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Thread: Obama lectures the middle class on budget priorities

  1. #1

    Obama lectures the middle class on budget priorities

    I swear, the arrogance and hypocrisy of this man in something to behold and like never seen before. The man who spends more tax dollars on vacations and golf trips, dragging his posse all over the planet and God only knows what else, has the nerve to talk about the lower middle class wage earner as living somehow opulently for having cable and phone service. And how about your budget Mr. President? As if you have ever balanced one.

    The "little people" you supposedly care about are paying for your lifestyle, you @ck@ss. And how come we didn't hear this during the build-up to ramming ObamaCare through and all the propaganda about expensive policies and people losing their coverage or being denied access. Phony pompous jerk.

    Obama: Health insurance isn’t expensive – just cancel cable and phones; Update: White House responds

    posted at 10:01 am on March 12, 2014 by Ed Morrissey

    This is a few days old, but it’s amusing nonetheless. Barack Obama appeared in a town hall for Spanish-language media on March 6th to discuss ObamaCare and promote enrollments, and got challenged by a viewer on the economics of it for low-income Americans who are now forced to buy comprehensive health insurance. On a $36,000 annual income, the requirement to buy the broad policy rather than something a little more economical — say, hospitalization coverage combined with an HSA, a strategy which is now all but illegal — makes it impossible to comply. Pshaw, Obama replied.
    Why, all those low-income folks need to do is stop spending money on luxuries like cable television and cell phones!

    No, really:

    VIDEO CLIP


    The President responded that “if you looked at their cable bill, their telephone, their cell phone bill… it may turn out that, it’s just they haven’t prioritized health care.” He added that if a family member gets sick, the father “will wish he had paid that $300 a month.”

    The Libre Initiative points out that premiums have skyrocketed, thanks to the forced changes in ObamaCare, along with the mandate for comprehensive coverage:

    According to the National Center for Public Policy Research, the health care law is reducing choice and increasing premiums for millions of Americans. Ehealthinsurance reports that consumers are paying an average of 39% more than they did before the law was implemented. The high cost of policies is contributing to the continued weak enrollment numbers under the law, which are now showing signs of decreasing with less than 3 weeks left to enroll. When he sought the Presidency, Mr. Obama said his plan would deliver affordable care that people would be “desperate” to purchase.

    Daniel Garza, Executive Director of The LIBRE Initiative released the following statement:

    “If the President actually believes that a family earning less than $40,000 per year can afford nearly $4,000 in health insurance premiums, then he truly does not understand middle-income families. Americans do not need the President to tell them how to budget their households. People are already cutting back on things like cable television and cell phones, just to compensate for an awful economy.This President promised he would deliver on affordable health care. Instead, premiums are up, out-of-pocket expenses are up, and overall cost of living is up. The President simply doesn’t get it. And his condescending attitude adds insult to injury.”

    Let’s take a look at that $300 a month, too. Assuming that we’re talking about a family of four, that would force the family to spend $3,600 a year. While that might be money well spent in the case of catastrophe, it’s a bad investment on several levels otherwise. If both kids break a bone, it might run them $500 each to get treated, or perhaps even a thousand each if they go to an emergency room. If they get the flu, perhaps another $200 each for a doctor visit. Throw in wellness checks for everyone at $250 each, and we’re talking about $3400 in medical care, $200 less than their premiums.

    But wait! In most plans of that cost, the family will have to spend thousands of dollars in deductibles first for everything but the wellness checks — so the only benefit will be covering the $1000 those cost. In this example, the family that normally would have spent $3400 out of pocket in that year will now spend $5,800.

    That’s why families such as the caller’s used HSAs to spend pre-tax money on routine care and smaller emergencies, and chose so-called catastrophic insurance to deal with serious issues requiring hospitalizations. They could do that and still afford to have a phone and cable TV, at least until Barack Obama assumed he could prioritize their budgets better than they could.

