Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > Community > MacNN Lounge > Political/War Lounge > Obama's fuzzy math

Obama's fuzzy math
Thread Tools
Snow-i
Professional Poster
Join Date: Dec 2006
Location: Maryland
Status: Offline
Reply With Quote
Mar 17, 2010, 12:27 AM
 
YouTube - Obama: Premiums Will Decrease 3000% So You Should Get A Raise When H'care Is Passed

Originally Posted by Obama
...Alot of those folks, your employer it's estimated would see premiums would fall by 3000% [yes, three thousand percent] which would mean they could give you a raise.
Now I know this guy is full of it. Any reduction over 100% would mean that the insurance company pays you. So, using Obama's math...if we pass healthcare, I could make a living off of having a health plan.

My current health plan ~ $600/month to my employer.

We can use the formula 100% - 3000% to get to a value for the premium adjustment of -29.00 (-2900%).

Lets plug in my numbers to the formula.

($600 * -29.00) = -$17,400/month. Can also be written as $600 - ($600 * 30)

...So let me get this straight....if we pass healthcare under Obama's vision, Aetna will start paying my employer $208,000 dollars a year to use their health plan? Thats one hell of a raise I'd get!

Is there any other way to interpret this math? I can think of none. This insurance salesman of a president has now put out numbers that are quite literally so far gone that I think its time this bill die, and this country focuses on getting jobs created by reducing taxes on people and businesses. No more porkulus, which has proven it has not worked. If Obama pushed half as hard to reduce taxes as he did with Healthcare, I think the next 10 years would be slowly become some of the most prosperous in my lifetime.




Don't any of the proponents of ObamaCare here question the numbers this guy is using to sell his healthcare? I think our president has thoroughly failed the "Are you smarter than a 5th grader" test with regards to this issue. Its time to let it die. No more of these speeches promising literally impossible numbers. No more of these back-room deals to bribe congress members on board. No more of the same corrupt chicago-style politics that have never done anything for anyone other than the politicians themselves. Lets do it the good old-fashioned American way - reduce taxes on people and business to foster in a new era of wealth-creation and American ingenuity.


"No nation has ever taxed itself into prosperity" - unknown


-Snow
     
Snow-i  (op)
Professional Poster
Join Date: Dec 2006
Location: Maryland
Status: Offline
Reply With Quote
Mar 17, 2010, 01:00 AM
 
and yes, it occurred to me that the teleprompter dude goofed the decimal...but does that make this any better?
     
hyteckit
Addicted to MacNN
Join Date: May 2001
Status: Offline
Reply With Quote
Mar 17, 2010, 01:28 AM
 
Dude. You suck at math.
Bush Tax Cuts == Job Killer
June 2001: 132,047,000 employed
June 2003: 129,839,000 employed
2.21 million jobs were LOST after 2 years of Bush Tax Cuts.
     
Snow-i  (op)
Professional Poster
Join Date: Dec 2006
Location: Maryland
Status: Offline
Reply With Quote
Mar 17, 2010, 01:34 AM
 
Really? Would you care to correct me?
     
Gee-Man
Senior User
Join Date: Feb 2001
Status: Offline
Reply With Quote
Mar 17, 2010, 02:16 AM
 
Originally Posted by Snow-i View Post
Is there any other way to interpret this math?
Yes. You're way overanalyzing this. You seem so caught up in finding reasons to demonize Obama that you are willing to attribute something to malice that is merely a simple slip of the tongue. The truth is that he meant to say $3,000. That's the amount of the credit that employers get per-employee for providing health care.

I know this because it's on the White House healthcare website, plus it's not new (he's promised something like this since the campaign, probably since June '08 or so). Some background here:

http://www.whitehouse.gov/sites/defa...s-proposal.pdf
Protecting Families and Putting More Money in Your Pocket: How Health Insurance Reform Will Lower Costs and Increase Choices
     
Snow-i  (op)
Professional Poster
Join Date: Dec 2006
Location: Maryland
Status: Offline
Reply With Quote
Mar 17, 2010, 02:38 AM
 
Originally Posted by Gee-Man View Post
Yes. You're way overanalyzing this. You seem so caught up in finding reasons to demonize Obama that you are willing to attribute something to malice that is merely a simple slip of the tongue. The truth is that he meant to say $3,000. That's the amount of the credit that employers get per-employee for providing health care.

I know this because it's on the White House healthcare website, plus it's not new (he's promised something like this since the campaign, probably since June '08 or so). Some background here:

http://www.whitehouse.gov/sites/defa...s-proposal.pdf
Protecting Families and Putting More Money in Your Pocket: How Health Insurance Reform Will Lower Costs and Increase Choices
Okay. Great. And how was I supposed to know that after the speech? Did he issue a retraction? Did he correct himself afterwards? As the president, thats a pretty critical number for his plan to go un-corrected during or after a public speech.

And if this is his number that he's come up with, how is it not committed to memory? Does he really know so little of his own plan that such an obvious mistake during a public speech goes uncorrected?

I'm not interested in demonizing Obama. I'm interested in the future of this country. I fail to see how our leader is trustworthy when such an obvious and overt mistake over a critical number goes un-corrected.

Then again, all of this is assuming you're right and he did mean to say dollars and not percent. I'm not 100% because Obama has not said a word about it. He should correct himself so that all 57 states can see what he is claiming is proposal will actually do.
     
Big Mac
Clinically Insane
Join Date: Oct 2000
Location: Los Angeles
Status: Offline
Reply With Quote
Mar 17, 2010, 06:32 AM
 
i thought this thread would be about how O to the B to the AMA double counts his Medicare savings. He says he's going to cut $500 billion out of Medicare to "strengthen" it, and then he's apparently going to take that $500 billion and spend it on this new entitlement he's creating. How do you strengthen the finances of an already bankrupt Socialist program by taking a major chunk of its budget and allocating it to a different Socialist program?

