Obama’s Math Lie: Health Care Premiums Will Decrease 3,000%, So You Should Get a Raise When/If ObamaCare Is Passed (video) « Frugal Café Blog Zone

Obama’s Math Lie: Health Care Premiums Will Decrease 3,000%, So You Should Get a Raise When/If ObamaCare Is Passed (video)

Posted By on March 16, 2010

I’m no math whiz, but I do know that if the cost of a widget is decreased by 50%, the amount I would pay for it is cut in half. If it is decreased by 100%, said widget should then cost me nothing, it should be free.

How can the price of a widget be decreased 3,000% (spelled out: three thousand percent)? Well, it can’t be, at least not in the real world that you and I live in. One hundred percent is the most that the cost of our example widget can be decreased — and even that is stretching credibility — unless you honestly believe you’ll receive a humongous boatload of money as a bonus for buying that humble widget.

If you do believe that, you probably also believe in the Easter Bunny, Santa Claus, and a pot of gold at the end of the rainbow. In other words, you’re seven years old.

Obama is a liar. Or he’s a blithering math idiot.

Or he’s both.

Liberals out in the blogosphere are screaming, claiming Obama never said that health premiums would decrease by as much as 3,000 percent under ObamaCare… ah, watch the video and wipe that dribbling Obama Kool-aid from your chins, you little statist fools.

Obama: Health Care Premiums Will Decrease 3000%, So You Should Get a Raise When Health Care Is Passed

 

Doug Powers at The Powers That Be agrees… Obama: Pass Health Care Bill and Employer Premiums Will Decrease 3,000 Percent and You’ll Get a Raise!:

This short clip from Obama’s health care rah-rah in Ohio today demonstrates the utter desperation the White House is feeling. They have now resorted to hoping that everyone in the country has undergone a tragically botched lobotomy since the last poll on Obamacare was taken (botched lobotomies will be covered under Obamacare, by the way, and are also required in order to support this bill).

…The biggest whopper is when Obama claims that, under his plan, employer health premiums will drop up to 3,000 percent (if this doesn’t sell, he’ll switch to a “gazillion bajillion percent”), which will then of course lead to you getting a raise.

Let’s see — if your employer is paying, say, $15,000 toward your health care premiums, and your employer’s premium drops 3,000 percent, the insurance company will have to reimburse your employer to the tune of about $450,000 (hopefully your boss shares just a little of that windfall with you).

Gateway Pundit jumps in… Liar Obama: Your Insurance Premiums Will Decrease by 3,000% Under Obamacare (Video):

It’s shocking that people take this liar seriously anymore.

Obama told a group of guppies yesterday that with Obamacare their premiums will decrease by 3,000%.

And, they actually clapped and screamed when he fed them this manure…

From Hot Air:

Heck, they could give people a lot more than a raise if insurance premiums dropped three thousand percent. They could give people brand-new cars, because it would mean that the insurance companies would give employers thirty times what the employers used to pay in premiums, or roughly around a quarter-million dollars per employee.

Memo to the White House: one can only reduce cost on an item 100%. That makes it free.

Wild stuff going on today in DC, boys and girls… be sure to read these posts about the rally against ObamaCare, unless you’re in DC and participating in the wild stuff, of course.
And So it Goes in Shreveport: Pushback Against Obamacare Today
Nice Deb: Code Red/People’s Surge Against HealthCare Teaparties In Washington

Related:
Patterico’s Pontifications: Telling the Truth About Health Care and Pelosi: I Like This Unconstitutional Sleight of Hand for Passing ObamaCare and The Constitutionality of the Slaughter Solution and Health Care 101 and Democrats may have Health Care Deal; Choose Student Loans Over Babies
The Lonely Conservative: No Lie Too Big for Obama: Health Care Reform Will Decrease Premiums By 3000 Percent and Pelosi: When We Pass ObamaCare You Can Quit Your Job and Pelosi: We have to pass the bill so you can find out what’s in it!
Gateway Pundit: Obama Off by Over 3,000% on Insurance Premium Savings and Key Democrat Says Using Slaughter Rule Is “Wrong” and Liar Obama: Your Insurance Premiums Will Decrease by 3,000% Under Obamacare (Video) and Rep. Van Hollen Admits Dems Will Use Unconstitutional “Slaughter Rule” to Ram Through Obamacare (Video) and House GOP Whip Eric Cantor: The Slaughter Rule Is Unconstitutional (Video) and Change! Muslims Hold ‘Kick Obama’ Rally in Indonesia and Rep. Stupak Mocks House Leadership on Obamacare Tactics (Video) and Harry Reid Plays Chicken… Dares Republicans to Oppose Obamacare and Rep. Paul Ryan: “This Bill Is More About Ideology Than Health Care Policy” (Video)
Clarice Feldman, American Thinker: Slaughter Rule Unconstitutional
Ztower: Obama headed to Ohio for one last push on health care. Wait! Didn’t he do the one last push last week? and From Whip to Whipped – Steny’s doing the best he can.
Frugal Café Blog Zone: Another Slimey, Complex Dem Scheme to Force Through ObamaCare… Will Ram “Shell” of Health Care Bill to Pass It Through Budget Committee for Reconciliation and St. Louis Patriot Uprising: Thousands Turn Out to Protest Obama & Dems’ Health Care, Some Dem Leaders Avoid Obama’s Fundraiser (video) and Pelosi’s Crazed Press Release on Health Care Reform: “We Have to Pass the Bill So That You Can Find Out What Is in It” and Virginia Could Screw It All Up for Obama’s Health Care Mandates, Other Melting Points Reached for ObamaCare… Make Your Voice Heard!
The Reaganite Republican: Is it DEAD Yet?
Legal Insurrection: Slaughtered By Self-Execution and The “All You Can Eat” Reconciliation Buffet
On My Watch — The writings of SamHenry: Congressional Guerrilla Tactics and Laws Leading to Job Loss and Obama, Failure-in-Chief
VotingFemale: Massachusetts must be a RAAACIST State; Gov Patrick approval rating? 22% and Pro-Lifers hand Pro-Abortionists their walking papers; Florida ‘Planned Parenthood’ Program admits defeat and Breaking: Obama’s Panic Erupts; Cancels Mar 18th Trip; poor baby poor baby and Passage of ObamaCare now far from assured; Pelosi determination? reduced to ‘hopeful’
Michelle Malkin: Endless “Time for talk is over” tour hits Cleveland, Ohio on Monday and The Chicago Way: Judgeships for Demcare votes?
Diary of a Mad Conservative: The Soft Bigotry of the Democrats abortion legislation
Nice Deb: If You Can’t Make It to Washington Tomorrow… and Call To Action: Final ObamaCare Push-Back March 16 and The Time For Talk Is Deja-vu All Over Again
Flopping Aces: Democrat Pollsters: MSM & Obama Deluded If They Believe Americans Want ObamaCare
Motor City Times: The Emperor Has No Clothes: The People Will Love ObamaCare When Its Passed

