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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (2312)10/25/2007 10:38:47 AM
From: Mary Cluney  Read Replies (1) | Respond to of 42652
 
Look at it another way. 5% annual interest on $2.4 trillion comes to $120 Billion per year forever.

Look at it another way. If you were a business person or just a stay at home person balancing a budget, wouldn't you want to know what you are getting for borrowed money you are spending? Wouldn't you want some accountability?

Wouldn't you be a little bit concerned if you failed to borrow enough from your creditors with an open check book and need supplemental borrowing of $46 Billion for essentials (like food, bullets, and other essentials to support your soldiers who you say are fighting an existential war for survival)?

Is this just a bit alarming or not?



To: John Koligman who wrote (2312)10/25/2007 12:06:17 PM
From: TimF  Read Replies (1) | Respond to of 42652
 
Yeah, I saw that today, and additional commentary that it comes out to around $8,000 for every man woman and child in the US. Hey, come to think of it, that sum might cover health insurance for all!

The US spends close to that much on health care per person per year. That's one year. The $2.4 tril cost for Iraq and Afghanistan, is not for one year. Even if the wars went on forever the cost wouldn't add up to enough to cover health care, not even if you subtract what the government is already spending.

Any way you slice it, 2.4 Tril goes a long way.

Not when your trying to cover all health care costs in the US. You might get one year. Do you plan to have universal health care for one year and than cancel the program? I doubt it.

PS - Bush said not long ago that he envisioned a 'Korea' type situation in Iraq, so perhaps this is a 50 year long 'one time cost'...

"A Korea type situation" would cost much less per year than our current spending.