Skip to comments.Lott's Numbers: Obama's Health Care Numbers Exposed
Posted on 09/16/2009 3:41:16 PM PDT by ThomasHart
"Consumers do better when there is choice and competition. Unfortunately, in 34 states, 75% of the insurance market is controlled by five or fewer companies. In Alabama, almost 90% is controlled by just one company. Without competition, the price of insurance goes up and the quality goes down...an additional step we can take to keep insurance companies honest is by making a not-for-profit public option available in the insurance exchange..."
-- President Barack Obama, September 9
Two claims are made all the time in the health care debate: 1) that there is little competition among those providing health insurance and 2) that it is important to take the profit motive out of providing health insurance. Both are myths. It turns out that claims about too little competition are based on a misinterpretation of the data and that non-profit insurers are so abundant that the largest insurer in virtually every state is a non-profit. . . .
(Excerpt) Read more at foxnews.com ...
Wait....does this mean the President is a lying bastard?
As a final finding? No, that was determined long ago.
No, it means he misspoke, unlike Joe Wilson, who is a racist.
“My friends, we live in the greatest nation in the history
of the world. I hope you’ll join with me as we try to
—— Barack Obama
I SMELL Presidential BS again......!!!!
Well, saying that the President is not telling the truth about the numbers he presents is now considered a “racist” remark, so, how shall I put this.
The President is telling the truth. (Wink, Wink, Nudge, Nudge)
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