Bondoogle! CPI For Medical Costs Growing At Over 2x Inflation Rate

The Patient Protection and Affordable Care Act (aka, Obamacare) was passed into law by President Obama in 2010. President Obama promised repeatedly that premiums would decline by $2,500 per year under Obamacare. Sounds terrific, no?

The reality is that the YoY growth in the average cost of medical care in the US is now over twice that of CPI “inflation” YoY.

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Well, now you know why House Speaker Pelosi told everyone that Obamacare has to be passed BEFORE you can see what it is in.

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This is what is called by a Swiss economist friend of mine “a bondoogle.”

Here is a video of Senator Elizabeth Warren’s “Medicare For All”.

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