Monday, September 14, 2009

Obama Offers Health Care Cost Savings: It will Only Take 3,634 Years

It seems that Obama just can't get these numbers right for some reason. Here is Obama's cost savings plan strait from his speech:

And if we can successfully slow the growth of health care costs by just one-tenth of one percent each year, it will actually reduce the deficit by $4 trillion over the long term.

On Saturday, when I first featured this, I showed this spreadsheet from my favorite economist, King Banaian, which showed that the long term would have to be defined as 3,634 years:

In other words sometime in 5643 AD we will get that $4 trillion in health care cost savings that Obama promised us. Perhaps it will go to reducing the budget deficit for our new 538th State which happens to be the Powys Regio on Europa.

Maybe the government can use it toward improving health care for farmed clones since humans will no longer need health care due to advances in android brain transplantation. I guess you could always use it to buy processing plants for vat grown soy pork for poor offworlders. Obama the technocrat strikes again.

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