Ruh Roh: Obamacare Will Increase Health Spending By $7,450 For A Typical Family of Four

Obama Liar Poster

Wait…that’s not what he told us in 2008, is it? No, it isn’t. From Forbes:

It was one of candidate Obama’s most vivid and concrete campaign promises. Forget about high minded (some might say high sounding) but gauzy promises of hope and change. This candidate solemnly pledged on June 5, 2008: “In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States.”  Unfortunately, the experts working for Medicare’s actuary have (yet again[1]) reported that in its first 10 years, Obamacare will boost health spending by “roughly $621 billion” above the amounts Americans would have spent without this misguided law. …

Between 2014 and 2022, the increase in national health spending (which the Medicare actuaries specifically attribute to the law) amounts to $7,450 per family of 4.

Let us hope this family hasn’t already spent or borrowed the $22,500 in savings they might have expected over this same period had they taken candidate Obama’s promise at face value. In truth, no well-informed American ever should have believed this absurd promise. At the time, Factcheck.org charitably deemed this claim as “overly optimistic, misleading and, to some extent, contradicted by one of his own advisers.”  The Washington Post less charitably awarded it Two Pinocchios (“Significant omissions or exaggerations”). Yet rather than learn from his mistakes, President Obama on July 16, 2012 essentially doubled-down on his promise, assuring small business owners “your premiums will go down.” He made this assertion notwithstanding the fact that in three separate reports between April 2010 and June 2012, the Medicare actuaries had demonstrated that the ACA would increase health spending. To its credit, the Washington Post dutifully awarded the 2012 claim Three Pinocchios (“Significant factual error and/or obvious contradictions.”)

It has been nearly a year since the end of Obama’s first term. Did you see that extra $2500 he promised you? Me either.

Remember, the Left lies, and does so knowingly because the ends justify the means. Barack Obama knew he was lying, but he was doing so in the service of the greater good of “remaking” America to redress all the evil of its unfair, racist founding. It’s only fair, Bitter Clinger, that you pay a lot more for less care, and for diminished quality care, so that welfare baby mamas, their sperm donors and the wino pushing the shopping cart and swearing under his breath to this imaginary friend can have something better. Just keep repeating “it’s only fair.”

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