Obamacare bogus statistic of the day, Pt. 2
You know how the White House/CBO are now telling us that Obamacare will cost $1 trillion over 10 years?
Try $4 trillion over 10 years. And probably higher.
Philip Klein at The American Spectator un-fuzzifies the math.
They just keep pulling numbers out of their hat…and other places.
Posted in: Health care
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- ObamaCare cost estimates now at $4 TRILLION | Fire Andrea Mitchell!
- Real Cost of ObamaCare: $4 Trillion : The American Pundit
- Paul Ryan to Obama: “Bullshit!” « The New York Groove
- The Obama road to serfdom and the need for nationalized health care (and unrestricted abortion for that matter) « Jim Blazsik
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- ABC – the All Barack Channel; All Barack, All the Time; We are the Barack – Resistance is Futile « VotingFemale Speaks!
- Obamacare to Cost $4 Trillion, Not $1 Trillion as Claimed. We Have to Contact Our Congressmen. « Rosita the Prole
- Thanks Barack… Dollar Drops Over Currency Doubts « Conservative Thoughts and Profundity
- Obamacare, really expensive and a failure too! « The Daley Gator
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- Rush Limbaugh: Would ObamaCare Discriminate? Two Callers Respond on Single-Payer Health Care « Frugal Café Blog Zone
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Just had to correct it. I think there must be a zero immediately after the 4 and before comma seperating those other zeros.
We can’t afford it…
Say it loud.
Say it proud.
The way Blue Lips is monetizing debt, I think 4 Trillion to the 4th power will be more accurate.
Carter was an idiot who honestly thought he was doing good things. Obama seems to be the exact opposite – he can’t honestly think this financial tack is good or necessary.
Just read on American Thinker a Cato Institute briefing paper on the Massachusetts Health Care Reform. It should be a requirement that this experiment be studied in great detail as part of the national discussion on reform. Apparently the Massachusetts plan is similar to the Obama plan. Republicans need to use it as an example of what’s in store.
I don’t remember the last time the government overestimated on the front end what the actual cost of any of its programs was at a defined point in the future.
That would be because it’s never happened.
Government bureaucrats and politicians — masters in the art of
lowballinglying.Figures often lie and liars often figure. Go figure.
From what little I know about this plan, it was modeled after the Swiss initiative.
It seems to have worked well for the Swiss, but it is apparent it ain’t going so well in Mass. There must be something structural here that corrupts the idea.
All we are hearing is how this guy continues to lie to the American public, is causing us to go deeper and deeper in debt while completely ignoring foreign policy and putting this nation in harms way again. How long is this going to continue until somebody (a conservative leader) takes a stand and does something about it??
Some Fairy Tales are true:
It could have be President Hussein Obama but it was not my joke.
A trillion dollars over 10 years?
We know that’s bogus because Obama can spend a trillion before he’s had his second cup of coffee at breakfast.
After all, a trillion dollars ain’t what it used to be.
Trillion became the new billion in 2008. In 2009, these guys gotta start thinking in terms of quadrillions.
Hmmmm. I wonder if even Soros can cover that.
Seems like the government actually created this insurance gap for the ‘near poor’ by overpaying for health care for the ‘poor’.
Maybe instead of trying to rewrite all of the healthcare rules, they should start by concentrating on fixing the medicaid and schip problems.
This is the formula the fascist David Brooks wants BIG BRO to implement. The guy really is a pig and a tyrant. Brooks, I mean…
Why, if this plan is so wonderful, and so important for the well being of the American health system, do they have to lie amount the costs?
Why does the ONE refuse to address tort reform as a major reason for high medical costs?
Why isn’t there any transparency, or open discussions about the real problems regarding health care costs?
There is no “crisis.” There are, however, problems with fraud, onerous government regulations, free access for illegal immigrants, and too many progressives controlling the reform process.
The biggest problem is government, and the unbridled support of trial lawyers by their fellow barristers in elected office.
Our message to these officials should be a unified, “Doctor, heal thyself!” Of course, history shows they are not interested in any type of healing. They are interested in confiscating another source of private sector revenue, that much is obvious.
RSS, our resident socialized healthcare expert, just touted why we should give Obamacare a chance:
There will be some “fraud” and “waste” and of course it won’t be a “free” program but it will bring down costs and the USA will no longer be ranked 46th in mortality rates.
Then there’s the biggest rationale of all: let’s give the experiment a chance! It can’t suck that bad.
Obummer was right about one thing concerning healthcare: it will be a ticking time bomb for the federal government. It’s just that he left out the whole socialized medicine part of the equation.
What amazes me is how easily this administration just throws around the word “trillion,” as though it’s just another number (which, I suppose to them, it is).
A trillion: 1,000,000,000,000. That’s a lot of zeroes.
Surely, our health care system is so bad, RSS gets HIS health care from Canada? Mexico? GAIA?
It’s not about the number…it’s just that Obama, the narcissist, likes the shape of the zero. It reminds him of…him.
As Rush said, ‘How’s that “Hope and Change” thing work’en for ya?’
***************
Where’s the birth certificate?
