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The Coming ObamaCare Train Wreck

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#1801 Dog

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Posted 14 April 2014 - 06:08 PM

 

The Kenyan trumpets the CBO's estimate. He should.

The more recent CBO estimate, not so much.

 

I just hate it when that happens.

 

CBO Lowers Obamacare's Price Tag By $104 Billion Over 10 Years

 

45231-land-ACA3.png

Amazing...crowing over a chart that looks like that of a law that was going to bend the cost curve down. This is what constitutes good news among the faithful.



#1802 Olsonist

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Posted 14 April 2014 - 06:13 PM

It's not clear whether you read the report or not, but here's the money shot:

 

All told, CBO and JCT project, those effects will reduce federal budget deficits by $152 billion over the 2015–2024 period .



#1803 Dog

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Posted 14 April 2014 - 06:15 PM

It's not clear whether you read the report or not, but here's the money shot:

 

All told, CBO and JCT project, those effects will reduce federal budget deficits by $152 billion over the 2015–2024 period .

Google baseline budgeting.



#1804 White Cracker

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Posted 14 April 2014 - 06:50 PM


It's not clear whether you read the report or not, but here's the money shot:
 



All told, CBO and JCT project, those effects will reduce federal budget deficits by $152 billion over the 20152024 period .

So you start with something supposed to coat nothing, find out its true 1.5+ trillion dollar cost, revise it downwards to 1.4 trillion, and proudly claim progress.
In liberal speak, you just saved billions.

#1805 Mark K

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Posted 14 April 2014 - 06:56 PM

Haters gotta hate.

#1806 Olsonist

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Posted 14 April 2014 - 07:31 PM

So you start with something supposed to coat nothing, find out its true 1.5+ trillion dollar cost, revise it downwards to 1.4 trillion, and proudly claim progress.
In liberal speak, you just saved billions.


ObamaCare costs money. Funded money. Still, the CBO says that in the end ObamaCare will save money.

Compare and contrast that with Bush's unfunded Medicare Part D, and for that matter, his unfunded Iraq and Afghanistan wars.

"From the beginning, Republicans decided to forgo dedicated financing for Part D. Except for trivial premiums paid by recipients, the entire cost would fall on taxpayers."

Bruce Bartlett.

http://mobile.nytime...t-busting/?_r=0

Can't get more Single Payer than that.

#1807 Sean

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Posted 14 April 2014 - 07:38 PM

This is starting to get pretty entertaining.

#1808 Sol Rosenberg

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Posted 14 April 2014 - 07:41 PM

Iraq did not cost us money.  It's free if it isn't in the budget.  



#1809 Spatial Ed

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Posted 14 April 2014 - 07:44 PM

Iraq did not cost us money.  It's free if it isn't in the budget.  

The oil paid for the war.



#1810 Sol Rosenberg

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Posted 14 April 2014 - 07:45 PM

Iraq did not cost us money.  It's free if it isn't in the budget.  

The oil paid for the war.

welcomed as liberators.  weeks not months.  Armageddon!



#1811 Spatial Ed

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Posted 14 April 2014 - 07:50 PM

 

Iraq did not cost us money.  It's free if it isn't in the budget.  

The oil paid for the war.

welcomed as liberators.  weeks not months.  Armageddon!

You are either with us, or with the terrorists.  Mission Accomplished.  Shock and Awe!



#1812 White Cracker

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Posted 14 April 2014 - 09:53 PM

Baseline budgeting just spooked the herd.

#1813 Sol Rosenberg

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Posted 14 April 2014 - 10:03 PM

 

It's not clear whether you read the report or not, but here's the money shot:

 

All told, CBO and JCT project, those effects will reduce federal budget deficits by $152 billion over the 2015–2024 period .

Google baseline budgeting.

How does that refute what CBO and JCT project?  



#1814 zzrider

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Posted 14 April 2014 - 10:04 PM

Olsonist, perhaps you can explain why Obamacare has a price tag at all, since earlier you were claiming it will REDUCE the deficit?

