class, tell the 99% their own benefits must be reduced. Our Monetarily Sovereign government easily could support every retired person in America, without FICA. Instead, our politicians, at the behest of the ruling class, tell the 99% such support would cause inflation, bankrupt the system, and be “unsustainable” (a favorite word of the rulers).
The power of the people begins with population. The ruling class is few in number. In a democracy, the power of the people comes is expressed with the ballot. But that power can be subverted by misinformation, a tactic the 1% have used for millennia.
Because of previous brainwashing, many people initially resist anything that counters the propaganda of the ruling class (as delivered by the politicians and the media.).
So we continue to pound away at the facts: The U.S. government never can run short of dollars, never can go bankrupt. The government can pay for Social Security and Medicare for everyone. FICA is harmful, unnecessary and saps the strength of the middle- and lower-classes. Federal taxes take dollars from the economy, do not support the government and should be reduced.. Federal deficits are necessary to grow the economy. Inflation easily can be controlled, even with massive, deficit spending.
[…] If Mitt Romney wins and decides to only make cosmetic changes to Obamacare, would most Republicans rebel and push to fully repeal the costly legislation? […]
[…] I’ve certainly complained about Obamacare from a fiscal perspective, warning that it means higher taxes and more spending. […]
[…] I’ve certainly complained about Obamacare from a fiscal perspective, warning that it means higher taxes and more spending. […]
[…] I’ve certainly complained about Obamacare from a fiscal perspective, warning that it means higher taxes and more spending. […]
[…] Romney actually cared about taxpayers and the economy, he would promise to repeal the costly Obamacare program and then build upon that small first step with a commitment to reform the other unaffordable […]
[…] bad. Now that the Supreme Court has failed in its job, Congress would have to enact a law to repeal Obamacare. Laws also would need to be changed to reform entitlements, or adopt a flat […]
[…] bad. Now that the Supreme Court has failed in its job, Congress would have to enact a law to repeal Obamacare. Laws also would need to be changed to reform entitlements, or adopt a flat […]
[…] actually understates the indictment against Obama. There is no mention, for instance, about all the new spending for Obamacare that will begin to take effect over the next few […]
[…] actually understates the indictment against Obama. There is no mention, for instance, about all the new spending for Obamacare that will begin to take effect over the next few […]
[…] Many of us know that Obamacare will be very expensive and that supporters, aided and abetted by the Congressional Budget Office, deliberately low-balled the cost estimates. […]
[…] the threat of higher taxes in 2013 (when the 2001 and 2003 tax cuts are scheduled to expire), the costly impact of Obamacare, and the harsh regulatory environment. This cartoon shows, in an amusing fashion, the impact of […]
[…] the threat of higher taxes in 2013 (when the 2001 and 2003 tax cuts are scheduled to expire), the costly impact of Obamacare, and the harsh regulatory environment. This cartoon shows, in an amusing fashion, the effect these […]
[…] the threat of higher taxes in 2013 (when the 2001 and 2003 tax cuts are scheduled to expire), the costly impact of Obamacare, and the harsh regulatory environment. This cartoon shows, in an amusing fashion, the effect these […]
[…] the threat of higher taxes in 2013 (when the 2001 and 2003 tax cuts are scheduled to expire), the costly impact of Obamacare, and the harsh regulatory environment. This cartoon shows, in an amusing fashion, the impact of […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] But the cartoonists have come out with a lot of good material, so let’s enjoy this new material. After all, we deserve a few laughs before we deal with the pain of more spending and higher taxes. […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] not sure whether this is a post about America’s dismal future if Obamacare is allowed to take root or whether this is a post about bureaucrats ripping off […]
[…] P.P.S. This is a post about the unseemly genesis of Obamacare, but I’m a fiscal policy wonk, so I want to remind everyone that this new entitlement will be a budget buster. […]
[…] genesis of Obamacare, but I’m a fiscal policy wonk, so I want to remind everyone that this new entitlement will be a budget buster. Rate this:Share this:PrintEmailFacebookTwitterMoredeliciousDiggFarkLinkedInRedditStumbleUponLike […]
[…] My video on Obamacare, for instance, completely focused on how the legislation would expand the burden of government. The mandate is a bad idea, without question, but it’s also a big mistake to impose more spending and taxes when government already is far too big. […]
[…] via Dan Mitchell […]
[…] narrated a video on the fiscal nightmare of Obamacare and written several times about the serious problem of government-caused third-party payer – […]
[…] for many good reasons, including increased uncertainty, the negative impact on job creation, rising levels of red ink, and generational […]
[…] Many of us know that Obamacare will be very expensive and that supporters, aided and abetted by the Congressional Budget Office, deliberately low-balled the cost estimates. […]
[…] Many of us know that Obamacare will be very expensive and that supporters, aided and abetted by the Congressional Budget Office, deliberately low-balled the cost estimates. […]
[…] Adding injury to injury, the so-called stimulus didn’t work. And the authors are right about the looming fiscal nightmare of Obamacare. […]
[…] Sadly (but predictably), the politicians in Washington ignored Veronique’s sage advice. The burden of government has expanded since that video was released, including the adoption of costly Obamacare legislation. […]
[…] The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing […]
[…] A bloated healthcare bill adding hundreds of billions of new taxes and hundreds of billions of new spending. […]
[…] A bloated healthcare bill adding hundreds of billions of new taxes and hundreds of billions of new spending. […]
FYI
[…] conclusions of the study seem quite plausible. And since I’m not a fan of Obamacare and think the law will be much more costly than advertised, I’m not shedding any tears for politicians who lost their jobs after voting for the new […]
