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Tuesday, December 1st 2009

4:21 PM

New York Time Runs Propaganda For Obamacare

No Big Cost Rise in U.S. Premiums Is Seen in Study 
The eagerly awaited report gave Democrats ammunition against Republicans who have criticized the bill on the ground that it would raise costs for most Americans.
This Article in the Times touts a CBO study claiming that individuals who buy health insurance under Obamacare would see significant reductions in premiums. This is extremely vexing considering the CBO released a report lat week that made the opposite claim, reporting that insurance premiums per family would actually increase by nearly $3000 by 2016. By now you must be wondering; how could both reports be true? The times headline is misleading. Premiums will go up as originally reported, only this time the CBO factored in government subsidies provided to families up to 400% above the poverty line. That translates to nearly 60% of the American people. This leaves 40% of the American people who do not qualify for a subsidy paying both the cost of higher premiums & the bill for everyone else. In a nutshell the Democrat health reform plan is to just force 60% of the American people into welfare.

Anthony D Dolpies
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