Thursday, April 12, 2012

Medicare Double-Counting

The Mercatus Center has posted a great video on the economic smoke-and-mirrors behind ObamaCare's Medicare numbers, "Health Care Bill: Double Counting Doubles the Crisis":

Of course, if a private businessman pitched a similar business plan to investors, he'd be thrown in jail for fraud. But it's apparently ok if the government does it.

(Via COHP.)