I was wrong about Obama

The Off-Topic forum for anything non-LDS related, such as sports or politics. Rated PG through PG-13.
_Jason Bourne
_Emeritus
Posts: 9207
Joined: Sun Oct 29, 2006 8:00 pm

Re: I was wrong about Obama

Post by _Jason Bourne »

Kevin Graham wrote:That’s not what Dick Durbin said last week. Health care “costs” are projected to go down according to the CBO and that is not what Durbin referred to. What Durbin said was that “next year’s” premiums would go up, but the part the Right Wing Propaganda Machine failed to mention -relayed here - is that Durbin stressed that premiums would increase more rapidly without the Health Care Reform Bill. Now compare this to what Obama said a week ago:

“Our cost-cutting measures mirror most of the proposals in the current Senate bill, which reduces most people's premiums and brings down our deficit by up to $1 trillion OVER THE NEXT DECADE because we're spending our health care dollars more wisely. Those aren't my numbers. Those aren't my numbers --they are the savings determined by the Congressional Budget Office, which is the nonpartisan, independent referee of Congress for what things cost.”


I do not trust the CBO's projections. Back in the 60s they projected that in 2010 medicaid/medicare would cost annually about $69 billion. Actual cost is over $400 billion.
_bcspace
_Emeritus
Posts: 18534
Joined: Mon Dec 04, 2006 6:48 pm

Re: I was wrong about Obama

Post by _bcspace »

The CBO is appointed by the speaker of the House and the president pro tempore of the Senate so I certainly don't believe the claim that it is non partisan. But in today's case that simply means the huge ObamaDebt, projected by the CBO to be greater than all other previous debt combined, is probably severely understated.
Machina Sublime
Satan's Plan Deconstructed.
Your Best Resource On Joseph Smith's Polygamy.
Conservatism is the Gospel of Christ and the Plan of Salvation in Action.
The Degeneracy Of Progressivism.
Post Reply