B2B
Since there is so much misinformation in efforts to kill the bill he has to keep re-selling/re-assuring the public on the fact vs fiction.
The healthcare bill is developed to be introduced incrementally. Some aspect of it like giving tax credits to a certain segment of population to purchase health insurance won't go into effect until 4 years from now. All provisions doesn't go into effect immediately.
Yes, left wants fiscal responsibility & less government intrusion. If you have doubts ask one of them. After all, who in the right mind doesn't want that? Fact - left has shown more fiscal responsibility than the right. Right talk about it all the time but look at the record. Deficit tripled under Reagan and doubled under Bush. It decreased under Clinton (while he governed more from the center).
In 2007 11% of federal budget was to pay the interest on the Federal Debt. It is the 4th largest federal government expenditure. $5 trillion of the $9 trillion deficit was from unfunded 2004 tax cuts and unfunded Medicare B supplements. Obama Administration inherited $52 trillion in unfunded obligation from SSI and Medicare on the Federal Balance Sheet. Let's not be so quick to blame him for all the financial woes.
Only reason the government created the SEC, Sherman anit-trust, Glass Stegall, Sarbanes Oxley etc. is in response to bad behavior of entities in a less regulated environment. Put it simply, there was 0 crime we wouldn't need law enforcement. Also consider that the reason why US has the most desirable capital markets attracting foreign investment is because of the regulation and high accountability standards. Get rid of most of it, we might as well be investing in Libya. Foreign investors will pull out of our markets and put there money elsewhere that provide them with better assurance. Then just watch the dollar free fall. Most economic crisis is a direct result of de-regulation - S & L crisis, Enron/Worldcom scandal, Financial market crisis, Housing crisis. Regulation is a double edge sword.
I never heard the story about the 3,000% nonsense and I wouldn't buy such claim for a minute if I heard it. According to the math I was taught I can't see any cost going dow less than 100% = 0. Cost can go up unlimited number of percent but it can't go down more than 100%.
You can argue about it all you want. The fact is doing nothing is not an option. OMB, most Economists, and all 3rd party experts believe Healthcare cost is the single biggest issue that can bankrupt the federal government. The Dems wanting incorporate their ideal about covering the less fortunate is one argument, but the fact is something has to get done to control the rising cost.
Where US ranks in education, healthcare, personal income etc. is not based on my hubris conviction that it is so because it's what I so believe. It's based on research and studies conducted by respectable organization.
