Make him eat it, Nov. 2, 2010
From Hope n' Change Cartoons.
"Now, the issue of making sure this [health care reform] is deficit-neutral is somewhat separate from the issue of bending the cost curve. I mean, conceivably, you could have a system that pays for itself, but doesn't bend the cost curve; it's going to cost you more and more money. Or, alternatively, you could bend the cost curve, but not expand coverage. I think that it's important to do both. I think it's important for us to make sure that 46 million people who don't have health insurance get it. And I think it's important for us to bend the cost curve, separate and apart from coverage issues, just because the system we have right now is unsustainable and hugely inefficient and uncompetitive." [Emphases added.] President Obama, July 2009, as reported by The Washington Post.
On health care reform, this is six months since health care passed. You pledged, A, that you would bend the cost curve, and, B, that Democrats would be able to campaign on this. And CMS reported yesterday that the cost curve is actually bending up: from 6.1 percent to 6.3 percent post-health care legislation. And the only Democrats I’ve seen talking about health care legislation are running TV ads saying that they voted against it.The
(CNSNews.com) – In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
This chart produced by Mercatus Center at George Mason from Bureau of Labor Statistics exposes President Obama's 90% private sector and 10% public sector promise as a lie.
“They’re betting that between now and November, you’ll come down with a case of amnesia,” Obama said. “They think you’ll forget what their agenda did to this country. They think you’ll just believe that they’ve changed. These are the folks whose policies helped devastate our middle class and drive our economy into a ditch. And now they’re asking you for the keys back.”Uh, who has had both houses of Congress for almost four years Barry?
One of the most peculiar observations of this depression started in December 2007 is that while the total US population has increased by 6.8 million from 303.3 million to just over 310 million in July 2010, over the same 32 month period, the civilian labor force has declined from 153.9 million to 153.6 million...
This makes zero sense, as all those aging into working age, or immigrating into the US need to find some job or some other paid activity (either legally or illegally). But let's assume that due to discouragement with economic conditions people simply refuse to look for jobs... [based upon our calculations] the cumulative differential between the labor force as reported, and as calculated has hit an all time record of 3.7 million: this is a number that has to be added to the 7.6 million directly tabulated unemployed to get a sense of just how many jobs have been lost assuming a reversion to the mean for the US economy...The US has lost just over 11.2 million jobs since the start of the recession.