>Clowns to the left of me…

>Typical government efficiency and one of the reasons we Do Not want government run health care is illustrated in a recent study/article by the Brookings Institute (a left leaning institution folks, not a conservative think tank). Their recent study was on the tax credit for first time home buyers program and what it has actually cost us as tax payers. You think the cost would be the $8,000 per home bought, right? – and that would just be in lost revenue because this is a tax credit right? Of course not, this is the government we are talking about here. The actual cost to the tax paying portion of our population is $43,000 per home. This is more than 5 times the break to the home buyer – in other words, to give home buyers $8,000 costs us $43,000. And one member of our federal legislature, Senator Johnny Isakson (R – GA for goodness sakes) wants not only to extend the program but also expand it to $15,000 per home. Doing the math, assuming a similar 5.37 times higher cost that would have a price tag to us of $80,550 per home.

Other studies have shown that the cash for clunkers program cost us, the tax payers, $24,000 per car – many times over the tax rebate received. Never mind the cost to charities, used car dealers, etc. God knows what the honest total cost was.

Strictly from a budgetary position – I wouldn’t want the government running a dog walking service. I’m horrified at the prospect of them running our health care.

Lord deliver us.

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1 Comment (+add yours?)

  1. pamibe
    Oct 30, 2009 @ 15:49:21

    >Wow! I don't trust the government to do anything anymore… 😦

    Reply

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