Obama Gaffe At Rally: "Your Employer Would See Premiums Fall By As Much As 3000 Percent" (Video)

hotairpundit ^ | 3/15/10 | HAP

[Talkradio03]

Obamacare Rally in Strongville, Oh. This is at the end of the speech, Obama tells they that their employer could see premiums fall by as much as "3000 percent" (Video)

[ilovesarah2012]

Was this with his teleprompter?

[WinOne4TheGipper]

He probably really believes that.

[TexasCajun]

About par, the guy has never even balanced his own check-book.

Then when he married, Michelle always handled the family finances.

[ConservativeMind]

[WinOne4TheGipper]

I wish someone would a resignation speech on the TOTUS...

[Eric in the Ozarks]

Sh*tbird has lost count of his fibs...

[cranked]

Jack Squat Barry makes Pinocchio look like an amatuer.

[earlJam]

Imagine if Sarah Palin had said something that stupid.

[RightFighter]

Does anyone else notice that when he asks people to raise their hands if they get insurance through their workplace, there are people in the crowd who BOO the people raising their hands?

[OldDeckHand]

Does he mean for all 57 states?

[Royal Wulff]

OMFG. I’m starting to think his intelligence was exaggerated by the media. /sarc

[AngelesCrestHighway]

Obango flunked math I see.....

[Know et al]

Does he mean for all 57 states?

---

It would only be 56. Nebraska is exempted. LOL

[equalitybeforethelaw]

Only in obamaland can your premiums reduce by 3,000%. Hell at 100% reduction its free. So I guess whatever your paying for insurance you will be remitted your premium times 2,900%. Sweet, one less thing. Thanks bammy, when can I expect the check?

[Ditto]

Then when he married, Michelle always handled the family finances.

I thought that was Tony Rezco.

[wolfcreek]

The poeple in the background are either disinterested or plain stupid.

[JennysCool]

That was the catalyst of this whole thing. People who did not have employer-supplied health insurance were jealous of people who did have it. That’s exactly the kind of emotional issue the Dems always seize upon to increase their power.

[parthian shot]

What he didn’t say was, expect your taxes to go up at least 3000 percent.

[dblshot]

Well lets see; if the government takes over premiums would drop for the business to zero a 100% drop. But to get to 3000% you'd be in negative numbers by 2900%. Lets say for simplicity that the premium per employee was 100 bucks. The government takes over and the business pays zero health care premium. But since the government is - well the government it costs them 3000 bucks to get the employee health care. Sounds like a bit much to me but I'll give the president the benefit of the doubt and allow a dollar per page of the health care bill for the new cost to ensure an employee. Now you might think that is a loser for the government but wait, Obama said premiums would drop he didn't say taxes would not go up to cover the governments cost. So expect a 2900 percent increase in total taxes to cover the cost now incurred by government. plus a small markup to fund ACORN and SEIU who will be providing your nursing home care when you have a heart attack from the tax bill. All makes sense to me.