Thursday, July 2, 2009
Key Senate Democrats trim cost of health care bill
In an economy where 13 million people are out of work and where industry is running at less than 70% of capacity, Congress is looking to spend less. There is a collapse in demand and only the Federal Government can restore this. Spending on something as vital as health care would at least provide demand in the health sector. They don't udnerstand this. They are paralyzed by "cost" and see nothing in terms of investment or stimulating demand.
It is also amazing that this is being led by Senate Democrats. The Dems idiotically cling to conservative Republican "fiscal responsibility" playbook. That is what is killing us!!