Warren Buffet And I Have The Same Advice

From Politico:

Billionaire investor Warren Buffett advised President Barack Obama on Monday to scrap the health care bill and start over.

In an interview with CNBC, Buffett said the current bill does not focus on controlling costs, which he sees as the central problem that must be addressed to reform the system. He added that while he does not like the Senate bill, he’d vote for it in preference to doing nothing.

I don't know why "doing nothing" must be the inevitable default; surely the Dems can do something if they want to work with some receptive Republicans on less grandiose bill.

That said, the Times offered an amusing article on the perils of doing nothing:

“People think if we do nothing, we will have what we have now,” said Karen Davis, the president of the Commonwealth Fund, a nonprofit health care research group in New York. “In fact, what we will have is a substantial deterioration in what we have.”

Nearly every mainstream analysis calls for medical costs to continue to climb over the next decade, outpacing the growth in the overall economy and certainly increasing faster than the average paycheck. Those higher costs will translate into higher premiums, which will mean fewer individuals and businesses will be able to afford insurance coverage. More of everyone’s dollar will go to health care, and government programs like Medicare and Medicaid will struggle to find the money to operate.

Have they read the CBO report?  Premiums aren't going down notably with ObamaCare, although some people will benefit from government subsidies.  Ad the CBO ignored the impact of more insured people availing themselves of medical services.

If cost control is the problem, ObamaCare is not the answer.

Comments

[Ignatz]

--I have yet to meet a single open racist who considers themselves a liberal.--

I have. But I've met far more who are closet racists who aren't even honest enough to let blacks know how little they think of them.
Which of course is why I have had more than one black friend tell me they prefer the open racism they've encountered to the patronising veiled superiority of white liberals and their behind-closed-door watermelon jokes.

--Stace, calling someone Uncle Tom or Aunt Jemima isn't racist. It's a characterization of their attitude toward race.--

What a frickin dunce. It's a characterization [read racial stereotype] of a black person's attitude toward race.

[bunkberbuster]

Ignatz: characterization is not stereotype. It's telling you don't understand the difference. Even more revealing is that you think it's racist to characterize a black persons attitude toward race. Of course, that would make you a racist, since you just characterized your black friend's attitudes toward race. Presumably, you think it's not racist to characterize a white person's attitude toward race -- either that, or you just haven't thought it through.

By the way, I would agree with you that there are a percentage of liberals who are more racist than they let on. But that's a human condition. Almost everyone's more racist than they let on.

[Strawman Cometh]

I would agree with you that there are a percentage of liberals who are more racist than they let on. But that's a human condition. Almost everyone's more racist than they let on.

so can we drop the pretense of racism as the greatest sin. or are your ilk getting too much mileage out of it?