comments_image -

Well, that clears it up

Professor Bush gives a lecture on healthcare costs ...
January 15, 2006  |  
 
Advertisement
 

You may have seen this simplified explanation of President Bush's plan to contain healthcare costs -- it's been flying around them internets (hat tip to my mom):

WOMAN IN AUDIENCE: 'I don't really understand. How is the new plan going to fix the problem?'

PRESIDENT BUSH:

'Because the -- all which is on the table begins to address the big cost drivers. For example, how benefits are calculated, for example, is on the table. Whether or not benefits rise based upon wage increases or price increases. There's a series of parts of the formula that are being considered. And when you couple that, those different cost drivers, affecting those -- changing those with personal accounts, the idea is to get what has been promised more likely to be -- or closer delivered to that has been promised. Does that make any sense to you? It's kind of muddled. Look, there's a series of things that cause the -- like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate -- the benefits will rise based upon inflation, supposed [as opposed?] to wage increases. There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those -- if that growth is affected, it will help on the red.'

Joshua Holland is a staff writer at Alternet and a regular contributor to The Gadflyer.
submit to reddit

-
Email
Print
Share
LIKED THIS ARTICLE? JOIN OUR EMAIL LIST
Stay up to date with the latest AlterNet headlines via email
Alternet Special Coverage - Occupy Wall Street
Advertisement
Most Read
Most Emailed
Most Discussed
On REDDIT
On DIGG
 
loading most read content ..
Advertisement
Occupy Protesters Mic-Check Palin During CPAC Speech

By Adele M. Stan | AlterNet

 
 
Apple, Accustomed to Profits and Praise, Faces Outcry for Labor Practices at Chinese Factories

By Amy Goodman, Juan Gonzalez | Democracy Now!

 
 
Could Santorum Actually Beat Romney? And Would the Obama Campaign be Ready?

By Steve M. | Booman Tribune

 
 
Bill Moyers: The Economy Has Been Engineered to Screw Over Millennials (With an AlterNet Shoutout!)

By Staff | AlterNet

 
 
Maher: Conservatives Are the Ones Dividing the Country

By Sarah Seltzer | AlterNet

 
 
In Kansas, Is Catholic Church Trying to Destroy A Victim's Advocates Organization?

By Julie Cain | Ms. Magazine Blog

 
 
Obama vs. the Concern Trolls on Nonsense "Religious Liberty" Issue

By Digby | Hullabaloo

 
 
At CPAC, Santorum Surges Despite Idiotic Claims; Romney Poses as 'Severe' Conservative; Gingrich Makes War on GOP

By Adele M. Stan | AlterNet

 
 
Wisconsin's Gov. Walker Appeals to CPAC Crowd for Help Fending Off Recall

By Adele M. Stan | AlterNet

 
 
In Birth Control Debate, Cable News Disproportionately Asked Men What They Thought of Women's Health

By Faiz Shakir and Adam Peck | Think Progress

 
 
 
Reverend Billy Talen
 
 
 
loading ...
POWERED BY DIGG'S USERS
 
[ page served from web 2 ]