Hat tip to TheRealRevo.com which reposted the following from Ace of Spades:
From Ace of Spades, perhpas the most brilliant summary yet. Simple, accurate and easy to understand:
Health care in the US is covered by three main systems– Medicare,
medicaid, and private insurance.
Two of these systems are bankrupt, and will be unable to make payments beyond 2032 (insert correct date here, I don’t know).
The third is solvent, and can make all of its payments for the
Barack Obama’s plan is to take the one system meeting its obligations and fold it into the two systems that are bankrupt.
So simple it hurts. Why is this so difficult for people to understand?
Go here for the original and the links: http://therealrevo.com/blog/?p=12109