Monday, August 20, 2012

Obama tells a $6400 lie about Paul Ryan because he knows the media consider themselves part of the Obama campaign

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8/19/12, "The $6,400 Myth," "Breaking down a false Obama Medicare claim." Wall St. Journal Editorial

"One of President Obama's regular attacks on Paul Ryan's Medicare reform is that it would force seniors to pay $6,400 a year more for health care. But merely because he keeps repeating this doesn't mean it's in the same area code of accurate.

The claim is based on a now out-of-date Congressional Budget Office estimate of the gap between the cost of health care a decade from now, in 2022, and the size of the House budget's premium-support subsidy for a typical 65-year-old in 2022.

In other words, the $6,400 has no relevance for any senior today. None. But it also is unlikely to have any relevance for any senior ever because CBO concedes that its number is highly uncertain and "will depend on the evolution of the health care and health insurance systems over time, which is hard to predict." That's for sure." via Lucianne


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