AlabamaMama#15 says,
(this administration just throws around the word “trillion”)
That’s because Teh One can’t count. Everyday, another crisis that must be fixed. They have not even read the bills, thereby having no idea what the actual cost will be, and are simply flying by the seats of their pants on budgeting. Unfortunately, as grand as these schemes are, it’ll be double or triple what they now claim.
simcoe
The COLB is down the rathole, along with any discernable documentation or evidence this man ever existed before he joined Rev. Wright’s church. College transcipts? Admission papers?
Heck, I thought every guy had a best friend at some point…haven’t seen one yet surface.
o/t but the GOP senator from nevada is resigning.
With all the people dying each year from lack of health care, smoking, drinking, gunshots and any other scare number we should all be dead by now.
It’s a wonder they find time to complain that we are overpopulating the earth.
sonofdy #21
In the Dem party, a little thing like an affair is the right of passage. Just gotta hand it to those boys. In the Repub party it’s a scarlet letter hung around your neck for all eternity.
I’ll bet ABC will be right on top of this story – I mean, it’s big news when the government underestimates the cost of a program by this much, right?
Right?
This will be REALLY big on the evening news for the next several days.
Won’t it?
And here, Gentle Readers, is what the Obamatrons and A$$hats in Congress want to do to healthcare in the Uninted States:
You MORONS who voted these STUPID, IMMORAL PIECES OF CRAP into office can now apologize to the rest of America for being so inhumane.
When a loaf of bread cost a days pay of $800,000,000 a trillion won’t seem so much. Think positive-wheel barrows will be in demand and the Party Leaders will have their special commissaries.
Health care? The Party Leaders will have theirs and we will have Think Healthy signs everywhere. The proletariat can be replaced. All Power to the Soviet.
I don’t care what it costs as long as I can keep getting novacaine shots into my eyeballs so it don’t hurt so bad watching the late great U.S.A. go into the dumper.
The problem is:
A TRILLION isn’t much money to people who make their living spending other people’s money!
I was just thinking that if Medicare/Medicaid does not fully reimburse doctors and the cost is passed onto private insurance then the problem will obviously get worse under Obama care to the point were the average American will not be able to afford private insurance and end up on Obama care.
I think the problem will go further. After talking to several doctors years ago when I worked security, I was told that roughly the first 5 years after medical school (or more) a doctor makes very little due to the high cost of the medical school bills. If Obama care passes would this not end up in a government bailout of doctor’s medical school bills which would ultimately put them on the hook to work for the government under Obama care forever?
Bingo!!!! This should be part of any Republican challenge to any more spending bills. along with Rags mantra We cannot afford it.
Obama’s whole career has been about spending other people’s money, it’s the only thing he knows.
I just finished watching Nightly News on PBS where they presented another piece on the urgency of cutting off America’s supply of guns to the Mexican drug cartels. Lies piled on top of lies piled on top of other lies. Just keep repeating them and people either start believing them, or in this case, stop believing ANYTHING from the government.
As an investment professional, I spend most of my days wading through the cesspool of bogus government information. For instance, what happened to the $301 billion of toxic assets at Citibank? It is now $35 billion. Without unloading any of it, how can that be? They got rid of “mark to market”. They are now worth whatever Citibank (and the other banks) tell us.
Same with unemployment statistics? Oil inventories? Consumer sentiment? Is their ANYTHING we take the government’s word for?
Any statistic can be used by the Obama Administration, because the MSM never has any desire to investigate it. Their job is to promote it as fact.
They will never be called on anything.
Perhaps…by the MSM.
But only perhaps. There are eager young people waiting behind the roosters at the top of the heap. Maybe ambition can be more powerful than ideology.
But take heart, there is this and many other outlets, through which information will flow.
Word-of-mouth is…as always…the most powerful engine for the spread of information, and it is powerful because of who you are in relation to the people to whom you speak.
Every cur has its day. And each day has its twilight.
I’m beginning to think we should encourage them to spend as much as possible. That way the collapse will happen that much sooner and things can get back to normal.
This is all going to end very badly. The political class cannot stop the ruinous, ever-escalating federal spending. The Democrats cannot stop their power grab and the GOP hasn’t the backbone to effectively oppose them and frankly doesn’t really seem to want to.
We all know they are lying to us but we keep voting the same crooks back in office. And the Democrats now refuse to accept election results they don’t like.
This is all going to end very badly…
How can anyone trust a guy that won’t even let his birth certificate or college grades be revealed to the public?
It must be tough to be the country’s first Affirmative Action president.
Let’s relieve him of that burden at the earliest opportunity.
No worries. Wheel barrows will not be needed. Cash will simply be discontinued and outlawed. We all will get shiny new O!ATM Cards. So much better and easier for government to control our spending.
I can see it now.
Government cashier at O!Mart: I am sorry Mr. WarEagle. You have already purchased your allotment of two slices of bread for the month. And beef is no longer on the approved food list. And based on your BMI, cross-checked from your government health records, you may no longer purchase peanut butter or other foods with hydrogenated oils. However, you do qualify for one pound of government issued Syntho-tein, the wonderful, flavorful, meat-like substitute approved by the FDA and EPA for both pets and humans. Thanks for shopping at O!Mart.
Life will be so much easier when the government makes all our decisions…