Associated Press Rips Obama’s Infomercial, Ad Skips Over Budget Realities

Now, the Associated Press is not what anyone would call a bastion of right-wing philosophy. In fact, it is a very leftist organization. That is why it is fairly big news when such an organization takes a leftist candidate for president to task over statements made during a half-hour long infomercial.

Calvin Woodward looks into a few of Barack Obama’s claims and separates the fiction from the fact. From his article:

Democratic presidential candidate Barack Obama was less than upfront in his half-hour commercial Wednesday night about the costs of his programs and the crushing budget pressures he would face in office.

Obama’s assertion that “I’ve offered spending cuts above and beyond” the expense of his promises is accepted only by his partisans. His vow to save money by “eliminating programs that don’t work” masks his failure throughout the campaign to specify what those programs are – beyond the withdrawal of troops from Iraq.

Just like John Kerry, who claimed he had a plan, but refused to reveal that plan to the American people. Here are some examples of what Obama claimed versus the truth:

THE SPIN: “That’s why my health care plan includes improving information technology, requires coverage for preventive care and pre-existing conditions and lowers health care costs for the typical family by $2,500 a year.”

THE FACTS: His plan does not lower premiums by $2,500, or any set amount. Obama hopes that by spending $50 billion over five years on electronic medical records and by improving access to proven disease management programs, among other steps, consumers will end up saving money. He uses an optimistic analysis to suggest cost reductions in national health care spending could amount to the equivalent of $2,500 for a family of four. Many economists are skeptical those savings can be achieved, but even if they are, it’s not a certainty that every dollar would be passed on to consumers in the form of lower premiums.

This same system has been tried in Canada and Great Britain and each time were colossal failures. Even the Canucks and Brits admit that they don’t have universal health care but rather that they have rationed health care. The quality of their care is now among the lowest in the industrialized world.

Obama’s socialized health care plan is analyzed here:

Barack Obama Proposes A Disastrous Socialized Health Care System
84rules
June 18, 2008

And that plan would be rife with fraud:

Medicare Rife With Fraud: The Dems Model For Socialized Medicine
84rules
August 26, 2008

THE SPIN: “Here’s what I’ll do. Cut taxes for every working family making less than $200,000 a year. Give businesses a tax credit for every new employee that they hire right here in the U.S. over the next two years and eliminate tax breaks for companies that ship jobs overseas. Help homeowners who are making a good faith effort to pay their mortgages, by freezing foreclosures for 90 days. And just like after 9-11, we’ll provide low-cost loans to help small businesses pay their workers and keep their doors open. ”

THE FACTS: His proposals – the tax cuts, the low-cost loans, the $15 billion a year he promises for alternative energy, and more – cost money, and the country could be facing a record $1 trillion deficit next year. Indeed, Obama recently acknowledged – although not in his commercial – that: “The next president will have to scale back his agenda and some of his proposals.”

Just a short while ago, it was a tax cut for working families making less than $250,000 per year. Joe Biden has put that figure at $150,000 per year. But history shows us that it is a campaign promise that he cannot keep. Bill Clinton promised no new taxes for anyone making less than $90,000 per year in 1992. The reality was that in order to fund his spending porgrams, people making as little as $30,000 per year were gouged for more taxes. Barack Obama would find the same problem in keeping his promise of a lower threshold. Economists from several different institutions have worked the numbers out and have predicted that families making $45,000 per year will have more taxes taken from their paychecks.

Small businesses won’t do any better under Obama:

Obamanomics Is A Recipe For Recession
84rules
July 30, 2008

You can access the complete article on-line here:

Obama’s Prime-Time Ad Skips Over Budget Realities
Calvin Woodward
Associated Press via My Way News
October 29, 2008

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