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March 19, 2012

White House Retreats From Claim Of Obamacare As Positive For Economy

Topics: Political News and commentaries

This is what happens when fairy tales and pixy dust are confronted with reality:

White House Press Secretary Jay Carney implicitly retreated from President Obama's argument that Obamacare was a crucial part of his economic agenda, as Carney explained that the president is now focusing on the economy rather than health care reform.

"The president does speak about health care on occasion and will continue to do that," Carney told reporters today when explaining Obama's relative silence on the law of late, "but he is focused on a forward agenda right now -- and working with Congress and doing the things he can through executive action -- to grow the economy and create jobs."

Carney's statement implies a distinction between Obamacare and good economic policies that the White House did not make when pushing for the law in 2009. "Health care reform is incredibly important not just for the American people but for the American economy," Christina Romer, Obama's chairwoman of the Council of Economic Advisers, said during the health care debate. "Good health care reform is essentially good economic policy," she added.

Obama's economic advisers said that "success is not guaranteed" in a report on health care reform, but argued that "the economic benefits of achieving successful reform would be very large."

Given the persistently high unemployment, perhaps the White House has decided not to argue that Obamacare has produced "economic benefits" that are "very large."

So, it turns out that Ron Paul was absolutely right ... well before Obamacare was passed (so we could see what's in it):

It's cost millions to lose their insurance and multiples of what was claimed.

Here, also well before Obamacare was passed, Paul Ryan exposes it's true cost: "O'care is the biggest open-ended entitlement ever created."

And Obamacare's skyrocketing costs are rapidly adding to our already-existing $88.6 Trillion in unfunded liabilities. And yet Obama is still spending like a drunken sailor ... chasing after a "brave, new, green world" and creating an even bigger ever-growing entitlement society. (As Roger Hedgecock notes, by choking off the use of America's natural bounty of coal, oil and natural gas, and by promising an even greater bounty from a world of "alternative energy" supposedly more pleasing to the planet, Obama embarked on the same government-knows-best program that has impoverished countries from Zimbabwe to Cuba to North Korea.)

And we now know that we can count Obacare among those "government-knows-best programs" that have never worked "in countries from Zimbabwe to Cuba" ... and Greece.

Obamacare costs skyrocket, even pre-launch
New Study Reveals Obamacare's Threats to the Economy -- And Medicine as We Know it
ObamaCare: A Bad Deal for Young Adults
The real (high) cost of ObamaCare

Posted by Hyscience at March 19, 2012 3:14 PM

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