We could all have $10 million for health care

To the editor:

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.”

I know, let’s freeze the amount of health care spending, using the admitted amount of waste, fraud and abuse for needed actual health care and we could reduce the growth by 100 percent for a savings of $4 quadrillion ( $4,000,000,000,000,000) over the long term.

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