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Monday, December 15, 2014

Gas Savings Sucked Up By ... Obamacare!

There’s a great post up on Zero Hedge exposing the myth that lower gas prices will stimulate consumer spending (news flash: they haven’t). But if Americans aren’t spending the estimated $300 they will save at the pump next year on new get-ups and gadgets … where’s it going?

The answer? Obamacare. You know: The law that was passed because you’re stupid.

Years ago, we warned that U.S. president Barack Obama‘s socialized medicine monstrosity was going to be disastrous for the American economy – and we were right (see HERE, HERE and HERE). As a candidate in 2008, Obama projected annual savings of $2,500 per family by the end of his first term in office – only to close out his first four years with a $2,400 increase in insurance costs.

In other words, his campaign promise was about as accurate the oft-repeated “if you like your health care plan, you can keep it” promise.

The latest evidence of Obamacare’s harmful impact on our economy? A study released by The Commonwealth Fund … which found that “premiums for family coverage increased 73 percent over the past decade.” The study also found “employees’ contributions to their premiums climbed by 93 percent over that time frame.”



Anonymous said...

"You know: The law that was passed because you’re stupid."

No I'm not stupid. I have always known than anyone who would ever even consider voting for Obama was nothing but an utter and complete ignoramus. I didn't need democrat Jonathan Gruber telling me that democrat voters all have IQ's somewhere down in the moron/imbecile range.

Anonymous said...

NO 3:07 PM

You got that all wrong...

You are STUPID and here is why...

Who gives two craps if you did or did not vote for obama bin laden... Who gives two poops if your a dem or repub... Who gives two poops if your white, black yellow or purple... Who gives two poops if you are christian, muslim, Buddhist or atheist...

You did NOTHING to help STOP THIS, you did NOTHING to bring awareness, you did NOTHING PERIOD!!!

That is out right stupidity... Secondly, if you go along to get along you are no better or no different than the people who are doing the harm, you are complicit and that makes you STUPID!!! PERIOD!!!

Anonymous said...

You have no idea what I did 3:44.

Anonymous said...

What did you do 3:44.? Vote for obamba?

Anonymous said...

344, we all read the bill before it was passed and we all were shouting from the rooftops to kill the bill, while you obviously went along to get along. You are the Obama voter in the room.