[…] A mature and dignified person would resist the temptation to say “I told you so.” But I’m neither mature nor dignified, so here’s an encore edition of my video on the Obamacare cost estimates. […]
[…] adopting Policy A or repealing Policy B is a magic elixir. And if that means adopting a flat tax or repealing Obamacare, I’ll certainly be […]
[…] adopting Policy A or repealing Policy B is a magic elixir. And if that means adopting a flat tax or repealing Obamacare, I’ll certainly be […]
[…] President Obama’s two biggest “achievements” since taking office are the so-called stimulus and government-run healthcare. […]
[…] my area of expertise, but I mostly agree with Alter’s assessment. For better or worse (and you know how I feel), the President put everything on the line to enact Obamacare. That was bad for the nation, but I […]
[…] all the gory details. The OECD bureaucrats (who get tax-free salaries, by the way) endorsed Obamacare, supported the failed stimulus, and are big advocates of a value-added tax for […]
[…] The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing […]
[…] Freedom and Prosperity study has all the gory details, revealing that OECD bureaucrats endorsed Obamacare, supported the failed stimulus, and are big advocates of a value-added tax for […]
[…] Freedom and Prosperity study has all the gory details, revealing that OECD bureaucrats endorsed Obamacare, supported the failed stimulus, and are big advocates of a value-added tax for […]
[…] Freedom and Prosperity study has all the gory details, revealing that OECD bureaucrats endorsed Obamacare, supported the failed stimulus, and are big advocates of a value-added tax for […]
[…] has all the gory details. The OECD bureaucrats (who get tax-free salaries, by the way) endorsed Obamacare, supported the failed stimulus, and are big advocates of a value-added tax for […]
[…] the cost of new programs. This is a point I stressed in my video explaining why Obamacare will be far more costly than CBO […]
[…] Indeed, CBO’s failure to recognize that new programs will lure people into greater dependency is one of the biggest reasons that the bureaucracy routinely under-estimates the cost of new programs. This is a point I stressed in my video explaining why Obamacare will be far more costly than CBO predicted. […]
[…] He pontificates about debt, but he voted for the fake stimulus and budget-busting Obamacare legislation. […]
[…] He pontificates about debt, but he voted for the fake stimulus and budget-busting Obamacare legislation. […]
[…] The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing […]
[…] July 18, 2011 by Dan Mitchell The Beacon Hill Institute in Massachusetts has just released a very good – but very depressing study. The research finds that costs have jumped under Romneycare, but that’s not surprising. After all, politicians always underestimate the cost of new entitlements. […]
[…] And because I like to brag when I get something right (to be fair, everyone knew the CBO numbers were dishonest and wrong, so I wasn’t exactly making a brilliant observation), I invite people to re-watch my video explaining how the politicians and their minions were lying to us. […]
[…] And because I like to brag when I get something right (to be fair, everyone knew the CBO numbers were dishonest and wrong, so I wasn’t exactly making a brilliant observation), I invite people to re-watch my video explaining how the politicians and their minions were lying to us. […]
[…] couple of years have featured budget busting proposals such as the so-called stimulus scheme and a government-run healthcare […]
[…] with faint praise. The absence of big initiatives such as the so-called stimulus scheme or a government-run healthcare plan simply means that there's no major new proposal to accelerate America's fiscal […]
[…] couple of years have featured budget busting proposals such as the so-called stimulus scheme and a government-run healthcare […]
[…] The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] since people from this Administration routinely say preposterous things (such as claiming that a giant new entitlement program will reduce red ink and asserting that nobody’s taxes have been […]
[…] good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does […]
[…] The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing […]
[…] good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does […]
[…] not be any major initiatives to expand thee burden of government, love thee failed stimulus or thee budget busting government-run healthcare scheme, but certainly does not seem love there are any plans to reverse […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] not be any major initiatives to expand the burden of government, like the failed stimulus or the budget busting government-run healthcare scheme, but it certainly does not seem like there are any plans to reverse […]
[…] since people from this Administration routinely say preposterous things (such as claiming that a giant new entitlement program will reduce red ink and asserting that nobody’s taxes have been […]
[…] since people from this Administration routinely say preposterous things (such as claiming that a giant new entitlement program will reduce red ink and asserting that nobody’s taxes have been […]
[…] to government somehow would create jobs. CBO also was a disaster on Obamacare, claiming that a giant new entitlement program would reduce budget deficits. And the legislative bureaucracy even has argued that higher tax rates boost […]
[…] to government somehow would create jobs. CBO also was a disaster on Obamacare, claiming that a giant new entitlement program would reduce budget deficits. And the legislative bureaucracy even has argued that higher tax rates boost […]
[…] to government somehow would create jobs. CBO also was a disaster on Obamacare, claiming that a giant new entitlement program would reduce budget deficits. And the legislative bureaucracy even has argued that higher tax rates boost […]
[…] to government somehow would create jobs. CBO also was a disaster on Obamacare, claiming that a giant new entitlement program would reduce budget deficits. And the legislative bureaucracy even has argued that higher tax rates boost […]
[…] taxes tomorrow. You can draw your own conclusions, but keep in mind that CBO is now making the absurd claim that a giant new healthcare entitlement will reduce budget […]
[…] of a terrible trend, not a profound paradigm shift. Yes, it is very bad news. Yes, it will cost more than politicians claimed. Yes, it will reduce the quality of care. All those things are true, but we […]
[…] taxes tomorrow. You can draw your own conclusions, but keep in mind that CBO is now making the absurd claim that a giant new healthcare entitlement will reduce budget […]