    Update: Jesse Lee at the White House responds:

    It’s difficult to read with the red background, but Obama discusses other options for lower-income families in this part of the Q&A. He also attacks the states that refused to go along with Medicaid expansion, although at $36K a year that’s probably a non-sequitur. This still doesn’t really address Obama’s own suggestion that $300 a month is a reasonable cost for comprehensive family insurance, nor does it negate his implication that families could choose to live without cable and phone service instead. That may well be a fair argument on basic economics, but it’s a far, far cry from the argument offered over the past five years of affordability in ObamaCare. For many uninsured, they had that option in 2009, too.

    Also, for the record, I didn’t notice a “mysterious[]” cut in the middle when I posted this, but I’ll watch more carefully for that in the future.
    Update: The Federalist looked at the whole response, including what the White House sent me, and scoffed even more:

    “Is the Affordable Care Act really affordable?” the moderator then asked Obama. Obama couldn’t settle on a single answer to the question, so he instead suggested that the man should just sign up for Medicaid, blamed Texas for affordable insurance not being available, and concluded by saying the man should cancel his telephone service if he can’t afford to pay for any of Obamacare’s health insurance options. …

    That’s right: it’s not Obamacare’s fault that insurance is now unaffordable. It’s Texas’ fault for not expanding Medicaid. If you like your health plan, you can…just go sign up for Medicaid. Or cancel your phone service. Whatever.
    Last edited by ibleedgreen; 03-13-2014 at 02:00 PM.

  2. #2
    Barack Obama is the son of a single mother. He's the only US President we've had for generations that actually knows what it's like to be dirt poor. He's right by the way health insurance is more important than phones and cable.

    By the way whens the last time a Republican President knew poverty in his life? Abe Lincoln? Who knows better how to balance a budget while poor, Mitt Romney?

  3. #3
    Jets Moderator ret2ski's Avatar
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    Quote Originally Posted by bitonti View Post
    Barack Obama is the son of a single mother. He's the only US President we've had for generations that actually knows what it's like to be dirt poor. He's right by the way health insurance is more important than phones and cable.

    By the way whens the last time a Republican President knew poverty in his life? Abe Lincoln? Who knows better how to balance a budget while poor, Mitt Romney?
    You're joking right?

    You're kidding aren't you?

    Barrank Hussein & balancing a budget do not belong in the same sentence.

  4. #4
    Quote Originally Posted by ret2ski View Post
    You're joking right?

    You're kidding aren't you?

    Barrank Hussein & balancing a budget do not belong in the same sentence.
    the yearly deficit has been cut by about half since Obama took office. A Lot of that was GOP sequester and other cuts. Overall the Obama administration is far better at balancing budgets than his predecessor. In fact Democratic presidents usually balance the budget far more than Republican ones, as a group. Cheney said deficits don't matter and it was Reagan himself that basically invented deficit spending.

  5. #5
    Quote Originally Posted by bitonti View Post
    Barack Obama is the son of a single mother. He's the only US President we've had for generations that actually knows what it's like to be dirt poor. He's right by the way health insurance is more important than phones and cable.

    By the way whens the last time a Republican President knew poverty in his life? Abe Lincoln? Who knows better how to balance a budget while poor, Mitt Romney?
    Which is exactly why I don't like the recent candidates and lightweight stiffs who pretend to hold conservative ideals but are really establishment RINOs, (although Romney, while a bit inconsistent, would have been immensely more productive and positive to the private sector than this radical Marxist ideologue who is completely incompetent with regards to economics).

    But as for your boy Barry, he sure knew how to play the system and likely even gained free education as a foreign exchange student from Kenya. He learned how to stir the pot and play the social unrest game for "change" as a bogus organizer. And now he lives like a celebrity with millions in income for his books and assorted business ventures with all kinds of connections to industry he rails against on the stump. In other words, he's a freaking parasite. Look at his cohorts like the Clintons and Gores who have become filthy stinking rich limousine liberals, laughing their @$$es off at idiots that support them but can barely afford to live in their oppressive economies. And now he has the gall to lecture them about priorities. Please!
    Last edited by ibleedgreen; 03-13-2014 at 04:34 PM.

