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Author Topic: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T [Locked]
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
SoBaKi posted:

You really have no idea what an estimate is, right?


In this case it's made up numbers that were known to be wrong but were presented as fact to generate support for a program that would cost more than twice as much.

 

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Sansfear  3 stars
Posts: 757
Registered: 2008-8-31 05:04:52
SoBaKi posted:

paulg_68 posted:

Libtards posted:

It's okay if you deceive people so long as you are technically telling the truth when you do so.


Charlatans and con men everywhere appreciate your support.





You really have no idea what an estimate is, right?



In the real world, there are consequences when your estimates are 100%+ off.
Groucho48  3 stars
Posts: 821
Registered: 2003-10-22 03:00:14
paulg_68 posted:

SoBaKi posted:

You really have no idea what an estimate is, right?


In this case it's made up numbers that were known to be wrong but were presented as fact to generate support for a program that would cost more than twice as much.





The numbers were absolutely correct using standard actuarial estimates. Why are you lying?

 

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Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Sansfear posted:

In the real world, there are consequences when your estimates are 100%+ off.



I really don't think you read your own link or you are too stupid to understand it. Either way.



Your stupidity is only beat by paul who is calling Obama a liar because CBO does estimates on a 10 year basis.

 

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paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
Groucho48 posted:

The numbers were absolutely correct using standard actuarial estimates.


And so were the numbers for medicare, medicaid, and SCHIP but all of them ended up costing more than double what was estimated.

Were you unaware that statistics can be used in lying?

 

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"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
Groucho48  3 stars
Posts: 821
Registered: 2003-10-22 03:00:14
paulg_68 posted:

Groucho48 posted:

The numbers were absolutely correct using standard actuarial estimates.


And so were the numbers for medicare, medicaid, and SCHIP but all of them ended up costing more than double what was estimated.

Were you unaware that statistics can be used in lying?





That's generally because things were added to those programs after the estimates were made. And, again, many of those costs were already costs. Kids don't suddenly need billions of dollars of health care because of SCHIP, they always needed that health care but their parents generally couldn't affords it, so, they ended up bankrupt, the hospitals ended up taking a loss and passing that loss onto paying customers and everyone ended up unhappy.

Of course, to a eugenics buff like you, this doesn't matter at all, because you firmly believe if someone is too poor to pay for medical care society should let them die.

 

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Scarne  4 stars
Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
paulg_68 posted:

And so were the numbers for medicare, medicaid, and SCHIP but all of them ended up costing more than double what was estimated.


Usually that occurs because the programs work well, so future laws are passed to expand the scope of what they cover. The CBO can't guess at what future laws will be passed that will increase the cost of things.

 

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Vydor  1 star
Posts: 248
Registered: 2001-12-24 21:14:09
Well, we all knew the estimates were low and cooked to make the program more inclined to sell to the masses. These on going estimates are no surprise. Pols always low ball programs, you'd think we'd have learned our lesson by now.

 

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__Bonk__  5 stars
Posts: 5,122
Registered: 2009-7-25 03:04:52
This happens with nearly every bill and government program yet people are always suprised when it happens. People must be gullible and dumb

 

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Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
This is good news. It means that the government will crash sooner. And anything that speeds that up is very much welcome by me.

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