Richard Epstein, senior fellow at the Hoover Institution, in his article "The ObamaCare Quagmire", says that the law is so poorly written, so poorly designed that it seems "built to fail."
The chart below was prepared by Kevin Brady, a Republican representative from Texas representing large parts of Houston and Beaumont. If even remotely accurate, it would seem to validate Richard Epstein's analysis about certain failure. (Click on the image or the link above for a large version. )
From the Dailybail.com,
The new law creates 68 grant programs, 47 bureaucratic entities, 29 demonstration or pilot programs, 6 regulatory systems, 6 compliance standards and 2 entitlements. What could possibly go wrong?
What could go wrong? "..and it won't add a dime to the deficit!!"
According to Yahoo News, Obama said repeatedly that his healthcare "won't add a dime to the deficit." Here's Obama's quotes;
"I want to be very clear," said President Barack Obama on July 18, 2009, in a weekly address to the nation. "I will not sign on to any health plan that adds to our deficits over the next decade."
He said it again at a Town Hall in Shaker Height, Ohio, five days later: "And I mean it," and again before a joint session of Congress two months later -- "period."
So, perhaps now the president can explain why the new report by the Congressional Budget Office said his national health care law will cost $1.76 trillion "over the next decade" rather than the $940 billion he said it would cost.It won't add a dime, it will add $1.7 trillion to the deficit!
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