Monday, March 22, 2010

Snake Oil: $2500 a Pop!



Are you familiar with the Laffer Curve? When calculating tax rates, 0% taxes brings 0% revenue into the coffers, but coincidentally, so does 100% taxes, because, why would anyone bother to work? The optimum amount of revenue that taxes can raise is somehere between those two points.

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From the talking points above, I believe that the Obama campaign had their own "Laffer Curve", or in the case of economically illiterate Dems, the "Laugher Curve"!

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What do you think? A focus group said promise them $2500 and they'll believe it? Can any thinking person tell me how Obama is going to give every family a $2500 reduction in their insurance premiums and add millions of currently uninsured people into the pool and not have some form of rationing? Frankly, I think the $2500 was snake oil. Nothing more. There are two "L" words that apply to candidate, now President Obama, and only one of them is "liberal".

Cross posted at Say Anything

Update: Listening to this litany of lies again, I noticed that most of the time he said "Up to $2500", which is kind of weaselly in itself. Sometimes he said "lower it $2500", and at least once he said "lower it an average of $2500", which would imply that some folks would have their premiums reduced even more!

3 comments:

  1. This whole thing is a sad joke. Obama and the Dems have created a sales pitch full of misinformation that the leeches of society have sucked up. Hopefully we can vote them out in November and save the Nation.

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  2. The sales pitch had to be calculated, though. You don't accidentally "misspeak" that may times!

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  3. No, not the time to shrivel away. As I said on another thread:

    We get active. We take note of the names of those who voted for this travesty and give of our time, our talent and our treasure to elect someone who will uphold the Constitution.

    And we don't let set backs discourage us, because even though we lose the skirmishes, the battle and the war are too important to sit by and merely feel sorry for ourselves.

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