"Hilarious." – Daniel Hannan

The Even Greater Society

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In 2014, when Obamacare is scheduled to be fully implemented, HHS will become the first $1-trillion-per year federal agency. That year, Medicare and Medicaid will cost $557 billion and $352.1 billion respectively, or a combined $909.1 billion — about what all of HHS costs this year.

In other words, when Obamacare is just getting started, Medicare and Medicaid will cost more than the $822.6 billion in 2010 dollars than the entire federal government cost in 1965 when LBJ signed Medicare and Medicaid into law.

Good news!  Judging by government expenditures I’d say we just about have poverty and disease licked.


Written by MikeM

February 16th, 2011 at 6:39 pm

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