Gingrich at Republican Fundraiser Says Obama’s ‘Already Failed’

Regardless if they are partisan or not is besides the point. Forget about the article and just focus on what the CBO said. The point that you completely dodged is that the CBO has stated none of the reforms proposed by the administration is likely to significantly cut health care costs. In fact, the CBO said the reforms could even increase costs! Would you like to comment on this?

Of course it's not but it's certainly a major part of it. Obama himself is predicting failure when it comes to the massive deficits for the next decade.

I don't expect you to challenge the budget projections because you can't and attempting to would mean you challenging the Obama administration since they are themselves predicting the deficits. Once again, you can blame the previous administration all you want but Obama's enormous deficit projections are for the next decade and are exponentially larger than Bush's.

 

Would reforms reduce cost?
1. IT infrastructure - small cost reduction. In the 60's, why did every company go hire large IT staffs and build custom applications? Because then they could lay off a drove of book keepers. They built order entry systems, service request systems, etc., and they laid off the hoards of key punch clerical workers. They did it because it was cost effective, and accuracy improved greatly vs. manual and paper bound systems. Information was instantly available everywhere there was a computer, and it was the true source information and since it was not "copied", it was always accurate. I will also say that building a national scale system like this will be expensive, and operating it will also be expensive. Building in recovery capability and disaster recovery will be plain hard to do.
2. Disease management - I suspect a moderate cost reduction. It's like changing the oil in your car. Costs $20 every now and then, or you can skip it and buy a new engine every 3 years. It's cheaper to do the preventive maintenance, than skip it and deal with a major breakdown.
3. Comparative benefits - I would expect a BIG payback here. Dr. and patients don't consider total cost of treatment now, because the insurance pays for most of the cost. This should bring down the cost of expensive treatments since you would have the option to buy them out of your pocket, but would not if they were exorbitantly high.

By the way LA, you're doing a good job posting!

 

The strategy is to get these socialist policies in place ASAP, and at almost any political and $$ cost. Then, raise taxes to battle projected budget deficits.

Entitlements and government bureaucracy, once enacted and in motion, are very difficult to get rid of. They quickly become part of the static operating costs we have to bear.

Have no fear. There is a plan to pay for all of this.

If you're a successful, comfortable salaried employee, America thanks you in advance for supporting your comrades...

 

I'm afraid you are right. I think we will see a Europran style VAT before the end of the Obama administration.

 

Actually, I wouldn't mind a VAT nearly as much as long as it REPLACED other tax policy - not added to it. At least it's a choice - buy that item or not.

I'm afraid what's coming is a total raping of the folks who create jobs and wealth in America on behalf of those who despise and seek to redistribute wealth.

I'm thinking we'll see highly complex tax policies that drive UP our bureaucracy, disincentivize growth and production, and are targeted against the evil rich (i.e. everyone who makes a decent salary).

What point is there to bust my azz, take risks, and try to grow my business if Uncle Sam is just gonna take half of what I make and give it to the folks who were smoking dope and skipping classes in high school? Generalization? Yes. Accurate? Yes.

 

I meant a VAT in addition to income taxes.

I don't think there is any question that the plan is to tax the rich, but at the rate spending is exploding that won't be enough. The middle class will have to bear the brunt of it.

 

ergo my qualification of a "decent salary"...