You know things are bad for President Obama when even Warren Buffett has soured on Obamacare and says that "we need something else." Money Morning writes:
Buffett and Obama
"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.
YET ANOTHER CONSERVATIVE URBAN LEGEND TAKES ROOT
—By Kevin Drum| Wed Sep. 18, 2013 \ Mother Jones
Yesterday I noticed an item reporting that Warren Buffett thought Obamacare should be scrapped. It took about ten seconds of googling to figure out that (a) Buffett's statement was made three years ago, and (b) he was lobbying for a better bill, not for health care reform to be abandoned. In fact, he specifically said that given a choice between the status quo and the bill wending its way through Congress, he'd take the bill. I considered writing a post about this, but the source seemed to be pretty obscure and nutballish, and anyway, my big toenail needed clipping. So I didn't bother.
THAT MIGHT HAVE BEEN A MISTAKE. IT TURNS OUT THAT THIS IS AN OBJECT LESSON IN HOW EAGER CONSERVATIVES ARE TO PICK UP EVEN ON THINGS THAT ARE SO PLAINLY WRONG THEY'D EMBARRASS A FIVE-YEAR-OLD. Jon Chait does the honors:
The quote was picked up by Jeffrey H. Anderson of the Weekly Standard — “You know things are bad for President Obama when even Warren Buffett has soured on Obamacare and says that ‘we need something else’” — and ricocheted around the conservative-news world....In fact, the Buffett quote came from comments he made in 2010, when the health-care law was being cobbled together in Congress. His denunciation of “what we have right now” refers to the pre-Obamacare status quo.
....ANDERSON HILARIOUSLY ISSUED AN “UPDATE” TO HIS COMPLETELY FALSE ITEM, IN WHICH HE NOTES: “IT APPEARS THAT BUFFETT MADE HIS ANTI-OBAMACARE COMMENTS IN 2010, THEREBY SHOWING THAT HE, LIKE MOST OF THE AMERICAN PEOPLE, HAS OPPOSED OBAMACARE SINCE EVEN BEFORE IT WAS PASSED.”
BUFFETT IMMEDIATELY ISSUED A STATEMENT CALLING THESE REPORTS "100 PERCENT WRONG," AND POINTING OUT THAT HE'S SUPPORTED OBAMACARE FROM THE VERY START.
Too late, Warren! This is now officially a conservative urban legend that will never, ever go away. Whether it's true or not doesn't really matter.
Sentiment: Strong Buy
the REAL reason health care(sickness maintenance) is so high is because Americans are generally ignorant and stupid and will stuff anything seen on TV, advertised as edible, into their pie holes!
Re the Money Morning article: You might consider it yellow journalism. You certainly can't consider it news. To wit: ' It appears that Buffett made his anti-Obamacare comments in 2010, thereby showing that he, like most of the American people, has opposed Obamacare since even before it was passed—a point that Mark Hemingway addressed yesterday in response to USA Today’s implication that Americans’ widespread dislike of Obamacare is mostly attributable to Republicans’ efforts to fight it.' See, The Weekly Standard, 17 SEP 2013, Jeffery Anderson.
Any idea what Mr. Buffett would replace PPACA with? Again, if single payer, are you on board?
Any idea what your GOP would replace PPACA with? Since your GOP can't seem to think beyond its defeat-Obama-at-all-cost campaign, the assessment here is that your GOP has no alternative. That said, if your GOP were to go with Romney's Massachusetts' plan or single payer (for no other reason than to spite the Clinton's and Mr. Obama) are you on board?
Because Buffett said this on March 1, 2010, does it make what he said any less valid?
Is it yellow journalism because anything you disagree with is yellow journalism? What makes it yellow journalism? I have a feeling your dislike makes it yellow.
Please be specific and try to stay on topic.
ace (and others) -
If you'd read what Mr. Buffett says, as opposed to (a) what you think he means and (b) the spin of the reporter, you'll find Mr. Buffett critical of your health care system and not your PPACA.
Mr. Buffett is saying your health care system is too expensive.
Fact: Your PPACA was never meant to address the costs of your health care system.
Until the costs of your health care system is brought under control, no system, whether employer provided health insurance, PPACA provided health insurance, single payer, etc. will be effective in the context which Mr. Buffett addresses.
If Mr. Buffett were inclined toward a single payer system in lieu of PPACA, would you go along?
the is a smart move by republicans. they want it repel not changed and democrats want it the way it is. in 6 months the whole country will be screaming at democrats and backing republicans. teachers, fireman policeman, small business, retirees everyone is getting hit and young people are not signing up. the Democrats have screwed themselves. republicans win big in 2014 and Hillary loses. incredible turn of events.