Longtime Obama Champion and ObamaCare Supporter Warren Buffet: ObamaCare Has Got to Go; We Need Something Else

The slowest boats on the river eventually make the shore.

"'We have a health system that, in terms of costs, is really out of control,' he said. '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, who supported Obama through both elections, noted, 'what we have now is untenable over time. That kind of a cost compared to the rest of the world is really like a tapeworm eating, you know, at our economic body.'

He goes on to recommend a new play aimed at controlling costs -- and says we should worry about expanding coverage only after that.

posted by Ace at 02:19 PM

| Access Comments