Wednesday, March 17, 2010

Even The Correction Is A Lie

On Monday, Obama held a town hall meeting with about 200 loving and adoring supporters to talk about -- what else -- his health care plan. During his speech the stupid crowd gave him rousing applause when he made the absolutely ridiculous remark that his health care plan will lower health care premiums by "THREE THOUSAND PERCENT"! As a point of reference, a 100% reduction in premiums would mean no one would be paying anything for their health care. 3000% means that the insurance companies would be paying you tens of thousand of dollars to have a health care policy with them.

Realizing how stupid that remark was, the White House press office issued a correction by saying that Obama meant to say that ObamaCare would save $3000 a year in health care premiums. But, that too is a ridiculous statement. Every study that has been conducted to review the impact of ObamaCare has established that health insurance premiums will go up. Not down! Note this morning's Fact Check that was issued by the normally quite friendly to Obama Associated Press: FACT CHECK: Premiums would rise under Obama plan.

Just the mere fact that ObamaCare will cut $400 billion in Medicare payments will force those costs to be passed on to the private insurers; as it has all along. Additionally, ObamaCare will add millions of new insured to the system while doing nothing to increase the number of medical practitioners. Anyone who understands simple economics knows that increasing demand without increasing supply will result in higher prices; and, those price increases will be passed on to the insurance companies who will, in turn, raise their premiums for all of us who have private insurance. What's worse, the supply will actually go down. That's because the lowered Medicare payments will result in less doctors taking Medicare patients. Also, more than just a few doctors have indicated that they will leave the profession if ObamaCare is enacted; as noted by this recent O'Reilly commentary:



Obama and the Democrats are constantly complaining that people on the right are distorting his health care reform plan. But, the reality is that it is Obama and the Democrats who have done most of the lying about this legislation. There is no way you can add more people to what will be a shrinking health care system and expect the quality to remain the same and, at the same time, expect to lower costs and reduce the deficit.

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