Rick Santelli, the resident Conservative loudmouth on CNBC,
was bitchin' this morning cuz Obamacare was making the Hospital, Health Care stocks go down. Duh... These institutions aren't gonna be able to charge unlimited amounts to the poor schmucks who happen to get sick/injured, like they have in the past, and stockholders know that And, in the Denver Post this morning, some idiot was complaining that because of Obamacare, health care was projected to go up next year, BUT, what he failed to mention is that health care goes up EVERY year, just less, now. During GW's 8 year 'reign of error' health care costs averaged a 13.8% rise PER YEAR. In the last 2 years, with the Affordable Care Act, that rate has been cut to 5%. Boo Hoo, the big hospital/insurance/health care conglomerates profit's are dropping. Breaks my heart...
Comments