Then he detailed the finances. “On cost, the Senate Finance Bill would total $829 billion. The Senate Health Committee Bill $645 billion. And a House version, more than $1.2 trillion.” He added that only one lowers the deficit, saying “the Senate Finance Bill subtracts $81 billion, but the other two bills add to the deficit.”
Now we know that to be largely bogus. Government programs rarely cost what they are predicted to cost. Medicare is a classic example. Back in 1965, it was estimated that the “hospital insurance portion of the program, Part A, would cost about $9 billion annually by 1990.v Actual Part A spending in 1990 was $67 billion,” according to a congressional report. That’s more than seven times higher. Suckers.
Yet, our modern day Barnum isn’t honest about that either. He wants his health care bill to pass. Heck, he wants anybody’s health care bill to pass so he doesn’t fail on his major initiative. How to pay the trillion-dollar costs doesn’t matter. He won’t be in office when most of that happens anyhow. The current plan has the health care reform bills kicking in in 2013. So even if Obama wins a second term, he’d already be re-elected and any complaints the crowd has would be meaningless.
About par for the course for a master showman – part actor and part snake oil salesman. And what could be more snake oil than a health care plan that not one person in America can explain because it hasn’t even been written?
Barnum would have been proud. After all, most of the Barnum menagerie is still here. Want some circus freaks? Look no farther that Markos Moulitsas of the Daily Kos and the rest of the lefty blogger and Twitter brigade. Instead of Tom Thumb, Obama’s got Dennis Kucinich, pushing for a public option that would seize one sixth of the U.S. economy. Instead of the bearded lady, it’s White House Communications Director Anita Dunn acting tough and trying to take down Fox News.
Forget the circus clowns because Obama has Joe Biden filling that role admirably, putting alternate feet in his mouth saying they underestimated the depths of the economic problems and then claiming they had saved us from them.
But despite all those outlandish performances, Obama is moving closer to wrecking the American health care system under our very noses. No, there isn’t a sucker born every minute. At that rate, it would take nearly 600,000 years to equal the U.S. population, and we’ve become a nation of suckers much faster than that.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins