Strap on your George Orwell model 1984 environmentally friendly propeller-driven beanie, newspeak, doublethink thinking cap because here comes some new math.
When President Obama recently addressed Congress he included the statement, “If we are able to slow the growth of health care costs by just 1/10 of 1 percent, then we should reduce the deficit by $40 trillion over the long term.”
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This is $13.33 million for each of the 300 million Americans. I propose we give each American a $10 million health care savings account. The remaining $1 quadrillion could set up an annuity that could provide around $5 trillion annually to fund the federal government.
They would no longer need personal, corporate, excise or real estate taxes. At least not until they were broke again.
The only way these projections won’t work is if the president’s numbers are not reality based, but then we must all answer the question, “How many fingers do you see, Winston?”
James Garhart
Wasilla


Comments
6 comment(s)Palmer Farm wrote on Oct 20, 2009 3:01 PM:
Littlebird wrote on Oct 19, 2009 2:19 PM:
Power Wagon wrote on Oct 19, 2009 12:04 PM:
sharpie wrote on Oct 19, 2009 5:05 AM:
I'll step up to bat for Palmer Farm: You want 'specific references' in a 100-or-less word blog?! GO GET A HISTORY BOOK!! And while you're at it...take an economics 101 class! Increasing spending to 'stimulate the economy' has NEVER worked in this country! Even FDR's famous projects were starting to sour before WWII began! The only time this country has seen a bounceback in the economy was when taxes were CUT! Not 'here and there' or 'sometimes'...EVERY time! Sheesh! It gets old with those that want others to do the work for them! "
akfangler wrote on Oct 18, 2009 10:23 PM:
Please explain the proof you have that cutting gov't spending and taxes has helped in times of economic strife. I'd appreciate specific references. "
Palmer Farm wrote on Oct 17, 2009 9:56 PM: