Avoid Bankruptcy - Spend More

In an attempt to pull the wool over people's eyes, Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.

http://www.cnsnews.com/public/content/article.aspx?RsrcID=51162

Hold on. You mean the health-care plan is a business strategy to avoid bankruptcy? Silly me -- I thought it was about taking care of sick people.

These people are morons! First, Keynesian spending has never been known to work. You tell me that it worked for Roosevelt. Oh really? Then are we to look forward to seven years of depression with 25 % unemployment? Second, health-care spending cannot possibly bring in more net revenue. You are adding expenses when you broaden coverage. But then, Obama was never about revenue. Remember when he was reminded that cutting capital-gains taxes would increase revenue, but responded that "fairness" (rich people paying more) was his objective?

This is worse than gambling. At least when you gamble you take money and bet it on something that might bring in money. But this is like hitting your mom up for money to invest at the track - and then instead, spending that money boozing with your friends. These legislators show classic signs of addition: foolish risk, denial, lying, destructive behavior.

~Cato