Friday, July 17, 2009

A novel approach to bankruptcy

Joe Biden gave some West Virginia senior citizens his version of how to fix the looming bankruptcy we are now facing from Medicare spending. Speaking to an AARP gathering in Virginia, he put his own special Biden spin on how the administration approaches those costs.
“We’re going to go bankrupt as a nation,” Biden said.

“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.”
See if you can follow the logic: Medicare is going to bankrupt the country; therefore, let's spread the plan to the entire population. Yeah, that'll fix it. (Link via Contentions)