Saturday, March 20, 2010

Guess again....

I don't suppose any of use here on earth really know what the future holds. We can all guess, and there is evidence that some people are better guessers than others, but it's still a guess.

I'm guessing before too long the federal government will be even more involved in health care than it is now. Maybe not this weekend, but before too long.

I read an article in the paper this morning that the government is guessing the currently proposed health care bill will cost $940 billion over the next 10 years.

Of course, when they started Medicare Part A in 1965, they guessed the cost in 1990 would be $9 billion. Turns out it was $67 billion.

If they're not any better at guessing now than they were then, the actual cost of the proposed bill could end up around $7 trillion.

And I'm guessing they're not.



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