Insider Warren Buffett: Scrap Obamacare And Start OverSubmitted by emalvini on Tue, 09/17/2013 - 12:23
Insider Warren Buffett: Scrap Obamacare And Start Over
10:11 AM, SEP 17, 2013 • BY JEFFREY H. ANDERSON
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:
"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.
"'We have a health system that, in terms of costs, is really out of control,' he added. 'And if you take this line and you project what has been happening into the future, we will get less and less competitive. So we need something else.'
"Buffett insists that without changes to Obamacare average citizens will suffer.