Jul

31

Using ‘Cash for Clunkers’ as Predictive Model, Obamacare Will Cost $15 Trillion

Filed Under Conservative Side of the Story, Socialized Medicine, Statists (or Democrats for you Libs) 

- Scott Miller

money1My apologies for the lag in posts… I’ve been out-of-the-pocket on business.

As I’m sure you’ve heard by now, Congress’ ’cash for clunkers’ auto industry subsidy scheme is already bankrupt… and it’s barely a week  old.

The liberals are already pointing to this as a tremedous success,I’ll point to it as a predictive model in which we can accurately estimate the true cost of Comrade Obamacare.

Based on Congress’ record predicting how long $1 billion of American tax dollars will last in their newest central planning scheme, I’m predicting the true cost of Obamacare will be… get this… $15 trillion.

How did I get there? Easy:

1. Congress allocated $1 billion to the ’cash for clunker’ scheme.

2. Congress predicted that the $1 billion would last until November 1st, or 15 weeks from the launch of the program.

3. Seeing that the program is bankrupt after week 1, Congress was therefore off base on their cost prediction by a factor of 15.

4. Apply the same factor of 15 to the cost prediction of Obamacare, which is estimated at $1 trillion over 10 years, and it looks like Obamacare will really cost the American taxpayer $15 trillion over the next 10 years.

Hang on to that wallet!

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