The Yahoo!Finance people are at it again, providing their usual one-sided video platform for dispensing of falsehoods here today putting up an interview with former OMB Director David Stockman who is no fan of "Obamacare" so-called.
So why should it be repealed?
“It is the worst law ever passed in the last four decades by the federal government,” Stockman argues in the video above.
“It is a massive entitlement to end all entitlements. It is going to cause a fiscal hemorrhage that is not even yet anticipated.Here its Stockman's turn this time to be the messenger who can carry and deliver the always manifest false metaphor which is required to keep the rubes in the dark.
Hey Stockman you idiot! Its a CLOSED SYSTEM you moron! It CAN'T "hemorrhage" you dope!
James Galbraith has an article in the NY Times:
ReplyDeletehttp://www.nytimes.com/roomfordebate/2013/10/02/can-obama-ignore-the-debt-ceiling/government-doesnt-have-to-borrow-to-spend
I saw that Galbraith article. Great!
ReplyDeleteAs far as Stockman, remember this and this.