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About the author

I'm a conservative frugalist. My priorities: Watchdogging the government, making sure our tax dollars are spent wisely, living within our budgets (at home and in Washington, DC), and adhering to our Constitution and the conservative principles upon which it was developed by our founding fathers. Also, loving God, my family, and my country. Be wise, be frugal. God bless America!      

Comments

11 Responses to “Obama’s Math Lie: Health Care Premiums Will Decrease 3,000%, So You Should Get a Raise When/If ObamaCare Is Passed (video)”

  1. AFVET says:

    Obama is again preying on the ignorant.

    This man is a menace.
    We’ll wait for Larry Summers to correct Obama’s math.
    We’ll wait forever.
    Obama is not ignorant, he is stupid.

    Rush just said that the person who ‘fainted’ during Obama’s speech in Cleveland, had made a remark against Obama’s rhetoric.
    The police took the person away.
    Why wouldn’t they give him/her CPR, or tend to them on the scene?
    Is this the Secret Service doing this, or thugs assigned to Obama?

  2. Marilyn says:

    You don’t have to take real math to be a lawyer. Statistics maybe…which is not real math.

    This conversation about statistics was reported to me by one of my kids who overheard it while matriculating on the local university campus:

    \No, Statistics isn’t real math. I mean, you take two guys and feed one six meals a day, the other no meals a day for a month. Statistics say they both had 3 meals a day, but it doesn’t account for the fact that one is dead.\ \There is a standard dev…\ \The standard dev here is just figuring …out a better way to tell who’s dead. Like I said, not real math.\

    Unfortunately college students are particularly susceptible to Obumma’s lies and manipulations. A good reason to deny voter registration to anyone under 35, anyone who does not own property, anyone who does not work for a living.

    • AFVET says:

      Would you deny voter registration to the men and women who served this country if they were under the age of 35 ?
      Many of them do not yet own property.

      On the contrary, our military men and women see what is happening back here and are opposed to it.

      Statistics generally skew to the average of the general populace’s point of view.
      And it’s true !

      Aspire to be above average in all things.

      • Marilyn says:

        Would you deny voter registration to the men and women who served this country if they were under the age of 35 ?
        Many of them do not yet own property.

        No, actually I would not. My son is one of those young men and women who went into harm’s way to serve this country. He has a great mind and is a good Constitutional conservative!

        I just say that from time to time because I get so angry at the brainwashing that turns all these young-uns into entitlement-hungry citizens. We live in a university town (three of my kids attend there) and it is frustrating living in this Marxist stronghold.

  3. […] you may have heard the Smartest President Ever yesterday (Frugal Cafe) give his latest health care takeover pep talk, or at least some sound bytes. You might not have […]

  4. MoonUnit says:

    Democrats would rather “feel” than “think” — looks like their empty suit of a Moron in Chief has them under his thumb with not only reinventing America, but reinventing math. Way to go, Obambi!

    Wonder what the MSM would have done if GW Bush had been this stupid with this 3000% reduction statement? But if Barry O says something this ridiculous and idiotic, the media turns away and hopes no one notices. Only lefties wouldn’t notice – they still think health care will be free and that AGW is real.

    I want to see his school records – I’m not even sure any more that he graduated from high school let alone HARVARD.

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  9. Martha says:

    A reduction “by” is not the same as a reduction “of.” A reduction “by” means you divide (by), ie if an employer pays $10,000, a 3000% reduction is $10,000/ 3000% = $333. In other words if they paid $333 now, they saw a 3000% reduction. A reduction “of” would be $10,000 multiplied by 3000% giving you the crazy numbers, and that wouldn’t be a reduction! It would have been simpler if he had said employers may be paying up to 3% “of” their current cost. But then what sounds more profound, 3 or 3000? After-all it is politics.