Obama lied, intelligent unsurprised

Pilgrim

Veteran Expediter
Retired Expediter
Keep in mind that in 1967 the House Ways & Means Committee projected that by 1990 Medicare would cost $12 Billion. Actual cost for Medicare in 1990 was $110 Billion. It probably wouldn't be a stretch to guess that if ObamaCare isn't repealed its cost will be at $10 TRILLION after 10 years. Something else to think about is the debt bomb Obama and his cronies are putting in place by keeping interest rates artificially low. Once the rates get back to normal our debt service will be enough by itself to sink our economy. If you want to see our future, take a look at Greece right now - I'll bet they thought their uncontrolled spending and no-limit entitlements would never catch up to them either.
 
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