Obama campaigned on a promise that his Healthcare would REDUCE annual costs by $2,500 for a typical family. What he's actually done according to Medicare's own actuaries is to INCREASE the costs by $7,450 per family. That cost increase is above and beyond the increases that otherwise occurred in medical care costs over the period.
Additionally, in the time since his election, Obama has robbed Americans of $5,000 in annual income.
By my reckoning, by the year 2022 this genius will have missed on his ridiculous promises by $14,450 per year per family. Somewhere along the line, Americans have to wake up to an understanding that they can't afford the asshole.
9/23/2013
Obamacare Will Increase Health Spending By $7,450 For A Typical Family of Four
Chris Conover, Contributor
Forbes
It was one of candidate Obama’s most vivid and concrete campaign promises. Forget about high minded (some might say high sounding) but gauzy promises of hope and change. This candidate solemnly pledged on June 5, 2008: “In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States.” Unfortunately, the experts working for Medicare’s actuary have (yet again[1]) reported that in its first 10 years, Obamacare will boost health spending by “roughly $621 billion” above the amounts Americans would have spent without this misguided law.
What this means for a typical family of four
$621 billion is a pretty eye-glazing number. Most readers will find it easier to think about how this number translates to a typical American family—the very family candidate Obama promised would see $2,500 in annual savings as far as the eye could see. So I have taken the latest year-by-year projections, divided by the projected U.S. population to determine the added amount per person and multiplied the result by 4.
Simplistic? Maybe, but so too was the President’s campaign promise. And this approach allows us to see just how badly that promise fell short of the mark. Between 2014 and 2022, the increase in national health spending (which the Medicare actuaries specifically attribute to the law) amounts to $7,450 per family of 4.
http://www.forbes.com/sites/theapothecary/2013/09/23/its-official-obamacare-will-increase-health-spending-by-7450-for-a-typical-family-of-four/
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