If you want to see costs skyrocket, try doing nothing at all
Tuesday, July 28, 2009 at 20:22 Whoa boy, were the naysayers as happy as pigs in shit when the Congressional Budget Office came out with a less than happy forecast on the cost of the proposed healthcare reforms. You could just hear the cheering from across this great land of ours.
Yeah, yeah, yeah. It’ll cost another $1.6 trillion to the already ballooning federal budget.
As John Packham points out in yesterdays Reno Gazette-Journal, that is only about 1 percent of the projected total gross domestic product over the same time span, expected to be $187 trillion.
Context is everything in a debate like this. When you cherry pick numbers - out of context - they either become meaningless or fodder for those who only get their news from talk radio.
Let me give you one reason that initiating universal coverage will be so expensive:
