OBAMA WAS RIGHT

10 comments

Posted on 4th February 2014 by Administrator in Economy |Politics |Social Issues

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Remember this famous declaration?

Well Obama was right. Obamacare isn’t adding a dime to the deficit.

It’s adding 12 trillion dimes to the national deficit.

The supposedly independent government drones at the CBO, who spin future deficits as positively as they can with a straight face, have concluded that Obamacare will add $1.2 trillion to the national debt over the next decade.

According to the Marketwatch:

Instead, the CBO projects that it will account for increasing chunks of deficit spending, starting at $20 billion this year and steadily increasing to $159 billion in 2024, for a collective deficit of just under $1.2 trillion. Not only does the report on the federal budget take an in-depth look at the ACA and its effects on the budget, but also on the work force in general. Most of these effects won’t hit until after the next few years, once Obamacare has had a chance to gain momentum and get going.

Of course, back in 2000 the CBO projected budget surpluses in 2010 and a National Debt of about $2 trillion. They only missed by a fraction. If they say Obamacare will add $1.2 trillion to the national debt, triple that number to get in the ballpark of reality.

And it only gets better. Obamacare will destroy jobs, as if we didn’t already know that.

One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024. But the reason isn’t that employers will be reluctant to hire; it’s that workers won’t want to rise to income levels that would cut into their health subsidies, the CBO says. The higher a person’s income, the lower the subsidy under Obamacare.

Again, the CBO is off their rocker on the optimism scale. Small businesses aren’t hiring. Small and large businesses are cutting hours of employees. The unintended consequences have only just begun. Remember, Obama has delayed all the truly horrible aspects of Obamacare until after the mid-term elections, dictatorially deciding when and how to enforce a LAW passed by Congress.

But at least we’ve all saved $2,500 per year in health insurance premium costs.

I’m sure MSNBC will be doing an expose of Obama’s lies tonight on the Maddow Show. I can’t wait to see Obama blame Bush for this multi-trillion dollar gaffe.

This economy destroying, deficit busting, job destroying law was passed solely by the Democratic Party. Why the Republicans are not willing to fight it’s implementation tooth and nail is beyond my comprehension. It just confirms that we are run by one party. The ruling party.

10 Comments
  1. Hope@ZeroKelvin says:

    And the hits just keep on coming.

    We have also learned that part of the ObongoCare website was written using CODE FROM BELARUS, which happens to be ground zero for computer hackers and cybercrime.

    http://www.washingtontimes.com/news/2014/feb/4/us-intel-warns-belarus-hand-obamacare/?utm_source=RSS_Feed&utm_medium=RSS

    So NO ONE”S INFO ON THE WEBSITE IS SAFE.

    Prepare for the wave of identity thefts and bank accounts emptying all over America.

    And people thought Ted Cruz’s filibuster to stop Obamacare was expensive….***cue eyeballs rolling***.

    4th February 2014 at 2:56 pm

  2. Iska Waran says:

    In the 2012 State of the Union speeches he actually said “What’s happening in Detroit can happen in other industries. It can happen in Cleveland and Pittsburgh and Raleigh.”

    I guess he was trying to scare the living shit out of people.

    4th February 2014 at 4:19 pm

  3. Thinker says:

    February 4, 2014

    GALLUP – Majority of Americans Still Disapprove of Healthcare Law

    Attitudes toward law and its long-run potential still tilt negative

    by Andrew Dugan

    WASHINGTON, D.C. – President Barack Obama defended his signature legislative achievement, the Affordable Care Act, before Congress and the nation last week in his State of the Union address, but public opinion toward the law is little changed since November. Americans are still more likely to disapprove (51%) than approve (41%) of the law.

    http://www.gallup.com/poll/167309/majority-americans-disapprove-healthcare-law.aspx

    4th February 2014 at 4:21 pm

  4. taxSlave says:

    I want out – I withdraw consent – I do not want to live under this bull shit.

    Where is the exit. These fucking bastards are sucking the life out of me. What can I do to reclaim my liberty?

    4th February 2014 at 6:51 pm

  5. MuckAbout says:

    I quit contributing to the government in 1973. Spent the last years of my working life out of the country, either working with a foreign tax exemption or per diem (on which taxes are not paid).

    The other way to avoid the garrote is to not work for pay. You tend to get hungry doing that unless you’re on the grey market. I never did that – only because I never had too.

    My taxes today are $0.00 (with the exception of local sales tax and property tax – but no Federal tax whatsoever). I planned it that way. No debts, lots of non-taxable non-inflatable assets that the only way the Federals will get a piece of is literally at the point of the gun.(Which I have no doubt they may try and do before TSHTF is over and we reset America’s dream..I’ll be dead by then.)

