Wednesday, March 8, 2017

Medicaid: From Helping the Poor to an Entitlement Leviathan

Medicaid was established to help the poor.  But as usual, Beltway courtesans aren’t content with a government program’s original mission.  No, they have to subject everyone to the wonders of bureaucratic red tape by turning it into an entitlement. 

Middle-class families, who once proudly were able to afford private health insurance, are now forced to go hat in hand to a federal commissar for a government handout.  Mind you, this country is $20 trillion in debt with $200 trillion in unfunded liabilities.  Take a look at the graph below and tell me this is sustainable.

If you think healthcare is expensive now, wait until it’s free.  Venezuelans have universal healthcare.  I wonder how that’s working out for them.


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