-> "(Chump) Change You Will Be-Leavin' (Us) [health care plan]"
Original Song Title:
"I Believe"
(MP3)
Parody Song Title:
"(Chump) Change You Will Be-Leavin' (Us) [health care plan]"
The Lyrics
I believe that Congress: ev'ry law they pass
The tax bill grows
I believe that someday soon I'll walk bare-ass
Afford no clothes
I believe the Health Care Plan discussed today
In Hell, no way
That we can pay
Us: deceive...
Chump change, leave...
I believe ten-trillion-dollar health-care cost
Is quite absurd
I believe they underestimate what's lost
Don't take my word:
Medicare was passed in 1965
"One billion, max" [1]
We bought that jive
So, sakes alive:
Don't believe!
I believe as our lifeblood, they drain away
Health care declines
I believe for surgery that's called "routine"
We'll wait in lines
I decide between myself and my M.D.
What course to take
Not Congress, see?
Choice: receive....
Gov.? I grieve...
I believe that in an economic mess
Don't add more debt
I believe that Congress, by their acts, confess:
Don't "get" that yet!
Ev'ry time I hear a politician lie
Propose "relief"
Tax cost, deny
Then you and I:
Chump change, leave!
[1] When JFK first proposed Medicare, he said that the cost to taxpayers would "never go over $1 billion". (is that all?)
The costs of Medicare doubled every four years between 1966 and 1980.
Beneficiary premiums are highly subsidized, (that means that our general tax money is used to keep the premiums down for the insured), and that taxpayer subsidy in 2002 was $230.9 billion.
Medicare spending is growing steadily in both absolute terms and as a percentage of the federal budget. Total Medicare spending reached $440 billion for fiscal year 2007, or 16% of all federal spending.
Richard W. Fisher, President of the Federal Reserve Bank of Dallas has remarked that in order to "cover the unfunded liability"(the amounts that will be owed in excess of what will be collected) for the Medicare program today over an infinite time horizon, "you would be stuck with an $85.6 trillion bill" which is "more than six times the annual output of the entire U.S. economy". (Gross domestic product (GDP) was estimated as $14.3 trillion in 2008.)
The present value of unfunded obligations under all parts of Medicare during 2007 over a 75-year forecast horizon is approximately $34.0 trillion. In other words, this amount would have to be set aside today such that the principal and interest would cover the shortfall over the next 75 years.
And *that's* just MEDICARE, folks. So for the cost of Everyonecare, multiply by, umm, carry the 12... = More than the entire economic output of the entire freakin' WORLD, estimated in 2008 at $70 trillion. The only "change you can believe in" is that which will be left in your pocket, if any.
Cheers.
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Voting Results
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Pacing: | 5.0 | |
How Funny: | 5.0 | |
Overall Rating: | 5.0 | |
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Total Votes: | 11 |
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