HappySqurriel on 24 March 2009
Even if you fully support government run universal healthcare you have to agree that the timing is pretty awful for the United States to move in that direction ...
- The National Debt of the United States of America will be larger than their GDP starting in 2009 and for the foreseeable future
- The National Deficit of the United States is at record levels and without overly optimistic estimates about economic growth (some would say dishonest estimates) these record deficits will last for the foreseeable future
- Current unfunded liabilities of the United States are approaching $100 Trillion (yes $100,000,000,000,000)
- There is a very real risk of China not buying US Treasuries in the near future because they will be devaluing at too rapid of a rate ...
- The model for healthcare that currently exists is broken ... Healthcare costs (regardless of who provides healthcare) continues to skyrocket and people continue to get less and less healthy
