There's no lie too low for liberals when advocating their socialized health care
On "Face the Nation" this morning, some jackass threw out the lie that we spend 17% of our economy on health care cost increases, and that that's more than what we pay in taxes. I should not need to explain the difference between costs and cost increases.
It's a statistic commonly thrown out that health care is17% of U.S. GDP, which would be about $2.6 trillion of a $15.5 trillion economy's annual output. Federal tax revenue is about $2.3 trillion, which is ignoring the $1 trillion that the federal government is borrowing in the name of John and Jane Taxpayer. Nonetheless, I for one would rather pay 17% of my income on health care I want and need, than any amount to a government that spends my money any damn way it pleases.
On the McLaughlin Group, some sensible fellow had a point I've made for years: this isn't about people paying for things with their own money, but with someone else's. Even private insurance works that way, undeniably, but at least I have the choice of paying in.
It's a statistic commonly thrown out that health care is17% of U.S. GDP, which would be about $2.6 trillion of a $15.5 trillion economy's annual output. Federal tax revenue is about $2.3 trillion, which is ignoring the $1 trillion that the federal government is borrowing in the name of John and Jane Taxpayer. Nonetheless, I for one would rather pay 17% of my income on health care I want and need, than any amount to a government that spends my money any damn way it pleases.
On the McLaughlin Group, some sensible fellow had a point I've made for years: this isn't about people paying for things with their own money, but with someone else's. Even private insurance works that way, undeniably, but at least I have the choice of paying in.
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