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Friday, February 3, 2012

The D'unh and the Elephant

7:13 AM 0 comments

FoIB Holly R sends us two seemingly unrelated links which, upon closer inspection, are actually inextricably intertwined.

The D'unh:

"The Congressional Budget Office (CBO) released its Budget and Economic Outlook for years 2012 to 2022 yesterday ... as a result of increasing federal spending on health care, which will more than double between 2012 and 2022."

And the Elephant:

"Federal Reserve Chairman Ben Bernanke warned Thursday that rising health care costs must be curbed ... The elephant in the room is really health care costs."

Now let's try a little exercise: what major piece of recent legislation could possibly have been passed that would cause health care spending to increase so dramatically?

See, it's not so difficult.

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