Sunday, June 7, 2009

Democrats Weigh Health Mandate as Obama Urges Taxing Wealthy

By Laura Litvan and Ryan Donmoyer- June 7, 2009
L.A.W. -- Obama is cramming through universal health care, a very large entitlement program, as fast as possible. He knows damn well the American public would not allow the spending, in light of the debt for future generations.
Obama states he is “mindful” about how “ordinary Americans are able to foot the bills." Oh really, do we get away with running wild with spending because we have on-demand printing and the Chinese government buying our treasury notes? Obama may well be clinically insane on the topic of how we "foot bills." At a minimum he's reckless with our credit and hamstringing future generations with unsustainable government spending and bankrupt socialistic ideals. Our "well traveled" President would do well to pay close attention to health care limitations in Canada, Britain and Germany and be honest with the American public.

From the story: "The effort to overhaul health-care would affect a sector that makes up 17 percent of the U.S. economy. The goal of Democratic supporters is to provide insurance to most of the nation’s 46 million uninsured, and lower the soaring cost of care. A key challenge is the potential impact of legislation on an already rising U.S. budget deficit that may reach $1.8 trillion this year." full story

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