Crush Liberalism

Quote of the day, “Obama’s economic ignorance” edition

Under ObamaCare, not only will your premiums go down (despite what Dick Durbin says), but your employer will actually be getting a fat paycheck from the insurance companies!  Quoth The Won:

How many people are getting’ insurance through their jobs right now? Raise your hands?  A’right. Well, a lot of those folks, your employer, it’s estimated, would see premiums fall by as much as 3,000%, which means they could give you a RAISE!

3000%?  Really?  Let’s crunch the numbers, shall we?

If you currently pay $5000 per year in health insurance premiums, a 50% reduction would mean you pay $2500 per year.  A 100% reduction means you would pay $0.

A 3000% reduction means that Aetna/Blue Cross/BigEvilHealthInsuranceBoogeymanDuJour would give you health insurance plus pay your company’s owner $150,000…and that’s just for your health insurance, let alone all of your co-workers!

You know, if I didn’t know any better, I’d swear B.O. just pulls numbers out of his nether regions!  Then again, 98.4245% of all numbers are made up on the spot! 

March 17, 2010 - Posted by crushliberalism | economic ignorance, health care, Obama, shameful