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).

There are a couple of guffaws (“politicians agree that Obamacare is great but politics is keeping them from getting it done”?), but 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).

Wow — if the government taking over 1/6 of the US economy could get us a raise like that, just imagine how much we’ll be making after Obama, Pelosi and Reid have taken over everything!

Obama has morphed into Tommy Flanagan in just a few short months.

null

“And if the government borrows a few trillion dollars from your future and gives it to labor unions, you’ll get a huge raise… and your insurance premiums will drop by one… no, two… no, make that three thousand percent! Yeah, that’s the ticket!”

Comments

12 Responses to “Obama: Pass Health Care Bill and Employer Premiums Will Decrease 3,000 Percent and You’ll Get a Raise!”

  1. CAHC on March 15th, 2010 8:47 pm

    Here are some more funny numbers from the administration: In a March 12th Collins Stewart note, analyst Brian Wright said, "A recent Health and Human Services report claiming 56% earnings growth in 2009 for health insurance companies is we believe either intentionally misleading or shows a severe lack of judgment by the Secretary in our opinion." He continues to outline that the numbers used by HHS are completely off base. "We estimate 2009 health segment operating earnings as being up just 1.2% in 2009 from 2008. This compares to 13.5% growth in estimated S&P 500 earnings."

    His conclusion is pretty clear: "Given Secretary Sebelius’s clear disregard for an honest debate regarding the true causes of healthcare cost inflation and her misleading statements that have focused solely on the ~4% net margin of health insurance companies, we question the Secretary’s ability to serve appropriately in her official capacity. How can she be considered an impartial regulator of the government healthcare programs?"

  2. Graciela on March 16th, 2010 12:08 am

    Wow, I want to get me some of that free money that will result in a 3000% drop in premiums. Maybe this is how Obama is gonna jump start the economy! If I'll be getting $450,000 per employee from the insurance company, you bet your bippy, I'll be hiring every homeless person I can find!!!

    Yeah, I'm gonna go right now and call my representative. Obamacare, Obamacare! Rah Rah!!!

  3. RM Edaps on March 16th, 2010 3:59 am

    3000 percent drop in premiums? Our genius socialist president doesn't even know that nothing can drop more than 100 percent. And he is going to run health care and fix our economy? Wake up fast, voters.

  4. ZZMike on March 16th, 2010 4:44 pm

    Obama: the Innumerate President. If any number goes from N to Zero, that's a 100% drop. You cannot – cannot – have any quantity drop by more than 100%.

    Just ask any investor.

    Even if premiums go to zero and the company gives you an extra $100,000, the premiums have dropped by 100% and your salary goes up 500%.

    Is this man as dumb as he thinks we are?

  5. KNett on March 16th, 2010 5:08 pm

    Ok, let's just assume for a second that El-Presidente really believes the numbers he is spewing out (I don't).
    Then why not apply this formula to the National Debt, we could be in the black in just a month or so.
    Is he really that clueless that he thinks people are dumb enough believe that BS. Come on people … wake up !!! A 3000 Percent reduction?!?! Get real … And people actually applauded and cheered, talk about mindless idiots.

  6. Bill in Dallas on March 16th, 2010 7:01 pm

    I've always said that Democrats are bad at math. Just another example from Our Noble Leader.

  7. drew on March 16th, 2010 10:51 pm

    Does anyone know the gist of his speech, or what the 3000 was supposed to represent. I'd have to guess he worded something very incorrectly as opposed to just making up random numbers?

  8. Joey on March 17th, 2010 2:03 am

    Imagine if every household in the United States would have received a stimulus package of say $50,000 instead of squandering it away to the filthy rich financial institutions. Homes would not have gone into foreclosure, cars would have been purchased, bills would have been paid, money left over would have been laced in bank accounts. To sum it all up America would have been on one heck of a rebound. Too bad "We the people" cannot afford a lobbyist, perhaps one day a lobby will be known for what they really do, bribe the elected officials to vote note in the best interest of the United States or her citizens but to vote to benefit a select few and to show preference to a foreign nation and not the United States. One day they just might stop pointing fingers at each other, blaming the other party for what America has become and what it could have been. Imagine if every vote was based on the best interest of the United States and the citizens of the United States, if only….

  9. Robohobo on March 17th, 2010 3:00 am

    He really does think we are as dumb as he is. It is truly sad at this point that a once great nation will have sunk this low. FWIW, I think that the stupid ones deserve the pain that is coming down the road.

    Stupid SHOULD hurt!

  10. What if Palin said this? « The Pinetar Rag on March 17th, 2010 1:27 am

    [...] What if Palin said this? Filed under: Uncategorized — mcgonnigle @ 10:27 pm Click here to read the blurb [...]

  11. J.A.R.M v.3.22.10 « Falcon’s Eyrie on March 22nd, 2010 9:22 am

    [...] * – so, if the bill passes premiums will drop 3,000%?! [...]

  12. Roger on April 6th, 2010 1:41 pm

    Say your employer is being charged $15,000 per year for your health insurance and you're paying 20% of the cost ($3,000). With no changes, the cost next year will be $15,100 and your cost will be $3,020. With a new plan (Obamacare?) maybe the cost to your employer will be $12,100. That's 3,000% less than the expected increase of $100. This also means that your contribution would be $2,420, giving you a net increase in take home pay of $580 per year. The assumptions are highly unlikely, but a 3,000% reduction in the anticipated change in the policy cost is not impossible.

Leave a Reply

You must be logged in to post a comment.