Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Investors Business Daily)   A government report says ObamaCare will add $6.2 trillion to deficits. Here are five reasons it's sure to add much more than that   (news.investors.com ) divider line
    More: Fail, obamacare, federal deficits, insurance exchange, health spending, deficits  
•       •       •

1866 clicks; posted to Politics » on 27 Feb 2013 at 12:37 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest

2013-02-27 01:28:33 PM  
5 votes:

PanicMan: rufus-t-firefly: So, $82.6 billion a year.

And that's assuming nothing at all changes for 75 years.


Baby Boomers will be nearly 150 years old in 75 years.  Do you have any idea how expensive it will be to keep them alive?
2013-02-27 12:34:16 PM  
5 votes:
FTFA: When you strip out these unrealistic cost control measures, ObamaCare ends up adding $6.2 trillion to federal deficits over the next 75 years, the GAO concludes, accelerating the nation's drive toward the real fiscal cliff.

Federal budget projections are ten years at a time. This doesn't even make sense. The war against Alpha Ceti 1 led by Emperor Springsteen II in 2035 will dwarf that cost alone.

/oops, I've said too much already
2013-02-27 01:11:03 PM  
4 votes:

Uranus Is Huge!: Dogs are getting fatter. At the present rate, in 75 years, dogs will be bigger than cows.


24.media.tumblr.com
2013-02-27 11:43:33 AM  
4 votes:
And what does this mean for the Benghazi investigation?
2013-02-27 10:24:42 AM  
4 votes:
"The Alabama senator asked the office to estimate what would happen if the cost containment provisions in the law -- the Independent Payment Advisory Board, excise tax on high-cost plans, and reductions in Medicare payments to providers -- are 'phased out over time' while the coverage provisions remain."

This is roughly the equivalent of the Boston Celtics' coach asking someone on his staff, "Figure out what our record would be if our opponents' points didn't count." Then, soon after, the coach called a press conference to declare, "Good news everyone! We're undefeated! We've won every game in a shutout!" Link
2013-02-27 12:48:46 PM  
3 votes:

justtray: I'll take point here guys.

First, these are nonsense numbers extrapolated out over a stupid amount of time. Now onto the meat.


'Obamacare' adds government subsidies for people who cannot afford healthcare insurance to get it. Without healthcare insurance, these people still use healthcare and do not pay, causing healthcare organizations to charge more to everyone else to make up for it. One way or another, YOU are paying for it. The benefit of paying through the government means that they can negotiate lower paid prices to the healthcare organizations, driving down the average price paid for procedures, offsetting the increased cost of the initial subidies. Otherwise, what motivation does the healthcare organization have to lower prices? They'll simply take the new increased revenue as profit and say "Thank you very much." The government actually has some of the lowest reimbursement rates across the board.

 
The argument that Obamacare is going to force employers to drop employee health insurance plan is at best, laughably stupid. Just because it's cheaper to pay a fine than to pay for insurance they already provide, doesn't mean they'll drop it. Right now it's EVEN CHEAPER THAN THAT to drop employee insurance and pay no fine, yet it's not being done. The only reasons why a company would now decide to remove your insurance is twofold; because they were going to anyway, or because it's politically motivated (we can blame the blah guy)


Its Investors.com. Nobody's paying you overtime to refute them.

Could have just wrote "Hurrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr"
2013-02-27 01:57:16 PM  
2 votes:

chiett: I believe Mom is calling and lunch is ready. I have to go upstairs to eat.


25.media.tumblr.com
2013-02-27 01:52:05 PM  
2 votes:

jst3p: chiett: chiett:
It's all free anyway. No need to work or serve. All we have to do is sit back
call our friends on our free phone and chill.
Cause YOU owe ME.

Natgrey:
 "This is what Republicans actually believe! "


Actually it's what all the bleeding hearts I've met believe (usually Democrats)

It is what you pretend others believe because intellectually honest discourse is too difficult for you. Literally no one you've met believes this.


True, I have never actually met you. So here is what I DO believe:

I believe I have the responsibility to take care of me and mine as best as I can.
I believe I should give back to my country.
I believe I should pay my fair share of Taxes within the law.
I believe in helping the truly less fortunate.
After I have done these things then I owe NOTHING.
and I believe a large portion of my tax money is wasted.

But let me put it in a way you will understand. I believe Mom is calling and lunch is ready. I have to go upstairs to eat.
2013-02-27 01:39:52 PM  
2 votes:

chiett: chiett:
It's all free anyway. No need to work or serve. All we have to do is sit back
call our friends on our free phone and chill.
Cause YOU owe ME.

Natgrey:
 "This is what Republicans actually believe! "


Actually it's what all the bleeding hearts I've met believe (usually Democrats)


What chiett meeting a bleeding heart Democrat who believes what he wrote might look like.

www.poynter.org
2013-02-27 01:36:21 PM  
2 votes:
www.kurzweilai.net
2013-02-27 01:30:13 PM  
2 votes:

chiett: chiett:
It's all free anyway. No need to work or serve. All we have to do is sit back
call our friends on our free phone and chill.
Cause YOU owe ME.

