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Obama tells another whopper?

During yesterday's Ohio Obamacare sale-a-thon, President Obama stated that employers "would see premiums fall by as much as 3,000 percent" if his health care reform was signed into law. A premium decline of 3,000% means that employers would receive in income 29 times what they spend on health care premiums. So to make $29 million, all a business needs to do is hire 100 employees and provide them with health insurance at a cost of $10,000 per employee (a total cost of $1 million). Once Obamacare becomes law, these premiums will decline by $30 million -- meaning that the health insurance companies will pay the employer $29 million for the privilege of providing health care insurance to the employees. A $29 million profit all without making a single product. Just think of how many jobs that could "create or save."

Answer Question
 
Carpy

Asked by Carpy at 10:58 AM on Mar. 16, 2010 in Politics & Current Events

Level 39 (114,053 Credits)
Answers (18)
  • LOL!! "NOW HIRING!" "YOUR SPECIAL KID, is expanding! We are hiring in all departments!"

    What a flipping moron! Does BO get anything right?
    yourspecialkid

    Answer by yourspecialkid at 11:06 AM on Mar. 16, 2010

  • You know, using this "math", we wouldn't even need to manufacture anything! I could just set up some tv's, computers, video games and such..oh yeah add plenty of bon bons and soda..................we will be set! Hey, I can bring all my new people to cafemom....how cool would that be.............ME multiplied by 100 times!!
    yourspecialkid

    Answer by yourspecialkid at 11:09 AM on Mar. 16, 2010

  • LOL! Not to mention the CBO and economists all predict premiums would be HIGHER if this bill passes.
    mancosmomma

    Answer by mancosmomma at 11:12 AM on Mar. 16, 2010

  • Lol we could use more like you special.
    Carpy

    Answer by Carpy at 11:12 AM on Mar. 16, 2010

  • I think I will add a spa...free mani/pedi, hairstyling, massages, facials, aromatherapy....we'll put a plastic surgeon on staff...how about a gym with some hot personal trainers....maybe even a personal shopper or 2...because with the new windfall I can easily raise salaries from $18 an hour to $100 an hour.... Who wants to open a branch in their town??!


    You know, what is so sad is that people actually BELIEVE him!
    yourspecialkid

    Answer by yourspecialkid at 11:41 AM on Mar. 16, 2010

  • Let me tell ya, some of those folks in OHIO just love him, and believe everything he says. My family included.
    jewjewbee

    Answer by jewjewbee at 11:51 AM on Mar. 16, 2010

  • how about a gym with some hot personal trainers
    --------------------
    Hey....you stole my idea for my new business venture.
    jewjewbee

    Answer by jewjewbee at 11:53 AM on Mar. 16, 2010

  • Special, maybe all the poor ignorant artists that Pelosi talked about could work for you and paint all day.
    mancosmomma

    Answer by mancosmomma at 12:33 PM on Mar. 16, 2010

  • You should be required to copy write text that you pull from seven different sites and call your own. www.poitifi.com, www.foxnation.com, www.foxnews.com/glenbeck, I could go on.... Maybe instead of regurgitating someone elses opinion, you could come up with your own.
    Anonymous

    Answer by Anonymous at 1:04 PM on Mar. 16, 2010

  • Maybe instead of regurgitating someone elses opinion, you could come up with your own.


    Coming from a person who expresses no opinion regarding Obama's remark.......  Funny!

    Anonymous

    Answer by Anonymous at 1:09 PM on Mar. 16, 2010

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