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Government-projected costs are ALWAYS way underestimated

I've been speaking on this issue for my paper, "Entrepreneurial Policy Design," but Deroy Murdock has a piece with even more statistics.  Read the whole thing here, and then ask yourself:  If the government's projections of $1.5 trillion (already a gasp-grabber) are off by a factor of NINE, as the Medicare projections were, then what?

And if they are off by a factor of SEVENTEEN as Medicaid special hospital supplement was, then what?  Complete government collapse, that's what.

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