"The natural progress of things is for liberty to yield and government to gain ground." TJ
     
ebuddy
Posting Junkie
Join Date: Aug 2003
Location: midwest
Status: Offline
Reply With Quote
Mar 17, 2010, 07:00 AM
 
I like the fact that we're using all these tried and true tactics to get things done.

We're already well under way with the "nothing's too sweet for your State" incentive used throughout US history, then reconciliation, now "The Bill is deemed passed" which is bound to be tied up in the SCOTUS at some point, but...

I'm particularly looking forward to the "pretend the proposal is good" measure used 7 times in US history and the "you gotta pass it to see what's in it" rule used 12 times in US history.

Anyone remember all those complaints about Bush's stubbornness for thrusting policy few supported?
ebuddy
     
smacintush
Addicted to MacNN
Join Date: Sep 2000
Location: Across from the wallpaper store.
Status: Offline
Reply With Quote
Mar 17, 2010, 08:35 AM
 
Obama has Ron Burgundy disease.
Being in debt and celebrating a lower deficit is like being on a diet and celebrating the fact you gained two pounds this week instead of five.
     
BadKosh
Professional Poster
Join Date: Aug 2007
Location: Just west of DC.
Status: Offline
Reply With Quote
Mar 17, 2010, 09:20 AM
 
Reconciliation is not supposed to be used to vote on a bill, but for financial purposes, like raising the debt ceiling and such. The bill can't become law unless both houses actually vote on the bill itself, and the names and votes recorded. Nanci doesn't have the votes, and the house and senate versions are still vastly different. The dems can only look bad or worse for the way they are attempting to ram this bill through. And for all the arm twisting and such, the Dems will still be ruined in November.
     
BadKosh
Professional Poster
Join Date: Aug 2007
Location: Just west of DC.
Status: Offline
Reply With Quote
Mar 17, 2010, 09:32 AM
 
Another warning! I wonder if anyone in 0bama's admin can count?


Tim Cahill slams Barack Obama, Dems on health care - BostonHerald.com

State Treasurer Tim Cahill, taking swipes at both Gov. Deval Patrick and President Obama, boosted his bipartisan chops yesterday, telling Herald columnist Howie Carr on WRKO, “I voted for John McCain, believe it or not.”

Cahill, saying he was barred from the 2008 Democratic National Convention because he wouldn’t endorse either Obama or Hillary Clinton, said, “My own party basically voted me out.”

“I was afraid of what we had already been getting in Massachusetts, and at that point in 2008, I was aware that it wasn’t working,” he said. Separately yesterday, Cahill accused Obama of “propping up” the Bay State’s health plan with federal aid in order to help push the Democrats’ plan through Congress.


“The real problem is that this . . . sucking sound of money has been going into this health-care reform,” Cahill said. “And I would argue that it’s being propped up so that the federal government and the Obama administration can drive it through.”

Gov. Deval Patrick argues the state’s universal health care program has added 1 percent to the budget, but Cahill said the real impact is buffered by federal dollars.

Meanwhile, Republican Charles Baker’s campaign said Patrick “has consistently failed to address rising health-care costs in Massachusetts.” Baker, the former Harvard Pilgrim CEO, advocated for years for greater transparency on the part of medical service providers.

Cahill called on congressional Democrats yesterday to go “back to the drawing board,” saying he fears they will “bankrupt” the country.

Patrick’s campaign yesterday used Cahill’s health-care smackdown in its latest fund-raising pitch, e-mailing supporters that Cahill “is advocating policies that could put that access, and their health, in jeopardy.” Patrick, whose administration held a hearing on health-care costs yesterday, said exorbitant premium increases and medical service costs need to be curbed through legislation he has proposed.
     
Laminar
Posting Junkie
Join Date: Apr 2007
Location: Iowa, how long can this be? Does it really ruin the left column spacing?
Status: Offline
Reply With Quote
Mar 17, 2010, 11:38 AM
 
Originally Posted by Snow-i View Post
Okay. Great. And how was I supposed to know that after the speech? Did he issue a retraction? Did he correct himself afterwards? As the president, thats a pretty critical number for his plan to go un-corrected during or after a public speech.
Because you say to yourself, "Self, it just doesn't make sense for the government to pay my employer $200,000 a year for health insurance. Maybe I should do some research into the issue and find out why it doesn't make sense."

Instead, you said, "Self, HOLY SHIT OBAMA SAID SOMETHING I DEEM STUPID. I BETTER START A THREAD!"

And if this is his number that he's come up with, how is it not committed to memory? Does he really know so little of his own plan that such an obvious mistake during a public speech goes uncorrected?
Your connecting a misspoken word and a lack of memory is telling.

I'm not interested in demonizing Obama. I'm interested in the future of this country. I fail to see how our leader is trustworthy when such an obvious and overt mistake over a critical number goes un-corrected.
Thankfully, law and policy are not created by writing down what's said in a speech. It would be different if the website or the bill itself said "percent," but this is just a speech. Again, your agitation over nothing is very telling.

Then again, all of this is assuming you're right and he did mean to say dollars and not percent. I'm not 100% because Obama has not said a word about it. He should correct himself so that all 57 states can see what he is claiming is proposal will actually do.
LOLOL11!1!
     
   
 
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Top
Privacy Policy
All times are GMT -4. The time now is 12:30 AM.
All contents of these forums © 1995-2017 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2017, Jelsoft Enterprises Ltd.,