Warren Buffett: Obamacare Wrong Way to Go, Attack Costs First


“…it is possible that expectations of failure will prove to be wrong–that the public will learn to stop worrying and love ObamaCare.”

“Is it likely? Warren Buffett doesn’t think so, as MoneyMorning.com reports:”

“Healthcare costs in the United States are like a tapeworm eating at our economic body.”

“Those words come from famed investor Warren Buffett, who said he would scrap Obamacare and start all over. . . .”

“”What we have now is untenable over time,” said Buffett, an early supporter of President Obama. “That kind of a cost compared to the rest of the world is really like a tapeworm eating, you know, at our economic body.””

“Buffett does not believe that providing insurance for everyone is the first step to take in correcting our nation’s healthcare system.”

“”Attack the costs first, and then worry about expanding coverage,” he said. “I would much rather see another plan that really attacks costs. And I think that’s what the American public wants to see. I mean, the American public is not behind this bill.””

About That Other Debacle


September 16, 2013

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