Obama’s Biggest Lie

April/04/2013 7:32AM
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It’s nice to see the credibility Obama lost when he went on tour to warn the country of the evils of sequestration. See, no one really believed him. But, we may have reached the point where no one believes anything he says. He has a talent for looking into the camera and telling whoppers. He expects listeners to forget what he said by the time the facts come out. However, over time, if you tell enough whoppers, you get labeled a liar.

How many times did President Obama tell us health care costs will go down under ObamaCare?If asked today, he would still contend that’s the truth. Those of us who thought about it much knew that you can’t give 30MM American’s free health care and not have a cost to that. Those who looked at RomneyCare knew the costs were going through the ceiling there.

Well, guess what? The truth is coming out.” Medical claims costs-the biggest driver of health insurance premiums- will jump an average 32 percent for Americans’ individual policies under President Barack Obama’s overhaul, according to a study by the nation’s leading group of financial risk analysts. ” This from the Huffington Post, of all places, a true suporter of Obama.

Why, sicker people are expected to join the pool. This does not consider costs for employer provided insurance. And, it varies by state with California, of course, leading the pack with a projected 80% increase in costs.

Funny thing about actuaries. They aren’t selling anything. They can’t lie like politicians or they get fired. They just give you the facts in cold, hard numbers.

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