#1815 Dog

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Posted 14 April 2014 - 10:11 PM

Haters gotta hate.

Don't be hating Mark.



#1816 Saorsa

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Posted 14 April 2014 - 10:13 PM

 

The Kenyan trumpets the CBO's estimate. He should.

The more recent CBO estimate, not so much.

 

I just hate it when that happens.

 

CBO Lowers Obamacare's Price Tag By $104 Billion Over 10 Years

 

45231-land-ACA3.png

 

That would seem to be a natural effect of delaying things.

 

CBO estimates are based on the current state of the law.  Some of those provisions have been deferred.



#1817 d'ranger

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Posted 14 April 2014 - 10:22 PM

Baseline budgeting just spooked the herd.

Baboon Parrots Dog.



#1818 Olsonist

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Posted 14 April 2014 - 10:24 PM

 

It's not clear whether you read the report or not, but here's the money shot:

 

All told, CBO and JCT project, those effects will reduce federal budget deficits by $152 billion over the 2015–2024 period .

Google baseline budgeting.

 

I'm cool with baseline budgeting. Most adults are, including Paul Ryan. In fact, y'all might just want to look over his Path to Prosperity budget and just try and find any zero based budgeting in there.

 

http://budget.house....5_blueprint.pdf

 

Yep, there will be inflation and there will be population growth regardless of what flavor of Tea you're drinking. BTW, here is a non-Tea flavored summary of the advantages and disadvantages of using zero based and baseline budgeting in the private sector.

 

http://www.accts.com...es/baseline.htm



#1819 Sean

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Posted 14 April 2014 - 10:28 PM


 


The Kenyan trumpets the CBO's estimate. He should.

The more recent CBO estimate, not so much.
 
I just hate it when that happens.
 

CBO Lowers Obamacare's Price Tag By $104 Billion Over 10 Years

 
45231-land-ACA3.png
 
That would seem to be a natural effect of delaying things.
 
CBO estimates are based on the current state of the law.  Some of those provisions have been deferred.

Yes, certainly the delays will effect projections to some degree. But if you are intimating that this report is no news or bad news, I think you're being disingenuous. Have you bothered to read the article? Here's another for you-

Smaller premium hikes forecast in 2015 for Obamacare

By JENNIFER HABERKORN and BRETT NORMAN | 4/14/14 5:12 PM EDT
Insurance premiums under Obamacare are projected to rise less than 3 percent in 2015, a smaller-than-expected jump as the health insurance exchanges enter their second year.

The CBO and Joint Committee on Taxation released a series of new estimates Monday on the law’s costs and the number of people it will cover. The figures show that 12 million more Americans will have health coverage in 2014 than would have been the case without Obamacare — down from a February projection of 13 million because of a dip in expected Medicaid enrollment. Many Republican critics of the ACA have sharply questioned whether the program is reaching the nation’s uninsured.



Read more: http://www.politico....l#ixzz2ytkji9G5

#1820 Olsonist

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Posted 14 April 2014 - 10:35 PM

That would seem to be a natural effect of delaying things.

CBO estimates are based on the current state of the law.  Some of those provisions have been deferred.

 

I don't know if you know what LTI means. You'd have covered it in an upper division Linear Systems class at a decent engineering school. When you delay causes, you generally delay effects. But you don't generally attenuate effects.



#1821 zzrider

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Posted 14 April 2014 - 10:37 PM

I just love how you obama sycophants move the goalposts.

"Smaller premium increases"???

Wasn't this piece of shit supposed to SAVE the average family $2500/yr?

#1822 Regatta Dog

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Posted 14 April 2014 - 10:40 PM

I thought RD was the only one who gets stupid when he drinks.

 

Thanks for the complement.  I had no idea you had any respect for my intellect when I'm sober.

 

I am humbled.



#1823 Saorsa

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Posted 14 April 2014 - 10:42 PM

That would seem to be a natural effect of delaying things.

CBO estimates are based on the current state of the law.  Some of those provisions have been deferred.

