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Obama Infomercial Fact Check

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    Posted: Oct 30 2008 at 1:02pm

Obama's prime-time ad skips over budget realities

By CALVIN WOODWARD, Associated Press Writer Calvin Woodward, Associated Press Writer Wed Oct 29, 9:18 pm ET

WASHINGTON – 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.

A sampling of what voters heard in the ad, and what he didn't tell them:

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.

___

THE SPIN: "I also believe every American has a right to affordable health care."

THE FACTS: That belief should not be confused with a guarantee of health coverage for all. He makes no such promise. Obama hinted as much in the ad when he said about the problem of the uninsured: "I want to start doing something about it." He would mandate coverage for children but not adults. His program is aimed at making insurance more affordable by offering the choice of government-subsidized coverage similar to that in a plan for federal employees and other steps, including requiring larger employers to share costs of insuring workers.

___

THE SPIN: "I've offered spending cuts above and beyond their cost."

THE FACTS: Independent analysts say both Obama and Republican John McCain would deepen the deficit. The nonpartisan Committee for a Responsible Federal Budget estimates Obama's policy proposals would add a net $428 billion to the deficit over four years — and that analysis accepts the savings he claims from spending cuts. The nonpartisan Tax Policy Center, whose other findings have been quoted approvingly by the Obama campaign, says: "Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next 10 years." The analysis goes on to say: "Neither candidate's plan would significantly increase economic growth unless offset by spending cuts or tax increases that the campaigns have not specified."

___

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."

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Middletown News Quote  Post ReplyReply Direct Link To This Post Posted: Oct 30 2008 at 2:18pm
Excellent post. I really believed he was going to give everyone $2500 for health care. I am very concerned about the damage Obama's spread the wealth program will to to free markets and the economy overall.
 
 
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Pacman View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Oct 30 2008 at 2:36pm
$2500.00 a year hahahahaha, EVEN IF IT WAS TRUE.  My health insurance for my family of 3 IS
 $18,000.00 PER YEAR.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Oct 31 2008 at 1:12pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pacman Quote  Post ReplyReply Direct Link To This Post Posted: Oct 31 2008 at 2:11pm
PURGE: SKEPTICAL REPORTERS TOSSED OFF OBAMA PLANE
Fri Oct 31 2008 08:39:55 ET

NY POST, DALLAS MORNING NEWS, WASHINGTON TIMES TOLD TO GET OUT... ALL 3 ENDORSED MCCAIN

**Exclusive**

The Obama campaign has decided to heave out three newspapers from its plane for the final days of its blitz across battleground states -- and all three endorsed Sen. John McCain for president!

The NY POST,
WASHINGTON TIMES and DALLAS MORNING NEWS have all been told to move out by Sunday to make room for network bigwigs -- and possibly for the inclusion of reporters from two black magazines, ESSENCE and JET, the DRUDGE REPORT has learned.

Despite pleas from top editors of the three newspapers that have covered the campaign for months at extraordinary cost, the Obama campaign says their reporters -- and possibly others -- will have to vacate their coveted seats so more power players can document the final days of Sen. Barack Obama's historic campaign to become the first black American president.

MORE

Some told the DRUDGE REPORT that the reporters are being ousted to bring on documentary film-makers to record the final days; others expect to see on board more sympathetic members of the media, including the NY TIMES' Maureen Dowd, who once complained that she was barred from McCain's Straight Talk Express airplane.

After a week of quiet but desperate behind-the-scenes negotiations, the reporters of the three papers heard last night that they were definitely off for the final swing. They are already planning how to cover the final days by flying commercial or driving from event to event.

Developing...

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Post Options Post Options   Thanks (0) Thanks(0)   Quote spiderjohn Quote  Post ReplyReply Direct Link To This Post Posted: Oct 31 2008 at 8:48pm
you mean that he might be wrong?
Or misleading?
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