In response to my column about Obamacare representing a government takeover of healthcare, the Huffington Post’s Jeffrey Young (who I like in real life) offered a blistering critique, arguing, “you shouldn’t believe the Washington Examiner, because it doesn’t understand how numbers work.” Actually, as I lay out clearly below, it’s Young who is making an egregious mistake about numbers.
First, some background. As I noted in my column, the Centers for Medicare and Medicaid Services released new projections showing that the government-sponsored share of health spending would rise from the 40 percent it was in 2007 to 47 percent in 2024.
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