    But you can ‘t do all this without planning and acting well ahead of the need to do so. You may experience an initial loss starting now – but what the hell – you suffer a little loss now or a big total loss later. When you’re on a roller coaster to Hell, the sooner you get your ass out of it, the better you are.

    Lower your standard of living. Get independent as far as food and electric power is concerned and be prepared to be frustrated because nothing happens except you can’t afford medicine, food or fuel anymore. The rest of the shit will hit the fan soon enough.

    MA

    4th February 2014 at 8:22 pm

  6. Econman says:

    The Maddow Show? No way that guy is having Obomber on.

    Wait, you say that’s a woman? …Obomber or Maddow?

    4th February 2014 at 11:53 pm

  7. Bostonbob says:

    What I want to know is where is the fucking little green onion. What psychopathic delusional nut bag can say this and actually even possibly believe there is a shred of truth to it.
    Bob.

    “What this report said should not suggest this is going to cost jobs. What this report said is a rather obvious point, which is that as people have greater access to healthcare, there is going to be some two-parent families where someone says I’m going to work a little less because we can get healthcare and I’m going spend time raising my children. There is going to be somebody out there who because they can afford healthcare has wanted to retire and may retire earlier. This is about giving Americans more choices,” Sperling said.

    5th February 2014 at 9:09 am

  8. TeresaE says:

    @Admin says, “…Senate Majority Leader Harry Reid (D-Nev.) said the Congressional Budget Office report that shows Obamacare will make the labor force lose 2.3 million full-time workers by 2021 is positive because it lets Americans be “free agents.”…”

    And millions will be bringing down their BMI’s thanks to consuming reduced calories because they are freaking broke and food is growing more expensive by the minute.

    How many times have the complete ass-sucking morons voted him back into office? As sickening as Michigan’s reigning Senate god, Levin.

    Americans deserve the ass-raping coming their way. Sadly, that group includes me too.

    5th February 2014 at 2:03 pm

  9. card802 says:

    Ah the whitehouse spin is amazing. So now they admit that the workforce will shrink and workers will work less hours because of the ACA. But that’s how the law was designed, it’s about choice, it’s about empowering the people to quit their job or take less hours voluntarily.

    However, the White House focused on the report’s claim that the loss of jobs will not be due to employers cutting back, but due to Americans choosing to voluntarily leave the workforce.

    White House spokesman Jay Carney said in a statement the report proves ObamaCare is allowing Americans to be “empowered” to make such a choice.

    “At the beginning of this year, we noted that as part of this new day in health care, Americans would no longer be trapped in a job just to provide coverage for their families, and would have the opportunity to pursue their dreams,” he said. “This CBO report bears that out, and the Republican plan to repeal the ACA would strip those hard-working Americans of that opportunity.”

    5th February 2014 at 2:07 pm

  10. Scott says:

    What in the Hell is the matter with Americans? Are they so docile and compliant that they would let an oversized bully push them around? Americans didn’t used to be that way. The bully didn’t push us around years ago. When someone pushed, we pushed back because that is the natural instinct of all life, except maybe in humans who have been conditioned to be pushovers by their government. Why do we let government push us around now?

    We don’t let nations push us around, so why do the people let their own government push them around? And has the government been pushing us around lately, especially since a glib Chicago con man showed up on the scene and started pushing the American people around as if he were King.

    What has happened to us? Obama and the Democrats shove ObamaCare – “The Unaffordable Careless Act” down the peoples throats, raise their insurance premiums and deductibles and the people, like little bo peep, roll over and sign up for health care on HealthCare.gov

    Obama, his administration and the Democrats are complicit in the scandals of ObamaCare, Benghazi, the IRS and NSA snooping and the people are glued to their TVs, or texting worthless trivia on their I-phones, all across the country, oblivious to the camouflaged slavery trap that has been laid for them by their government.

    If the Republicans take the House and the Senate in 2014, lobby both Houses of Congress to impeach the President. This lawless President needs to be impeached before he can do any more damage. It’s your free America ladies and gentleman, that is if you care to keep it free.

    Big events, like civil unrest, massive uprisings, revolutions, or civil war tend to come in their own time. It takes a catalyst or a great leader to trigger an uprising. So far the catalyst or the leader haven’t happened….yet! But it will. The pot is warming rapidly and it’s getting hotter by the day. Those that cherish freedom and there are millions of us, are not about to go quietly into the night!

    5th February 2014 at 8:33 pm

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