  6. #6
    Quote Originally Posted by bitonti View Post
    the yearly deficit has been cut by about half since Obama took office. A Lot of that was GOP sequester and other cuts. Overall the Obama administration is far better at balancing budgets than his predecessor. In fact Democratic presidents usually balance the budget far more than Republican ones, as a group. Cheney said deficits don't matter and it was Reagan himself that basically invented deficit spending.
    Who's deficits were "cut in half"? You mean those he himself established as the new norm? It's always a deceptive shell game and you are complicit!

    How about tackling the PUBLIC DEBT and various bubbles ready to burst tsunami? As long as the presentation of the economy is satisfactory to bot and he himself isn't all that affected, it's all good. lol
    Last edited by ibleedgreen; 03-13-2014 at 04:23 PM.

  7. #7
    Jets Moderator ret2ski's Avatar
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    Quote Originally Posted by bitonti View Post
    the yearly deficit has been cut by about half since Obama took office. A Lot of that was GOP sequester and other cuts. Overall the Obama administration is far better at balancing budgets than his predecessor. In fact Democratic presidents usually balance the budget far more than Republican ones, as a group. Cheney said deficits don't matter and it was Reagan himself that basically invented deficit spending.
    As usual no need to let the facts get in the way for you, the liar in chief or his merry band of liars!

  8. #8
    Jets Moderator ret2ski's Avatar
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    Prior to the liar in chief getting into office it took the US exactly 227 years to accumulate over $6 trillion in debt.

    Our foreign exchanger student managed to accomplish adding that much debt that in 5 years!

  9. #9
    Quote Originally Posted by ibleedgreen View Post
    Who's deficits were "cut in half"? You mean those he himself established as the new norm? How about tackling the PUBLIC DEBT and various bubbles ready to burst tsunami? As long as the presentation of the economy is satisfactory to bot and he himself isn't all that affected, it's all good. lol
    The deficits rose not because Obama took office. They rose because the economy cratered. the bailouts were Bush administration policies by the way. When the US Gov't bailed out the banks and fannie/freddie that was started under the Bush administration and voted on by that 2008 congress.

    I do want to give the GOP some credit however for spending cuts. Obamacare has tax increases. all of this adds up to a rapidly shrinking deficit.



    As for the public debt it's not a bubble. It's a market with where demand meets supply. The world loves buying US Debt and that hasn't changed for decades.

    If we want to talk seriously about the deficit, we are calculating it all wrong. If I wanted to determine the net worth of IBG i wouldn't compare your yearly income to your total debts. I'd compare total assets to total debt. No one talks about the assets of the USA. we just compare GDP to total debt.
    Last edited by bitonti; 03-13-2014 at 04:28 PM.

  10. #10
    Quote Originally Posted by bitonti View Post
    The deficits rose not because Obama took office. They rose because the economy cratered.



    As for the public debt it's not a bubble. It's a market with where demand meets supply. The world loves buying US Debt and that hasn't changed for decades.
    No, the bubbles I speak of are much like the housing industry bubble that burst in 2009 and created the crisis needed for things like TARP and the bogus ARRA stimulus and assorted other spending spree bullcr@p. And I don't care if the last Administration is to blame in part as well, they should be called out and d@mned too.

    The new bubbles are the stock market, tuition, pensions, and even the dollar itself. All of these are unfunded liabilities which are topping 100 TRILLION now and threaten our way of life. As Mark Levin often points out, there isn't enough money on the planet to pay these off! But hey, who cares, the economy is getting better because Obama is only wasting three-quarters of a BILLION instead of one and a half TRILLION/year. Never mind the fact we will soon be paying as much or more in INTEREST ALONE. Just stick you head in the sand and only remove it to keep spewing talking points bot.
    Last edited by ibleedgreen; 03-13-2014 at 04:42 PM.

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