Our fearless fiscal warrior went on television yesteray to declare that our country will go bankrupt if he doesn't get his health care "reform" bill passed. Via ABC News [7]:
The president said that the costs of Medicare and Medicaid are on an “unsustainable” trajectory and if there is no action taken to bring them down, “the federal government will go bankrupt.”
“This actually provides us the best chance of starting to bend the cost curve on the government expenditures in Medicare and Medicaid,” Obama said.
Obama told Gibson that anybody who says they are concerned about the rising deficit or worried about tax increases in the future has to support this health care bill.
A few things here.
1) Congratulations on admitting to a keen grasp of the obvious. Anyone and everyone with a lick of common sense and the ability to read a financial report has pointed out that there is absolutely no way under the sun that the federal government will be able to continue to provide all the wonderful entitlement benefits that liberals have saddled us with without, eventually, going broke.
2) You lose any credit you might have gained for recognizing our financial strait when you proclaim that the only way to fix our problem is to "bend the cost curve" by creating yet another entitlement.
Also, this comes at the same time that the federal government has exceeded the statutory debt limit of 12.1 trillion dollars, and the Democrats are looking to increase it by an incredible 1.8 trillion.
What's bankrupting America is the politicians that support this kind of nonsense.
TAKE ACTION: Contact your members of Congress and tell them to say NO to Obamacare! [8]
