Obamacare’s “Scary” Impact on the Middle Class
In an interview with the Des Moines Register released yesterday, the President claimed that “Obamacare turns out not to be the scary monster that the other side has painted.” That’s an interesting claim, given that under Mr. Obama’s own standards, Obamacare has failed to deliver on its promises to lower costs.
Candidate Obama promised repeatedly that his health plan would CUT premiums by an average of $2,500 per family. The Obama campaign also promised that that those reductions would occur within Obama’s first term. But as the below graph shows, while candidate Obama promised premiums would fall by $2,500 on average, premiums have risen by $3,065 since Barack Obama was elected President. In other words, the President’s broken campaign promise has cost every American family an average of $5,565 per year – yet the President doesn’t think Obamacare is “scary”.
If President Obama truly doesn’t believe that forcing struggling families to pay an additional $5,000-plus in health care premiums because Obamacare failed to deliver is “scary,” then it’s worth asking how out of touch this President has truly become.
