Saturday, May 5, 2012

Cost of Obamacare

In the past 6 months there have been 7 studies of which I am aware, that project the cost of Obama care to be much higher than previously thought. They all come out with a note of surprise. Now I ask you to use your common sense and tell me, that when the President said his plan would insure 31 million new people at no additional cost, what did you think? Recall the old adage about no free lunch. Recall when your dad told you that you can’t get something for nothing. Recall when you were warned that if it sounds too good to be true it probably isn’t. When the government promises to give you something, take some time to think it through. Remember the government gets money in two ways. They either take it from someone who earned it or they just print it and if you think printing money is free don’t be surprised when inflation comes roaring back. Many economist think that inflation is the cruelest tax of all.

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