Monday, January 02, 2006

Boondoggle Update

The most serious disagreement I have had with my brother-in-law since he went into Congress was on the issue of the latest Medicare prescription benefit program which he voted for and then tried to defend. If you don't remember, the House had to hold the vote open for 3 hours past the usual 15 minutes in order to bribe and pressure enough votes to pass it. Now we see seniors trying to understand the thing as it will go into effect this year. My objection that a federal program which paid for my prescription drugs when I could well afford them would eventually break the bank. Evidence that I am right is now being brought to light as the estimates for the cost of the thing keeps going up. Neal Boortz's opinion is given below.

George Bush's massive new entitlement program, the Medicare prescription benefit will prove itself to be a bottomless pit where taxpayers money is squandered on prescription drugs for members of the Gimme Generation who, for the most part, could damn well afford to buy them on their own. When this monstrosity was passed the average senior citizen in this country was spending about $600 a year on their prescription drugs. That's less than they were paying for their cell phone bills. Now with this quasi-welfare program the drug companies will step up their advertising and the wizened citizens will be demanding this, that and the other thing. The original cost estimate was $300 billion over ten years. By the end of 2006 that estimate will be at one TRILLION dollars.

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