February 12, 2012

Economist who predicted health costs would fall says the opposite a year later

Ever hear the name Jonathan Gruber?

No? Don't feel left out. Gruber is a PhD economist at M.I.T. who was awarded a $392,000 NO-BID contract by the Obama administration to predict what effect Obama's and the Dems so-called "Affordable Care Act" would have on the price of health insurance.

This was back in 2010, before the crap act was crammed down the throat of most of the public. And can you guess what Gruber wrote?

Yep, wunnerful unicorns and pixy dust--lower prices for health insurance for virtually everyone.

Then last year officials in Wisconsin, Minnesota and Colorado hired Gruber to do essentially the same thing for them--analyze the effect of Obamacare on their citizens. And...surprise!!: In these reports Gruber wrote that 59 percent of Americans would see their insurance costs RISE by an average of 31 percent!

Whoa! Didn't Obozo and his MSM supporters tell us just a year earlier that by swallowing this piece of crap act, health insurance would cost LESS for almost everyone?

Why yes, yes they did. In other words, his 2011 report reached a diametrically opposite conclusion from the one publically touted by the Obozo regime just a year earlier.

So...two questions. First, what could possibly explain the two radically different predictions by the same PhD economist in a year's time?

When asked to explain this, Gruber shrugged and said, "Well, back in 2010 I'd scored some really fantastic mushrooms, and I spent most of the rest of that year stoned out of my gourd. So whenever I looked at pages of numbers they all ran together, turned rainbow colors and started doing a conga line across my desktop. So when the deadline arrived for my contract report, I just pulled stuff out of my ass."

I may have missed a word or two in that quote. Sorta like Gruber's first analysis. But don't sweat it--it's close enough for government work.

Alternatively, could it just possibly be that Gruber took what amounts to a $392,000 bribe to write what the Dem/socialists of the Obozo administration wanted him to write, to help get the Socialized Medicine Act passed?

Second question: why has it taken so long for this reversal to come to light and why has this total reversal gotten zero coverage in the MSM?

Answer: The MSM didn't want you to know about it, because it makes their god-king, Barry the 1st, look like he's either a liar or an incompetent clusterfuck.


h/t Daily Caller, via Ace.

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