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Obama:United States is on the path to financial insolvency

hypocritexposer

Well-known member
President Obama has repeatedly stated that the United States is on the path to financial insolvency with the expected increased costs to Medicare and Medicaid. "The status quo," Obama repeated to the New Hampshire audience, "is unsustainable and unacceptable. So reform is not a luxury, it's a necessity."

So the question is, if heading to perpetual budget deficits and financial insolvency with the status quo of Medicare and Medicaid, and Obama plans to have the federal government continue to spend every dollar of the status quo spending plan, isn't his healthcare proposal also a plan for financial insolvency and perpetual deficits?
 

Sandhusker

Well-known member
Yes. The finanical genius also wants to spend a trillion on Obamacare and then install the biggest tax ever via cap and trade. The man is a genius.
 
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