Thursday, July 19, 2007

You want these guys to manage your health care?

So we all want "free" health care run by the government.

Well the government already runs a segment of the country's health care called Medicare. Here's the performance of that system as reported by John Stossel.

Medicare has a 75-year $34 trillion unfunded liability! Its costs are growing faster than inflation. Social Security has a 75-year $5 trillion unfunded liability. These are Ponzi schemes that will be bankrupt before Moore reaches retirement age. The U.S. mail manages to deliver his dad's checks, but compare its performance to FedEx or UPS. The Post Office said it wasn't possible to deliver packages overnight.


And the government has the kahunas to prosecute people for Ponzi Schemes.

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