Mr Obama Is Wrong On Most EVERYthing:

A recent report from Price Waterhouse Coopers has the Demorats in a dark furor because the truth is -- somehow, and much to their pointed consternation -- continuing to slip out regarding Mr Obama's plans with regards to ObamaKare, and that is this: it will cost Americans horribly.

And despite the American dollar finding itself in an amount of remarkable peril, and imperiled further, Mr Obama and his minions absolutely insist on continuously blowing the doors out on spending.

This, as all logical, thinking, rational persons know, is not only unsound and unsustainable (to use a term popular with the Left) but clearly insane. Any average third grader knows and recognizes the First Rule of Holes: when you're in one, stop digging.

The PWC study indicates -- from Heritage.org:

A major new report confirms the worst fears of many: Health care reform will raise the costs for most Americans—by about 18% on average. That is on top of existing inflation of health coverage.

Once the plan is fully phased-in (by 2019), a typical family of four would pay an extra $4,000 each year.

When combined with existing inflation, costs would rise from today’s $12,300 annual average to $25,900. Of that 111% increase, $9,600 is due to existing factors uncorrected by the legislation, and $4,000 due to additional costs created by the legislation.

For single persons, the differential is projected at $1,500 a year. Premiums would rise from today’s $4,600 a year to $9,600 overall.

Associated Press writes:

Their (insurance companies) dire message that health care legislation will drive up premiums for people who already have coverage comes as a warning shot at a crucial point in the debate, and threatens President Barack Obama's top domestic priority.

Democrats and their allies scrambled on Monday to knock down a new industry-funded study forecasting that Senate legislation, over time, will add thousands of dollars to the cost of a typical policy. "Distorted and flawed," said White House spokeswoman Linda Douglass. "Fundamentally dishonest," said AARP's senior policy strategist, John Rother. "A hatchet job," said a spokesman for Senate Finance Committee chairman Max Baucus, D-Mont.

The Heritage Foundation says, however:

The PWC projections track what The Heritage Foundation and many others have said about the legislation: It does not save money. It simply taxes those who have health coverage and uses the money to give care to others.

The very clear point is this: if you currently have a form of healthcare coverage by way of your employer or even by COBRA, you are targeted. You will pay.

The bottom line is this: Obama's legislation would cause health care costs to go up faster than under the current system. And this is a complete contravention to what Mr Obama and his minions portray.

And they are LYING. Let me make this abundantly clear: Obama and his sycophants are LYING. For those of you who just tuned in: Mr Obama is LYING. Could I possibly be clearer?

Here is the actual PWC document that is under fire.

At just the time when Mr Obama wants to keep spending exponentially, he should be cutting taxes and favoring business across the board.

How is it that one can spend oneself out of a recession and into prosperity?

If you buy into this you are likewise mentally addled.

BZ