Factcheck.org Says Obama's Health Plan Promise is BOGUS
Remember that old economics class in high school? Each chapter would start with another theory, you would study for hours to learn the theory, break it down to its component parts, practice how it effects each area of the economy, only to find out on the last page of the chapter that everything you just learned only exists in an IDEAL world. Of course, since the IDEAL world only exists in the fantasy world of economics textbooks, most of what you just learned is nonsense.
Obama (Bristol, Va., June 5):In an Obama administration, we'll lower premiums by up to $2,500 for a typical family per year. And we'll do it by investing in disease prevention, not just disease management; by investing in a paperless health care system to reduce administrative costs; and by covering every single American and making sure that they can take their health care with them if they lose their job. ... And we won't do all this twenty years from now, or ten years from now. We'll do it by the end of my first term as president of the United States.
In a Factcheck.org report, Independent experts say Senator Barack Obama's promise of a savings of up to $2,500 a year per family for health costs exists in that same fantasy IDEAL world as the Economic Textbooks. In other words, it is total nonsense.