Tuesday, September 29, 2009

You had your chance, now it's broke

The federal government’s track record with social programs is dismal at best. The US Postal Service was established in 1775. After 234 years of trying to get it right, it is now broke. Social Security was established in 1935. After 74 years of trying to get it right, it is now broke. Fannie Mae, established in 1938, after 71 years of trying to get it right, is now broke. The ‘War on Poverty’ started in 1964 and after 45 years has never been successful.

Medicare and Medicaid was established in 1965. 44 years later that program is broke. Freddie Mac, 1970. 39 years later is broke. The TARP, STIMULUS, The Omnibus Appropriations Act of 2009, all for naught. The ‘Cash for Clunker’ was a three billion dollar blunder.

With a 100% failure rate do we want to trust a government run national health care system? Some lessons are hard but this one borders on the ridiculous, not to mention that any sense of constitutionality stretches the English language well beyond intent.

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