Why ObamaCare is going to be a budget busting bill.

Dan Mitchell of CATO who I generally like despite his advocacy of trickle-down and Laffer curve economics (Keynesian) does a nice and simple job of explaining the underpinnings behind the "health care reform". 

Do watch and pass it along to those people who fail to understand that massive federal programs always miss their fiscal projections and expand to the point of becoming catastrophic liabilities.  While I do not oppose in principle the idea of Medicaid, that is catastrophic coverage for low income families, it has far exceeded it's original intention in both coverage and cost and now has to be either cut by 90% or ended.  We need to stop being a nation of "government should help us in times of need" and start being a nation of "government should enforce our natural rights, liberty and property". 

At this point, whether liberal or conservative we must unite in understanding that our deficits will destroy this nation.  Ultimately we can set aside what we believe in and face facts, we cannot afford anymore government and need to rapidly shrink all departments and services as we go through this very difficult time.