Guys, projections from the CBO on premiums are the only ones to be taken seriously

[mcablue]

MIT professors who once worked in the Clinton administration who vastly overstate the savings you will get thanks to the Senate bill are not independent

The facts: The House bill would have lowered premiums by 100 to 300 dollars in 2016 compared to current legislation (almost nothing). Two days ago, the CBO found that this same level of premium savings will exist in the Senate bill.

I repeat. In 2016 you will be paying much more money than you are paying now in premiums, and you will be paying 100 to 300 dollars a year less than you would have paid if the status quo had remained in place.

Independent groups have no conflict of interest or bias.

This is why Christina Romer, White House worker, said in January that the unemployment rate wouldn't go over 8.0. Needless to say, it's reached 10.6 at one point. I'm sure she is a good woman, but with a conflict of interest.

When Democratic Senators want an estimate, they ask the CBO, and respect their findings. They do not ask for Democratic MIT professors' estimates, because their conflict of interest would raise eyebrows.

Ezra Klein, David Axelrod and other Obama supporters will use numbers compiled by Democratic MIT professors, because the numbers will be painted as very, very favorable. These numbers will always differ greatly from CBO projections.

CBO. CBO. CBO.

[truedelphi]

1. Thank you for posting this.It is one other thing to consider.

We need to put a lot of blame for this crap piece of legislation passing squarely on the demise of the independent media.

In the early seventies, When Daniel Ellsberg needed a media platform to put the the massage from the Penatogn Papers, eighteen papers and news congolmerates offered him help.

Now all the media conglomerates out there are owned by the Big Medical Interests.

To see what I mean, buy any Main Stream Media, Large Daily newspaper out there and look to see how many ads there are for prescription meds!

[xchrom]

2. Oh-- but they will fix it later.

I always note the lack of time-line on later.

[kirby]

3. Romer...

The Obama administration over and over again said they did not want to try to predict the unemployment rate. They kept saying passing the stimulus would put unemployment on the 'right trajectory' and that it would create 3-4 million jobs. It was only after sound bite journalists kept asking the question over and over that someone alluded to 8.5%. That was never an official number with exact certainty.

[phleshdef]

4. Horse shit. The CBO is NO MORE qualified to do the math than MIT professionals.

And either one could be incorrect or correct, afterall, these are only guesstimates.