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Economists specialize in pointing out unpleasant trade-offs - a skill that is on full display in the health care debate. We want patients to receive the best care available. We also want consumers to pay less. And we don't want to bankrupt the government or private insurers. Something must give.
Since Medicare is on track to go bankrupt in 2024, the de facto Obama Medicare plan is to rob it and watch it disappear, leaving future generations without any hope of receiving benefits and today's seniors with an unpredictable future.
And I think we as a people need to stop being disingenuous about what the Constitution provides for. It does not provide for this all-encompassing power that we've seen exercised over the last several decades. It's what's gotten us into this bankrupt position.
The American people I talk to don't spend every moment thinking, 'How can I tax my neighbor more than they're being taxed?' They say, 'How can I get a good job? How can my kids get good jobs? How can seniors have a confidence in their future when they know that Social Security, Medicare and Medicaid are bankrupt?'
The work in S, M, L, XL was almost suicidal. It required so much effort that our office almost went bankrupt.
Medicaid is essentially bankrupt, Medicare is essentially bankrupt, why the heck would we give the federal government another entitlement program to manage?
Network television has been attempting to lure viewers for years with its low-interest programming only to have those viewers discover later that their brains are bankrupt.
P. J. O'Rourke
Obamacare won't just bankrupt the country. It may bankrupt small businesses. It may bankrupt individuals.
I wanted it to be like Amy Grant, but it didn't pan out that way. My label actually went bankrupt, and I was left without a home.
Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico.
I was raised on government cheese. As an adult, in my first marriage, my husband and I worked real hard just to go bankrupt. I happened to write some jokes about it. I did real well for myself.
I write slowly by hand. Publishing is effectively bankrupt for you unless you are Danielle Steele. It takes a year to write book and advances are going down or disappearing.
I've developed a lot of reform proposals myself and been accused of trying to destroy Social Security, when the whole point was to try to save it. I think most people know that Social Security is bankrupt.
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
Of all the artists on Death Row, none of them went bankrupt.
If we fight our enemy using the same inhumane and morally bankrupt techniques that we are trying to stop, we will simply become what we have beheld.
Those who remember New York in the 1970s, as I do, look back on a city that had hit a very rough patch - decaying, bankrupt, and crime-ridden. But fun.
In the 1970s in New York, everyone slept till noon. It was a grungy, dangerous, bankrupt city without normal services most of the time. The garbage piled up and stank during long strikes by the sanitation workers. A major blackout led to days and days of looting. The city seemed either frightening or risible to the rest of the nation.
If 'Obama-care' becomes fully implemented in 2014, it's going to bankrupt states.
Barack Obama inherited a bankrupt economy, a bankrupt government, and a bankrupt foreign policy.
Thomas P.M. Barnett
The good news is, we're not bankrupt. The bad news is, we're close.
Richard J. Codey
When I went into GM there was a lack of morale. The company had gone bankrupt and the people who worked there were embarrassed. Underneath all of, though, there was a will to show what they were capable of, but nobody knew exactly what to do.
Edward Whitacre, Jr.
Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
Every city and town in America would be bankrupt if they kept their books the way private-sector companies keep their books - because of the obligation cities and towns have taken upon themselves to provide health care for their retirees.
Clayton M. Christensen
The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.
Martin Luther King, Jr.
C. S. Lewis
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