Sunday, March 25, 2012

Obama's Puppet Master on Obamacare, Social Security and Medicare

I got this email over the weekend. If it wasn't so sad, I would have to laugh.

From David Axlerod, Obama's Puppet Master:

I like Obamacare.

I'm proud of it -- and you should be, too.


Here's why: Because it works.

So if you're with me, say it: "I like Obamacare."

Obamacare means never having to worry about getting sick and running up against a lifetime cap on insurance coverage. It gives parents the comfort of knowing their kids can stay on their insurance until they're 26, and that a "pre-existing condition" like an ear infection will never compromise their child's coverage.

It's about ending the practice of letting insurance companies charge women 50 percent more -- just because they're women.

And Obamacare can save seniors hundreds of dollars a year on prescription drugs -- and gives them access to preventive care that is saving their lives.

President Obama never lost sight of the fact that this reform is about people. People like his own mother, who spent the last years of her life fighting cancer -- and fighting with insurance companies, too.

That shouldn't happen. And because of Obamacare, it can't.

So next time you hear someone railing against Obamacare, remember what they're actually saying they want to take away.

And, today, stand with me in saying, "Hell yeah, I'm for Obamacare":

http://my.barackobama.com/I-Like-Obamacare

P.S. -- Side note: Can you imagine if the opposition called Social Security "Roosevelt Security"? Or if Medicare was "LBJ-Care"? Seriously, have these guys ever heard of the long view?


Let's talk about Obamacare:

Just before President Obama's national health care law passed in March 2010, I created a chart to visualize how Democrats had delayed implementation of the major spending provisions until 2014, so that 98 percent of its $940 billion projected cost came in the last six years of the Congressional Budget Office's 10-year budget window. This allowed Democrats to claim the legislation met Obama's pledge that the law would cost "around $900 billion over 10 years," even though the true cost was far higher. Yesterday, the CBO released new projections from 2013 extending through 2022, and with the shifted timeline, the ten-year cost of the law's core provisions to expand health insurance coverage has now escalated to $1.76 trillion. So I've created the updated graph below. Notice how low the numbers are in the 2010 to 2013 time period and how they quickly soar. All the spending to the right of the black line wasn't reflected in the CBO's estimate for the Patient Protection and Affordable Care Act (PPACA) at the time of passage.



Let's talk about Medicare and Social Security:

ABC News' Tahman Bradley reports: The country's benefit programs for the elderly – Medicare and Social Security – will be exhausted sooner than thought due to the economic downturn, the Social Security and Medicare Boards of Trustees said today.
Medicare's Hospital Insurance Fund is projected to exhaust its funds in 2024, five years sooner than last year's estimate, and Social Security will be exhausted in 2036, a year earlier than previously thought, the trustees announced.

A few charts indicate the trouble that Social Security and Medicare are facing:





Let's not forget that Obama's payroll holiday further weakens Social Security and Medicare. This is in addition to the $500 billion in cuts to Medicare in Obamacare. I agree with Axlerod putting Obamacare in the same class as Social Security and Medicare . They are budget busters that are/will be budget black holes.

Until Liberals in Congress realize that doing nothing will result in the slow death of Social Security and Medicare, we will continue to dig their graves. Obamacare just makes it much more difficult to get our budget in balance and begin to reduce our growing national debt.

3 comments:

  1. I can't wait for Social Security to run out! I hope it happens soon - very soon! I am sick and tired of the democrats and AARP scaring everyone abouthow the republicans want to take it all away from them. WELL THEM THEM KEEP IT and when there is nothing left I'll be the first on to tell them I told you so. As the programs stand they won't last something has to be done!!!!

    Do they pump something special into the air in White House and the DNC? How else can anyone think that Obamacare is not going to cost something. Sure you can force insurnace companies to offer coverage but it costs something. Someone has to pay for it don't they or do they think all this Obamacare is not going to cost the public anything?

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  2. I am not that cynical. Politicians left and right have spent the payroll taxes that were supposed fund Social Security and Medicare. But, not that we are in this situation, do we do nothing, or do we "reform" the programs so that those who need it the most (elderly retirees)will have it. This will be paid for by reduced benefits who don't need it in the coming years. The liberals know that, but they want to use the Paul Ryans of the world for political gain.

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  3. I guess something was in my air last night and got just a little too cynical:) I agree with your comments.

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