Obama: Our Budget Deficits Unsustainable Unless We “Invest” In Nationalized Health Care
Right. That’s exactly what I tell my wife when we go over household budget. “Honey, we aren’t going to fix this until we spend more!”
But we know that our families, our economy, and our nation itself will not succeed in the 21st century if we continue to be held down by the weight of rapidly rising health care costs and a broken health care system. That’s why I met with representatives of insurance and drug companies, doctors and hospitals, and labor unions who are pledging to do their part to reduce health care costs. These are some of the groups who have been among the fiercest critics of past comprehensive health care reform plans. But today they too are recognizing that we must act. Our businesses will not be able to compete; our families will not be able to save or spend; our budgets will remain unsustainable unless we get health care costs under control.
Right. Because nothing says “sustainable budgets” like massive entitlement programs.
For the record, Medicare will be insolvent this year. Social Security will be insolvent within the next seven years. These are problems we’re facing right now, and the leader of our country thinks the solution to the budget disaster we’re facing (and he’s exacerbating with things like the “stimulus” spending spree) is…more spending.
If four years of Obama doesn’t cause the American electorate to flee back into the arms of fiscal conservatives I’m not sure what will.



