Tonight's Charlie Gibson interview w/Obama: O- "Federal Gov't 'Will Go Banrupt' if healthcare . . .

[Phoebe Loosinhouse]

http://abcnews.go.com/WN/charles-gibson-interviews-president-obama-full-transcript/story?id=9345954

TRANSCRIPT: Charles Gibson Interviews President Barack Obama
President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs are Not Reigned In
Dec. 16, 2009
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And last point I'll make on this: If we don't pass it, here's the guarantee, that the people who are watching tonight, your premiums will go up, your employers are going to load up more costs on you. Potentially they're going to drop your coverage, because they just can't afford an increase of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year. And the federal government will go bankrupt, because Medicare and Medicaid are on a trajectory that are unsustainable, and this actually provides us the best chance of starting to bend the cost curve on the government expenditures in Medicare and Medicaid.

So anybody who says that they are concerned about the deficit, concerned about debt, concerned about loading up taxes on future generations, you have to be supportive of this health care bill, because if we don't do this, nobody argues with the fact that health care costs are going to consume the entire federal budget.

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[debbierlus]

1. This bill doesn't reign in health care cost

Obama does not seem to grasp how angry he is making his base.

Lying will only inflame the outrage.

[Generator]

3. I know what the hell is he talking about

Where are the price controls that do anything?

[BeFree]

2. Well

Then there'd be no money for war, eh?

[AllentownJake]

4. The bankers tried that last year, gotta give him credit for a winning strategy nt.

[Parker CA]

8. KO compared the statement to the bank bailout rhetoric and said what a shame it was to see the

scare tactics in use.

[itsrobert]

5. cough: BULLSHIT cough

n/t

[muntrv]

6. Gee, soundin' like Hank Paulson on bailin' out Wall Street.

[Cha]

7. Your OP just reminded me that

the White House always said that Health Care Reform would actually help the economy.

[WeDidIt]

9. I'm sorry, I've been lied to so much I no longer believe what he says.

:shrug:

There it is.

[Clio the Leo]

10. thanks for posting. NT

[Clio the Leo]

11. Video, (full)

http://abcnews.go.com/Video/playerIndex?id=9357266

[IndianaGreen]

12. Obama's version of Dick Cheney's mushroom cloud mantra

and equally false!

[slipslidingaway]

13. Makes no sense, on one hand we are told that Medicare and Medicaid are ...

unsustainable and yet this bill we use hundreds of billions from these programs to subsidize policies in the For Profit HC industry.

In addition there is no negotiating for Medicare drug prices, one of the issues Obama said he would change during the campaign with possible savings of 300 billion over 10 years.

And then we are told this is the best chance to bend the cost curve???

[jeanpalmer]

14. Healthcare costs are projected to increase

by about 6% annually over the next ten years. How does he arrive at increased costs to an employer "of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year"? :shrug:

[AzDar]

15. Ugly.

[slinkerwink]

16. I keep seeing that clip from the Michael Moore "Capitalism" movie in my head

when I read this post.

[Name removed]

17. Deleted message

Message removed by moderator. Click here to review the message board rules.

[slay]

18. We need single payer!!!

Sheesh what the fuck Obama? Don't try and scare us the way Bush did - either fix it RIGHT, or wait until you can. Damn. Oh and you can save money by ENDING THE FUCKING WARS!!! :mad:

[reggie the dog]

19. but the wars in Afghanistan and Iraq will not bancrupt the country

priorities and all

[girl gone mad]

20. But all the wars and bailouts are free.

Nice logic.