Free Markets, Free People

Speaking of the lies we were fed …

By the likes of Krugman and the Democrats, here’s a little more proof:

The Congressional Budget Office on Tuesday quietly raised the 10-year cost of ObamaCare’s insurance subsidies offered via the health law’s exchanges by $233 billion, according to a Congressional Budget Office review of its latest spending forecast.

The CBO’s new baseline estimate shows that ObamaCare subsidies offered through the insurance exchanges — which are supposed to be up and running by next January — will total more than $1 trillion through 2022, up from $814 billion over those same years in its budget forecast made a year ago. That’s an increase of nearly 29%.

29% and they’re not even off the ground yet. Anyone have any doubt whatsoever that this is likely a lowball estimate at this point?  Are we aware of the trend we always see when “costs” are discussed by governments and political parties?

Note too that they play games with the CBO (which is limited to forecasting 10 years out and also hasn’t been very accurate about much of anything – see debt forecasts over the last decade).

The politicians mostly fabricate whatever they think is palatable to the gullible public, sell them with the CBO’s false data and then, when it is found out that it was all bollocks, they say, ‘oh well, too late now, it’s the law”.

Well here’s my feeling about that.  If the “law” doesn’t live up to their hype – if it ends up being massively more than they claimed (you know like 29%) then there’s a fairly simple rule that should be followed.

It – the law – should be automatically repealed.


30 Responses to Speaking of the lies we were fed …

  • It – the law – should be automatically repealed.
    I like that idea.  Also, if the law…as interpreted by the courts and regulators…comes to contradict the stated intent of the lawmakers who enacted it (I’m looking at YOU EPA, and YOU Voting Rights Act, and YOU Civil Rights Act), it should be repealed.

  • Given the rules about bills that add to the deficit, automatic repeal given a sufficient cost overrun is a pretty terrific poison pill that Republicans could offer as amendments to any number of bills.
    Of course, we’d have to be prepared for Democrats to use it on things like defense appropriations.

    • Spending problems are like your hair.“Long hair, short hair … what’s the difference once the head’s blowed off”

  • We weren’t fed any lies. The people knew very well that we had to pass the bill to see what was in it. And nobody cared.

    • The thing about this job, Pres Obama tells House Dems,
      “the longer you’re in it – the more humble you get.”

      • Which means he’s angling for a thousand year term, since for him to NOT be a pure narcissist would require that.

    Apropos our topic here…

    These governance schemes are generally of two kinds: one erodes the separation of powers between Federal and state governments, while the other erodes the separation of powers within the Federal government. In the first category is “cooperative federalism”, whereby the Federal government uses monopoly powers to coerce and subvert the prerogatives of state governments. In the other is Congress’s delegation of vast rule-making authority to administrative agencies.
    These two categories of concern are often treated as being entirely distinct, but they share profound similarities. Both are methods for Congress to escape accountability by hiding its power in other institutions of government.

    • And while Congress tries to dodge it’s responsibilities, the White House works overtime to become Imperial.

    • Perhaps, some day the SCOTUS will decide that the 9th Amendment actually means something.

      The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

  • Well, it doesn’t add one dime to the deficit, so there you go.

  • ANNNDDDD…on the subject of LIES…
    Leon Pinata doubled-down on his Benghazi lies today…

    “The United States military, as I’ve said, is not and, frankly, should not be a 911 service capable of arriving on the scene within minutes to every possible contingency around the world. The U.S. military has neither the resources nor the responsibility to have a fire house next to every U.S. facility in the world,” Panetta said in his opening statement.
    “We have some key bases, particularly in this region. We have some key platforms from which we can deploy. And we have forces on alert, and we’re prepared to move,” he continued. “But our ability to identify threats, to adjust posture, to prevent plots, and respond to attacks to our personnel at home and overseas depends on actionable intelligence — and it always will.”

    • Nice, frame the argument that we’re not the world’s cop when your boss has decided that that day, we were too stupid to save Americans when we probably could have.
      No, Leon, you overrated, over educated dirtball, your job isn’t to arrive for every possible contingency, we understand that.   And you can only respond to a situation like Benghazi if you’re asked to, we also get THAT part.   But stop covering for that arrogant dolt in the Oval Office and pretending that the military couldn’t have made some move to cover that situation if they’d even been ASKED  to.
      The effective range of an excuse, Leon, is ZERO METERS.

