On Sunday, as will happen every day for two decades, another 10,000 baby boomers became eligible for Social Security and Medicare. And Congress moved closer to piling a huge new middle-class entitlement onto the rickety structure of America's Ponzi welfare state. Congress has a one-word response to the demographic deluge and the scores of trillions of dollars of unfunded liabilities: "More."Read the whole thing.
There will be subsidized health insurance for families of four earning up to $88,200 a year, a ceiling certain to be raised, repeatedly. The accounting legerdemain spun to make this seem affordable -- e.g., cuts (to Medicare) and taxes (on high-value insurance plans) that will never happen-- is Enronesque.
Tuesday, March 23, 2010
The Coercive Dependency Agenda
A must-read George Will column on what Obamacare does: It doesn't fix the healthcare system but it is a big win for the Democrats "dependency agenda."
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