Washington is filled with people who exaggerate, prevaricate, dissemble, and obfuscate. And those are the people I like. The ones I don’t like are much worse.
That’s why, during the Obamacare debate, I warned that the numbers were utterly dishonest.
We were told, if you remember those grim days, that adopting a giant new entitlement somehow was going to lead to less red ink, but I doubt anybody with an IQ above room temperature actually believed that nonsense, notwithstanding the supposedly non-partisan estimates from the Congressional Budget Office and the Joint Committee on Taxation.
Well, Obamacare was enacted and we’ve already seen evidence that supporters were being less than truthful.
And now there are additional re-estimates suggesting the problem is much worse than even critics feared.
One wonders whether supporters of the legislation will now imitate Inspector Renault from Casablanca and pretend that they are surprised about this outcome.
Here are some excerpts from an Associated Press report about these “surprise” findings.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 1st, 2014 | John Ransom
In Other News: Mary Landrieu Connects with Millennials; Lists Parent’s Basement as Louisiana Address | Michael Schaus
In Other News: Warren Buffet's Secretary Unavailable for Comment on Burger King Tax Move | Michael Schaus