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Canuck57[_9_]

On 22/03/2010 9:33 PM, wrote:

The problem is "the law" can easily change and make the projection
wildly wrong. That is what happened to Medicare. Once they got the
framework in place it became a Christmas tree that everyone could hang
ornaments on. That is the fear with this bill. The congress is already
saying they are going to "fix all the problems" that were created to
get it passed in the first place. I am sure all of the cost saving
devices will be the first things to go, like the Medicare cuts, the
tax increases and the limits on what they grant the states.

Good annology. And he reason they don't want it in a seperate fund is
so they can hide the skiming as they ask for more, and more taxes. Foot
is now in the door, going to be hard now to stop.

As I said earlier, based on what congress said about the cost of
Medicare and what actually happened.

In 1964 the estimate was Medicare would cost $12 billion by 1990. It
was really $107 billion. When you are off by almost an order of
magnitude that is not really an estimate, it is a fantasy or being
less generous a lie.

Yet, times change. No entity could possibly know the future in that much
detail. It's been nearly 50 years since 1964.

... and the plan is broke.

Let's see how this actually works out. To start with there are already
at least 6 states suing over constitutional issues so this bill as
passed. Then you still have the reconciliation vote coming. Who knows
what deals have to be made to pass that.
I am as much worried about the back room deals and the pork that will
show up on other bills to get these votes as I am the bill itself.
Those are the ones you really have to be a "thomas junkie" to even
find.

This is true for just about any contentious legislation. Nothing new. That
requires a different effort to clean up.

There will be a bill to rename a post office in Fumbuck Mississippi
with a $300,000,000 bridge to nowhere in it so that congressman would
vote for this. Multiply that by the three dozen votes they had to
wring out and you are talking about some money. That is just how the
process works.

I agree. Better still, it looks like some in the press are actually looking.
It'll get easier as time passes.

Wanna bet? Entitlements are already bankrupting the country and they
just added a huge new one.

They will. When the tax bill arrives people will be ****ed to no end.
It will not be just income tax, sin taxes, utilities, gas and like EVERY
other nation with a statism government VAT, a national sales tax. At
some point government will go for a national sales tax.

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Politicians don't provide anything, the tax payers do.