Re: will universal healthcare ( in the usa) cut RN pay?
Although Obama would come close to meeting his goal of cutting in half the deficit he inherited by the end of his first term, the CBO predicts that deficits under his policies would exceed 4 percent of the overall economy over the next 10 years, a level White House budget director Peter R. Orszag yesterday acknowledged would "not be sustainable."
The result, according to the CBO, would be an ever-expanding national debt that would exceed 82 percent of the overall economy by 2019 -- double last year's level -- and threaten the nation's financial stability.
"This clearly creates a scenario where the country's going to go bankrupt. It's almost that simple," said Sen. Judd Gregg (N.H.), the senior Republican on the Senate Budget Committee, who briefly considered joining the Obama administration as commerce secretary. "One would hope these numbers would wake somebody up," Gregg said.
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
Under questioning by members of the Senate Budget Committee, Douglas Elmendorf, director of the nonpartisan Congressional Budget Office, said bills crafted by House leaders and the Senate health committee do not propose "the sort of fundamental changes" necessary to rein in the skyrocketing cost of government health programs, particularly Medicare. On the contrary, Elmendorf said, the measures would pile on an expensive new program to cover the uninsured.
http://www.washingtonpost.com/wp-dyn...071602242.html
Reform does not mean "expand giveaways". Reform is a reduction is costs, not an expansion of care to everyone. We cannot afford as a country to do this. By 2020 this country will be broke and then NO ONE will get care. I don't grasp why, for so many people, this is such a difficult thing to understand.
Medicare and Social Security are collapsing, conveniently enough...JUST BEFORE baby boomers start to retire. How is this nation going to give everyone health care and pay the enormous debt involved in these programs coupled with an expansion in 'food stamp' and other social programs? This is leading us into a pit from which we will never escape. Wake up.
1 in 9 Americans on food stamps:
http://www.reuters.com/article/domes...55270Y20090603
Obama to spend 10.3 Trillion on welfare in the next decade:
http://www.heritage.org/Research/Wel...load/SR_67.pdf
Roughly 50 cents of every dollar our government is spending is 'borrowed" money through sales of Treasuries or direct monetization of debt. 30 year treasury bonds used to be sold a few times a year and are now sold every few weeks.
'Will we take a pay cut' isn't even the question. 'Will the country survive' is the real issue.
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