Pres BO and the Dems sold BO-Care on the grounds that it was necessary to control health care costs.
In fact, health care costs are going up and will continue to go up.
Check this:
"President Obama's health care overhaul law will increase the nation's health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.
A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama's aim of expanding health insurance — adding 34 million Americans to the coverage rolls.
But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs.
It also warned that Medicare cuts may be unrealistic and unsustainable, driving about 15% of hospitals into the red and "possibly jeopardizing access" to care for seniors.
The mixed verdict for Obama's signature issue is the first comprehensive look by neutral experts." (AP)
Who was foolish enough to believe that a government takeover of 16% of our GDP would make things better or lower costs?
I didn't buy it. And lots of voters don't buy it either: 56% Support Repeal of Health Care Law
Ed Morrissey nailed it:
"We’ve heard a lot of nonsense about ObamaCare and its fiscal discipline coming from its authors, advocates, and the national media.
We’re finally starting to get the truth, but only after the bill became law.
The electorate needs to punish all of those who voted for this disaster despite its deep unpopularity and work to defund it in the short term and repeal it when possible."
We've also heard a lot from this administration about Wall Street and how they misled investors.
Who is going to investigate this administration for misleading voters?
Let's hope that voters turn out and punish the charlatans responsible for this budget buster called BO-Care.
P.S. The WSJ called it: ObamaCare Mulligan
The Washington Examiner called it: Obama's credibility crisis
Brian Calle wrote this:
"What that means for the industry, according to Pyott, is that doctors will see downward adjustments to their payments while drugmakers and device manufacturers will face higher taxes and lower sales."
P.S. Check out Monday's thoughts:
