Costs Never Go Up

Do you believe Obama when he says his health care plan will pay for itself?

Maybe you should read this article by Jillian Bandes, who shoots that down quickly.

Consider these government programs:

- In 1983, congress mandated that Social Security be financially solvent for 75 years and they crowed about it. Even the best estimates now put it as running out of money 21 years early, and most agree that’s sunshine and lollipops.

- The US Postal Service has been under order by law since 1970 to make a profit or break even. They lost $2.8 Billion last year and will be under by $6 Billion this year.

- In 1970, we were told Amtrak would be solvent within 5 years. $30 Billion of red ink later, nobody ever thinks it will make money.

When has ANY government program EVER cost what the original estimates were?

Consider this as well – the government itself has already raised the estimated cost of just part of this massive governmental takeover to over $1 Trillion, and that doesn’t account for things like expanding medicaid. Including everything the administration is discussing pushes the cost to over $6 Trillion by some estimates.