Cost estimates

[MikeWaters]

I don't believe the cost estimates for the public option for one second.

Given that Obama had to revise a deficit estimate of 7 trillion in May to now 9 billion in August. That's a 29% increase.

They can't get the Cash for Clunkers costs correct, they can't do anything correctly.

You would have to be a complete moron to think the CBO estimate is anywhere close to what would happen.

NPR today, btw, said that the state "public option" in Maine could not compete in terms of prices because (surprise) many of the sickest patients (who otherwise could not likely buy insurance on the open market) signed up with it and pulled it down.

[MikeWaters]

I forgot to mention the best part--Obama now argues that his out-of-control deficit means that we HAVE to pass ObamaCare in order to SAVE money.

And don't forget--there will be no rationing of care. Just coverage for another 50 million people, and this will cause healthcare spending in America to go down.

Oh yeah, don't forget, it's a lie that the public option means federal funding of abortion. The funding of abortion will come from the pile of money that we call "non-federal" in the public option. So whoever told you that the public option will cover abortion is telling a lie...er....I mean the truth. But it's nuanced.

Jeez, he must think we are morons. And sadly, he is probably right.

[Archaea]

Originally Posted by MikeWaters

I forgot to mention the best part--Obama now argues that his out-of-control deficit means that we HAVE to pass ObamaCare in order to SAVE money.

And don't forget--there will be no rationing of care. Just coverage for another 50 million people, and this will cause healthcare spending in America to go down.

Oh yeah, don't forget, it's a lie that the public option means federal funding of abortion. The funding of abortion will come from the pile of money that we call "non-federal" in the public option. So whoever told you that the public option will cover abortion is telling a lie...er....I mean the truth. But it's nuanced.

Jeez, he must think we are morons. And sadly, he is probably right.

Obama is the Big Prevaricator, or Liar Liar, or probably simply said, the Big Lie.

His costs estimates if presented in an SEC statement would land him in jail, get him get kicked out of city office.

Why should anybody believe any cost representation he or his team make?

I for one do not understand why it is believeable "Obamacare" would save money to the entire system.

[RedHeadGal]

well, CBO's estimates are not Obama's estimates. They work for Congress, not the executive branch, and they are non-partisan. And although I agree their figures often don't end up being accurate, they are predictive and based on the best conclustions economic tools can offer (which is to say it's a soft science, not a hard one).

Your views, Mike, are also biased from your position in the medical field. I don't mean that as a criticism, as it makes perfect sense. Btw, do you find the current health care system to be effective? If not, what do you propose?

[Archaea]

Originally Posted by RedHeadGal

well, CBO's estimates are not Obama's estimates. They work for Congress, not the executive branch, and they are non-partisan. And although I agree their figures often don't end up being accurate, they are predictive and based on the best conclustions economic tools can offer (which is to say it's a soft science, not a hard one).

Your views, Mike, are also biased from your position in the medical field. I don't mean that as a criticism, as it makes perfect sense. Btw, do you find the current health care system to be effective? If not, what do you propose?

What evidence do we have that CBO is using the best techniques available? What evidence do we have that they aren't making absurd assumptions? If I made errors of the magnitude CBO is making, I'd be fired in a heartbeat.

It's the assumptions being fed to CBO by Congress which is controlled by the Democratic Party which is leading to the grotesque errors in estimation.