Billionaire investor Warren Buffett advised President Barack Obama on Monday to scrap the health care bill and start over.
In an interview with CNBC, Buffett said the current bill does not focus on controlling costs, which he sees as the central problem that must be addressed to reform the system. He added that while he does not like the Senate bill, he’d vote for it in preference to doing nothing.
“What we have now is untenable over time,” said Buffett, an early supporter of Obama’s candidacy. “That kind of a cost compared to the rest of the world is really like a tapeworm eating, you know, at our economic body.”
“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.”
Do you think Obama should take Buffett’s advice?
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p.s. I dropped your name on Gina's post, Barb. ;)
yes
why they do not talk about the loneliness, the lack of purpose in a life, the lost of hope, the braking marriage due about all this situation, the negative news, those lies for votes, the greed that kills, why they do not talk about the lost of a spiritual life, the return to love.
Bottom line, MONEY AND GREED! You can’t love money and care for your neighbor, thats where your making your money. True love as no price when you don’t have it! That does not mean they shouldn’t make money, but meds at prices only the well off and rich can afford,something wrong there!
Yes!
If his intention is really to fix the problem, YES.