In case you’re confused, medical costs are suppose to decrease under the proposed legislation and job creation is supposed to increase.
“The nation’swill keep spiraling upward even faster than they are now under Democratic legislation pending in the House, a report from government economic experts concluded Wednesday.”
Does the White House have a reason for this? Of course they do, “The Obama administration immediately challenged the analysis, saying it is out of date because the House bill is being rewritten to bring costs under tighter control and will be merged eventually with other House legislation and a Senate bill.”
You be the judge. However, estimated costs of government programs are ALWAYS lower than they turn out to be. “Washington has just run a $1.4 trillion budget deficit for fiscal 2009, even as we are told a new health-care entitlement will reduce red ink by $81 billion over 10 years. To believe that fantastic claim, you have to ignore everything we know about Washington and the history of government health-care programs.”
“While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs. To see how stimulus has failed your state, see the table…”
Lastly, here’s a great (short) video on our increasing deficit (under Obama, not Bush).