Tuesday, March 19, 2013

"Bend Over and Kiss....."

Denninger:

In two years federal medical spending along with Social Security and interest will, on current paths, reach the total of all tax receipts. At the outside the market will realize that Congress will never address the underlying issue with medical care because they have steadfastly refused to do so. --quoted at Vox

He's not talking about ObozoCare per se.  He's talking about the overall costs--Medicare, Medicaid, AND ObozoCare, as currently administered.

Meantime, the violin section (Boehner, Ryan, and McConnell), are sawing away.

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