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Bernie.... Bernie.... Berni

BoilerMadness

All-American
Jul 7, 2004
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Bernie has put on his Santa suit and he's giving gifts to try to entice people to vote for him. The most magnanimous gift is free college tuition for EVERYONE. Of course Bernie's hoping no one will ask who's going to pay for it. The WSJ has estimated, that if Bernie does everything he's promising, the tab will be around $18 Trillion. That's what we need, a doubling of the national debt. WOW, You can't make this stuff up.....
 
What'the Big deal, don't rain on Bernie's parade, stay on topic....(TIC)who's gonna pay for it, all of us working stiffs like we always do, thanks to the Lib's and Lefty's....lol
I've worked hard all my life, paid my taxes, put 2 3/4 kids through college and O ask why? My girls should have gotten knocked up at 16 and they would have gotten a free education. My wife and I should have quit our jobs and tale advantage of 21st century scholars etc. Hell talk about re-distributoon of
 
Bernie has put on his Santa suit and he's giving gifts to try to entice people to vote for him. The most magnanimous gift is free college tuition for EVERYONE. Of course Bernie's hoping no one will ask who's going to pay for it. The WSJ has estimated, that if Bernie does everything he's promising, the tab will be around $18 Trillion. That's what we need, a doubling of the national debt. WOW, You can't make this stuff up.....

Well? Apparently the WSJ made up their claim. So, we do have that.

And now we have the rebuttal, from the economist which the WSJ used to make their claim. It's actually kind of an interesting read. He seems to have a different opinion from the one the WSJ implied he had. And he has some additional numbers.

Cue Paul Harvey here. and now...the rest of the story....

http://www.huffingtonpost.com/gerald-friedman/the-wall-street-journal-k_b_8143062.html
 
Well? Apparently the WSJ made up their claim. So, we do have that.

And now we have the rebuttal, from the economist which the WSJ used to make their claim. It's actually kind of an interesting read. He seems to have a different opinion from the one the WSJ implied he had. And he has some additional numbers.

Cue Paul Harvey here. and now...the rest of the story....

http://www.huffingtonpost.com/gerald-friedman/the-wall-street-journal-k_b_8143062.html

Entertaining reading, but there is nothing I distrust as much as a Government program, that is going to run more efficiently and save us money over a similar program in the private sector. The Government is Lucy, the football is the alleged savings and the taxpayer is poor Linus, looking for something, that will never be there.

**The Journal correctly puts** the additional federal spending for health care under HR 676 (a single payer health plan) at $15 trillion over ten years. It neglects to add, however, that by spending these vast sums, we would, as a country, save nearly $5 trillion over ten years in reduced administrative waste, lower pharmaceutical and device prices, and by lowering the rate of medical inflation. -- I love the PROJECTED savings from big government programs. Show me ONE that provided saving, or the expenses were within 10% of projected costs in ten years? Usually, in ten years, the costs are several times the original projections. If the politicians told the TRUTH about what some of these programs were really going to cost, there would be a taxpayer revolt. I got a big chuckle out of "the reduced administrative waste", that the government would provide. That would be a first....

These financial savings would be felt by businesses and by state and local governments who would no longer be paying for health insurance for their employees; and by retirees and working Americans who would no longer have to pay for their health insurance or for co-payments and deductibles. Beyond these financial savings, HR 676 would also save thousands of lives a year by expanding access to health care for the uninsured and the underinsured. -- It sounds great, but it's not true. Someone is going to have to pay for it and the "soak the rich" methodology, that Socialists always rely on, will cause the rich to relocate and take their businesses and jobs with them. The last Socialist government in France caused a significant exodus of wealth. Rich people didn't get rich by being stupid. If the government tries to take too much, they can easily relocate.

The economic benefits from Senator Sander's proposal would be even greater than these static estimates suggest because a single-payer plan would create dynamic gains by freeing American businesses to compete without the burden of an inefficient and wasteful health insurance system. As with Senator Sanders' other proposals, the economic boom created by HR 676, including the productivity boost coming from a more efficient health care system and a healthier population, would raise economic output and provide billions of dollars in additional tax revenues to over-set some of the additional federal spending. -- All you have to do is find a brass lamp and rub it a few times and all your wishes will come true.... vbg
For all you people that think a single payer system is so great, we already have one in this country, it's called the VA. Take a poll of the Veterans and ask them how they like it.
BTW, I lived in Wales for two years and got a first-hand look at single payer there and I'll guarantee most of you won't like it.


This doesn't even begin to discuss Bernie's other programs, like FREE college tuition for everyone. So Bernie's going to make that education, that's costing about $40 - $50K per year free for everyone and nobody is curious where the money is coming from? Hint: if you confiscate the Net Worth of the top 1% - not annual earnings, but NET WORTH - you will not be able to run the current government for one year and you will have killed the cash cows, that create jobs. Yet Bernie is going to magically find the money to do this. Really??
 
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