Friday, June 10, 2011

Oops! It costs more than we thought!

Par for the course, the U.S. government has no clue on how to determine costs. Back in 1965, they rolled out Medicare and Medicaid and said it would only cost $9 billion the first 25 years (1965-1990). They were wrong: those programs cost $67 billion. In this article, the government now says they miscalculated and the Libyan War (another war?) is costing millions more per month. Pathetic.
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2 comments:

  1. Justin GadisonJune 17, 2011 at 1:49 PM

    (shaking my head at the government)

    ReplyDelete
  2. MaryJune 24, 2011 at 8:14 AM

    And yet there are still those fools who think that we aren't broke.

    I'm not an economist (yet) but uhhhh....we're broke. We can no longer pay for all of this crap.

    ReplyDelete