Comments about ‘Money fears vs. real benefits in Medicaid choice’

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Published: Monday, Jan. 28 2013 11:07 a.m. MST

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JimInSLC
Salt Lake City, UT

"Adding up the Medicaid costs under the law, less than $100 billion in state spending could trigger nearly $1 trillion in federal dollars over a decade, according to the nonpartisan Urban Institute."

Where do States think Federal money comes from? It comes from the taxpayers of their own state and the taxpayers of the other 49 states.

For one year, spending $10 billion of state's tax revenue for Medicaid, the state can get up to $100 billion of Federal tax money. Let's do the math for 50 states: $10 billion state tax dollars times 50 is $500 billion, and from the Federal govt. (that, last I knew, is deep in debt) promises to contribute up to $100 billion, times 50, or $5 trillion dollars. Total, $5.5 trillion taxpayer dollars per year; One third of GDP.

Federal spending now already exceeds $1 trillion more than is taken in taxes. This is not sustainable, but before it collapses, those that will make money in this scheme will have gotten it and future taxpayers (not yet born) will be on the hook to pay the money borrowed to finance it.

one old man
Ogden, UT

But that would mean those hatefully lazy, indolent members of the 47% would be getting help.

Can't have that. No way.

JimInSLC
Salt Lake City, UT

There is a problem with health care which does need to be addressed. I was just pointing out that in the current debt situation it is not financially feasible, and as the Boomers advance into older age the problem is going to get worse. I would rather see money taken from military spending and redirected to health care. I doubt that would happen. Besides, military spending is all borrowed money too.

Part of the problem is shown in the statement in the article:
"I think that would be awesome if the governor would allow that program to come into the state," Walker said. "That would be a help for me, robbing Paul to pay Peter for my medicines."

So, as long as this person is helped it justifies Paul being robbed? In this scenario, are you Paul, Peter, or the one being helped? Which you are will likely influence your bias.

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