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« Is this another one of Obama's "expiration date" pronouncements? | Main | Lynch's Flip Flop on the LLC tax - Jack Kimball's take »

"threaten to wipe out the American economy within four years" if it adopts a health care overhaul modeled after the Bay State's"

Is this a case of "be careful for what you wish for" , or "those who do not learn from history are doomed to repeat it"?  From the Washington Examiner:

This weekend, David Axelrod, the president's top political advisor went on television and defended Democrats health care reform efforts by favorably comparing it to the state health care plan in Massachusetts:
"Senator [Scott] Brown [R-Mass.] comes from a state that has a healthcare plan that's similar to the one we're trying to enact here," Axelrod said on ABC's "This Week". "We're just trying to give the rest of America the same opportunities that the people of Massachusetts have."
By "the same opportunities that the people of Massachusetts have" I hope Axelrod isn't referring to premiums growing 21 to 46 percent faster than the national average or per capita health spending increasing faster than the national average in seven of the last eight years.

Oh joy - as if life isn't expensive as it is!  Actually for me, the hardest to take with RomneyCare is the individual mandate - the same feature that will put you behind bars in Obamacare is in RomneyCare (albeit, just fines and not jail bars).  Individual freedom?  Individual choice? Apparently, that important aspect of Conservatism has been (will be) sacrificed on the alter of "the common good).

Oh wait, there's more!

The Massachusetts treasurer said Tuesday that Congress will "threaten to wipe out the American economy within four years" if it adopts a health care overhaul modeled after the Bay State's.
Treasurer Timothy Cahill — a former Democrat running as an independent for governor — said the local plan enacted in 2006 has succeeded only because of huge subsidies and favorable regulatory changes from the federal government.
He asked, "Who, exactly, is going to bail out the federal government if this plan goes national?"
...He also gave reporters a copy of a recent state ledger sheet, showing the state's Medicaid program ballooning from $7.5 billion to a projected $9.2 billion since the plan was adopted. Meanwhile, of the 407,000 newly insured, only 32 percent paid for private insurance wholly by themselves.

History to be.  Remember, Obama's Administration already owns a $60 Trillion shortfall in unfunded mandates for SS and Medicare - 4 X national GDP.  THIS YEAR, Social Security is demanding payment on the IOU's from the rest of the Feds - and they don't have it!

Socialism demands other peoples' money - and as we are seeing in the news, if the Dems are happy to run roughshod over the Constitution by voting to not vote to pass a bill, they will have no compunction about deeming us as having "the other peoples' money".
 

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