 

I don't know if you know what LTI means. You'd have covered it in an upper division Linear Systems class at a decent engineering school. When you delay causes, you generally delay effects. But you don't generally attenuate effects.

 

True, but CBO estimates are based on the data they are given.  For example, the great projected savings in Medicare that are included in the ACA but which have been eliminated with yet another DOCFIX.

 

And, actually, the lines for the 2013 and 2014 estimates do look pretty much like a deferral with a WAG at the end of the ten year period.



#1824 Regatta Dog

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Posted 14 April 2014 - 10:57 PM

 

K and the Boboon puppets sure have a whirlwind of crazy blowing around here. 


How is that sense of irony for ya? Our Prezzident lied during the sales campaign for Ocare and has been caught. All you seem to comment on are the critics of him. I guess that's ok, they're just Republicunts.

Man that's irony with a lot of squalor...

The only thing we know so far is how many people signed up.  I'll wait for the data and leave the imaginary stuff to you and the Boboon puppets. Don't let it driver you bonkers, with a little luck, it could still fail.  

 

There are plenty of critics.  Hell, some of us even voted for a Presidential candidate who had not implemented a health insurance system built around the individual mandate, though most voted for the two candidates who had done so.  Must feel kinda silly to objecting so much to such a system, and then cast one's vote for someone who had done that....  Speaking of irony and squalor.  

 

Would you support a national school system run by the Fed?  If so, why?  If not - why not?



#1825 Olsonist

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Posted 14 April 2014 - 10:58 PM

And, actually, the lines for the 2013 and 2014 estimates do look pretty much like a deferral with a WAG at the end of the ten year period.

 

You'll be happy to know that ObamaCare covers optometry exams.



#1826 Spatial Ed

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Posted 14 April 2014 - 10:59 PM

Baseline budgeting just spooked the herd.

Baboon Parrots Dog.

Dog craps turd, enters Regatta.



#1827 Regatta Dog

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Posted 14 April 2014 - 11:15 PM

 

Baseline budgeting just spooked the herd.

Baboon Parrots Dog.

Dog craps turd, enters Regatta.

 

Oh.  Now I get it!  Sol thinks we are all a bunch of sock puppets.  Please, gentlemen, drink from the trough of paranoia. 

 

I'll tell Sol again - drop a note to BJ Porter and he'll confirm I haven't worn a sock since the 1000 days thread.  Sorry that isn't convenient for you tinfoil helmet folks.

 

Carry on.



#1828 Spatial Ed

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Posted 14 April 2014 - 11:28 PM

 

 

Baseline budgeting just spooked the herd.

Baboon Parrots Dog.

Dog craps turd, enters Regatta.

 

Oh.  Now I get it!  Sol thinks we are all a bunch of sock puppets.  Please, gentlemen, drink from the trough of paranoia. 

 

I'll tell Sol again - drop a note to BJ Porter and he'll confirm I haven't worn a sock since the 1000 days thread.  Sorry that isn't convenient for you tinfoil helmet folks.

 

Carry on.

I'm not Sol.  White Cracker makes the same mistake.  



#1829 Regatta Dog

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Posted 14 April 2014 - 11:35 PM

 

 

 

Baseline budgeting just spooked the herd.

Baboon Parrots Dog.

Dog craps turd, enters Regatta.

 

Oh.  Now I get it!  Sol thinks we are all a bunch of sock puppets.  Please, gentlemen, drink from the trough of paranoia. 

 

I'll tell Sol again - drop a note to BJ Porter and he'll confirm I haven't worn a sock since the 1000 days thread.  Sorry that isn't convenient for you tinfoil helmet folks.

 

Carry on.

I'm not Sol.  White Cracker makes the same mistake.  

 

You're not one of the folks in Sol's sock drawer?  I'm calling bull shit on that.



#1830 Spatial Ed

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Posted 14 April 2014 - 11:41 PM

You're not one of the folks in Sol's sock drawer?  I'm calling bull shit on that.

No sock puppet here.  I post as Spatial Ed and never as anyone else, except I did change my screen name to Mr. Hand during a very challenging period in my life.







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