  • The pheomenon of actual costs of government exploding past predicted costs is a feature of BOTH major parties. So long as we register and vote for Democrats and Republicans, the deliberate underestimating will continue, because they know that’s one important part of winning elections.

    • Interesting…and hackneyed…assertion.  Can you name the party that made a major program innovation that came in UNDER estimates?

      • As much as I loathe G.W. Bush and Medicare Part D, I believe it did come in well under estimates. So far.

        • Right!  AND it has to be remembered that the Deemocrats we GOING to pass a much more expensive drug benefit, in all likelihood.   Bush did wrong, IMNHO, but he did it right-ish…

  • “It’s a series of measures that says seniors, middle class families, disabled kids and others will solely bear the burden in buying down the sequester while the wealthiest get held harmless” — Jay Carney

    Isn’t that an admission that the “wealthiest” actually get nothing from the government, except the back of Obama’s hand ?
    … that they only get to pay taxes ?

  • Bob Woodward’s “The Price of Politics,” Page 215 (July 12, 2011): “A trigger would lock in our commitment,” [White House national economic council director Gene] Sperling explained. “Even though we disagree on the composition of how to get to the cuts, it would lock us in. The form of the automatic sequester would punish both sides. We’d have to September to avert any sequester” — a legal obligation to make spending cuts. “Then we could use a medium or big deal to force tax reform,” Obama said optimistically. “If this is a trigger for tax reform,” [House speaker John] Boehner said, “this could be worth discussing. But as a budget tool, it’s too complicated. I’m very nervous about this.” “This would be an enforcement mechanism,” Obama said.

    Obama Nov 21, 2011: “I will veto ANY attempt to prevent the sequester.”

    Obama Oct 22, 2012: “First of all, the sequester is not something that I’ve proposed. It is something that Congress has proposed. It will not happen.”

  • “We did nothing that night in Washington as they attacked Benghazi…..WHAT DIFFERENCE DOES IT MAKE?!”
    Don’t know bout you others who have been stuck over the years with a pager, (then a cell phone) and had to perform ‘on call’.   I don’t remember not answering the pager or phone when it rang was listed as one of my acceptable options.
    Must only be those high paying important government jobs.  Union contract thing perhaps.

    • Sgt. Schultz was the STAR witness at the Senate Benghazi hearings today.
      “I know noTHING…NOTHING…!!!”
      Nobody talked to nobody, who gave orders to nobody, who saved nobody.

      • If there is even one life we can save, we‘ve got an obligation to try’

        Maybe he didn’t try because Ambassador Stevens was gay?
        Or is it just because he’s an narcissistic lying indecisive procrastinator unfit to handle the responsibilities of the office?
        Just sayin.

        • Hill-larry didn’t try EITHER.
          Pinata didn’t try EITHER.
          For close to eight hours, they all just sat by as Americans and our interests were getting murdered.
          We should be out in the streets over this, with blood in our eyes.

          • But we won’t be, there’s a blizzard ya know…2 or even 3 foot of snow headed for Boston (like they’ve never had a Nor’easter with 2 to 3 feet of snow in Massachusetts)
            A romp by a (trained government cop liberal leaning) cop killer?
            I wonder what the next important news will be, birth control, a football scandal?
            Mini-tru, hard at work, for YOU!

  • “The president of the United States talking to the secretary of defense for 15 minutes, never talked to the secretary of state until after the attack was over, never made a phone call saying how close are we to help these people?” Graham said.
    “Where is Chris Stevens? What did he do when he was told the ambassador was missing? We’ve had one ambassador killed in the last 30 years?” he continued. “The president of the United States has to account for his leadership here and I intend to hold him accountable. Thus far the White House has delayed, denied, deceived and stonewalled and this has to come to an end. He has to account for his leadership.”
    Panetta told the committee that he and the chairman of the Joint Chiefs of Staff, Gen. Martin Dempsey, talked to Obama for about half an hour at about 5 p.m., when the Sept. 11 attack was about an hour old. Stevens went missing a half hour later.
    “The secretary of State never once talked to the secretary of Defense. The president of the United States never made one phone call to find out how this operation was going,” Graham said.
    “Well, Mr. President, what did you do for eight hours? Who did you talk to? What kind of leadership did you exhibit?
    Where was he? Where was Rambobama…???

    • SKEET SHOOTING!  He’s just crazy about Skeet Shooting!  Does it all the time.  It’s practically an addiction!