Natgrey:
 "This is what Republicans actually believe! "


Actually it's what all the bleeding hearts I've met believe (usually Democrats)


Why do you keep such poor company?
2013-02-27 01:07:54 PM  
2 votes:
Dogs are getting fatter. At the present rate, in 75 years, dogs will be bigger than cows.
2013-02-27 12:54:32 PM  
2 votes:
Investor's Business Daily's editorial page?  You might as well be getting financial advice from a drunken Jim Cramer high on cocaine laced with Courtney Love's vaginal mucus.
2013-02-27 12:47:55 PM  
2 votes:
Presidential fartiness IS at an all time high

i.imgur.com
2013-02-27 02:35:44 PM  
1 vote:

theknuckler_33: They just offer better coverage to the higher level employees.

/used to work for a health care insurer


Let me see if I can update this Clinton-era health insurance joke:

As Obamacare kicks in, Michelle Obama is getting a tour around a large hospital. At one point the group walks into a patient room and the patient there is receiving a handjob from the nurse. Michelle explodes: "I can't believe I'm seeing this! No wonder our health costs are out of control! This is the most unprofessional, inappropriate thing I've ever seen!" The doctor leading the tour says "Please, Mrs. Obama, calm down. This patient suffers from a condition called 'hyperspermatosis.' His body simply manufactures too much sperm and if the pressure isn't relieved occasionally, he could literally explode." Michelle Obama is mollified and they continue their tour. After a while they walk into another patient room and this time the nurse is giving the patient a blowjob. "I knew there was something fishy going on here!" screams Michelle. "I can't believe these kinds of activities go on in our hospitals!" Again the doctor tries to mollify her. "Please calm down, Mrs. Obama," he says. "This patient also suffers from hyperspermatosis... he just has a better insurance plan."
2013-02-27 01:55:53 PM  
1 vote:

DamnYankees: chiett: .
I believe in helping the truly less fortunate.

What work is "truly" doing in that sentence?


You know, excluding all those lazy Democrat voting 'takers'.
2013-02-27 01:52:40 PM  
1 vote:

chiett: .
I believe in helping the truly less fortunate.


What work is "truly" doing in that sentence?
2013-02-27 01:46:07 PM  
1 vote:
i.imgur.com
2013-02-27 01:34:16 PM  
1 vote:

chiett: Actually it's what all the bleeding hearts I've met believe (usually Democrats)


You and clane need to learn how to use a quote button.

What a Fark Con trying to respond to someone looks like:
2013-02-27 01:18:03 PM  
1 vote:

thurstonxhowell: The real question is: How many Stephen Hawkings must Obama personally murder before we realize that Obamacare is an Obamanation?


FTFY
2013-02-27 01:17:51 PM  
1 vote:
It's all free anyway. No need to work or serve. All we have to do is sit back
call our friends on our free phone and chill.
Cause YOU owe ME.
2013-02-27 01:14:24 PM  
1 vote:
The real question is: How many Stephen Hawkings must Obama personally murder before we realize that Obamacare is an abomination?
2013-02-27 01:10:49 PM  
1 vote:
When you strip out these unrealistic cost control measures, ObamaCare ends up adding $6.2 trillion to federal deficits over the next 75 years, the GAO concludes, accelerating the nation's drive toward the real fiscal cliff.

So, $82.6 billion a year.

Meanwhile, our annual defense budget is about 8 times as much.

Hell, the interest we're paying on debts from past wars is  $109.1-$431.5 billion (in 2012).

http://en.wikipedia.org/wiki/Military_budget_of_the_United_States#Bu dg et_breakdown_for_2012

Let's just not get into any more long-term wars of choice based on made-up intelligence and we should be fine.

But thanks for the concern, subby & hack journalist.
2013-02-27 01:10:03 PM  
1 vote:

Somacandra: FTFA: When you strip out these unrealistic cost control measures, ObamaCare ends up adding $6.2 trillion to federal deficits over the next 75 years, the GAO concludes, accelerating the nation's drive toward the real fiscal cliff.

Federal budget projections are ten years at a time. This doesn't even make sense. The war against Alpha Ceti 1 led by Emperor Springsteen II in 2035 will dwarf that cost alone.

/oops, I've said too much already


And I'm sure MRI's are going to cost just as much in the year 3000.  Medical technology probably won't become any more advanced or less expensive in 75 years.
2013-02-27 12:57:57 PM  
1 vote:

The Stealth Hippopotamus: The article is about why those are reasonable assumptions.


Meh, I don't quite trust IBD as a reasonable source.

You know who else doesn't trust IBD as a reasonable source?

www.independent.co.uk

http://scienceblogs.com/dispatches/2009/08/12/hawking-serves-crow-to -i nvesto/
2013-02-27 12:57:27 PM  
1 vote:
Investors Business Daily is World Net Daily minus some racism
2013-02-27 12:46:43 PM  
1 vote:
Investors.com is pure republican math.......they even oppose Obama when he's bailing out banks/wall street.
2013-02-27 12:38:27 PM  
1 vote:
And I've never even gotten a call back on my death panel application!
2013-02-27 11:47:21 AM  
1 vote:
I heard that even with obamacare you're still going to die anyway so lets talk about some nice tax cuts instead.
 
Displayed 29 of 29 comments

View Voting Results: Smartest and Funniest

This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
On Twitter








In Other Media
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report