Archive for April 21st, 2014

Number Games: “The latest cost estimate is 15% lower than the prior estimate”

April 21, 2014

Say, what?

During last Thursday’s impromptu press conference, President Obama ballyhooed that the OC Exchanges had passed 8 million sign-ups (whatever the heck a “sign-up” is) … and that the CBO’s “latest estimate” says the ObamaCare “costs are down 15% from the prior estimate”.

Oh, really?

My BS detector auto-starts when I hear well-parsed, weasely words like those.

Wonder when the latest estimate was made?  What were the assumptions?  How does it tie to the miracle of 8 million?

 

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So, I took  a  moment to dissect that statement … the digging didn’t disappoint

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