Originally Posted by Direckshun
His point stands -- we had our fiscal house in outstanding order at the turn of the century.
We eroded that over the past decade.
At the turn of the century, the dot-com bubble was bursting sending our economy into recession. The foundation for the disastrous housing bubble had been laid. And al Qaeda had been allowed to grow into an international threat capable of killing 3000 people on our own soil. Those were the good ol' days.
Obamacare’s fix for an American health care system that the federal government long ago broke, is to give the federal government far more power over American health care; that its solution to escalating health costs is to mandate greater health benefits (and, hence, higher costs); and that its solution to the pricey overreliance on pre-paid health plans — offered by insurance companies in lieu of real insurance — is to have the government require Americans to buy those pre-paid health plans under penalty of law.