FOR RSS

The scope of Obamacare's lies expands

Jonah Goldberg explains that the notion of Obamacare saving consumers and taxpayers money in the long-run may be an even bigger lie than all of that "you can keep your doctor" nonsense:

First, Obama promised on numerous occasions that the average family of four will save $2,500 a year in premiums. Where did that number come from? Three Harvard economists wrote a memo in 2007 in which they claimed that then-Senator Obama’s health-care plan would reduce national health-care spending by $200 billion. Then, according to the New York Times, the authors “divided [$200 billion] by the country’s population, multiplied for a family of four, and rounded down slightly to a number that was easy to grasp: $2,500.”

In September, the Obama administration’s Centers for Medicare and Medicaid Services used far more rigorous methods to predict that Obamacare would increase national health-care spending by $621 billion. Using Obama’s own math, that would mean — according to Chris Conover, an economist at the American Enterprise Institute and Duke University — each family of four in America will spend an additional $7,450 thanks to Obamacare.

Of course, that methodology is still bogus. But it’s probably closer to the truth.

Continue reading...

One last thing…
Watch TheBlaze live and on demand on any device, anywhere, anytime.
try premium
Exclusive video
All Videos
Watch BlazeTV on your favorite device, anytime, anywhere.
Try BlazeTV for Free
Sponsored content
Daily News Highlights

Get the news that matters most delivered directly to your inbox.