How much has Obamacare saved the American people?

[Oneuli]

Here's a way to think about the success of Obamacare in slowing healthcare inflation. It's been about eight years and eight months since Obamacare was signed into law. We can compute healthcare inflation for 660 eras of that length leading up to the passage of Obamacare. Among the 660 eras, the lowest healthcare inflation was 30%, the highest was 137%, the average was 64%, and the median was 53%.

So, how has the last eight years and eight months looked in that context? Well, it turns out, healthcare inflation has been 26% -- significantly below the prior record-low for a period of that length. The savings from that low rate of healthcare cost growth is substantial. For example, we spend about $10,224 per capita on healthcare today. If, since Obamacare passed, healthcare costs had risen in accordance with an average rate of inflation rather than the record low rate we've had, it would be $12,898. So, for a family of four, you could think of the difference as a $10,696 of additional healthcare costs, just for a single year. And that figure gets bigger every year that our healthcare spending growth remains below average.

https://fred.stlouisfed.org/series/CPIMEDSL

[Lightbringer]

Here's a way to think about the success of Obamacare in slowing healthcare inflation. It's been about eight years and eight months since Obamacare was signed into law. We can compute healthcare inflation for 660 eras of that length leading up to the passage of Obamacare. Among the 660 eras, the lowest healthcare inflation was 30%, the highest was 137%, the average was 64%, and the median was 53%.

So, how has the last eight years and eight months looked in that context? Well, it turns out, healthcare inflation has been 26% -- significantly below the prior record-low for a period of that length. The savings from that low rate of healthcare cost growth is substantial. For example, we spend about $10,224 per capita on healthcare today. If, since Obamacare passed, healthcare costs had risen in accordance with an average rate of inflation rather than the record low rate we've had, it would be $12,898. So, for a family of four, you could think of the difference as a $10,696 of additional healthcare costs, just for a single year. And that figure gets bigger every year that our healthcare spending growth remains below average.

https://fred.stlouisfed.org/series/CPIMEDSL

But who saw the inflation and who didn't see it?

[Getin the ring]

this is a joke thread, right?

[Bourbon]

Yep ... the GOP attempts to sabotage it is working ...

But it's Still LAW

[Lightbringer]

this is a joke thread, right?

It appears so.

[Getin the ring]

It appears so.

you know bourbon is especially nervous about a subject when he posts a giant cartoon with really big text, as if yelling really loud about something will make you sound smarter.
Da Russians

and the thread itself, she would like for everyone to just believe on faith that giving away free stuff is somehow saving someone money, someone besides the people getting free stuff that is

[Oneuli]

But who saw the inflation and who didn't see it?

If you have stats that would illuminate that, I'd be very interested in seeing them.

[Oneuli]

this is a joke thread, right?

No. I provided the link so you can confirm what I'm saying is correct.

[Oneuli]

It appears so.

I find that right-wingers tend to react with unthinking incredulity, when the tropes they've been brainwashed into accepting crash up against verifiable real-world facts.

[Lightbringer]

If you have stats that would illuminate that, I'd be very interested in seeing them.

Why is it incumbent on me to provide them? You made the statement. I'm guessing a lot of poor people were subsidized.

[Lightbringer]

I find that right-wingers tend to react with unthinking incredulity, when the tropes they've been brainwashed into accepting crash up against verifiable real-world facts.

You're talking about tropes? Thanks for the fish.

[Getin the ring]

Why is it incumbent on me to provide them? You made the statement. I'm guessing a lot of poor people were subsidized.

and that's the entire point, the obvious means nothing to liberals, in general.

ANOTHER one of Obamas lies on Obamacare was that it would actually SAVE money. Absurd on it's face never mind the details.
AND here we are almost a decade later, the numbers are out there, the facts are the facts, the courts have spoken, and yet there is still a liberal that would dare utter the words of this OP. It's absolutely mind boggling.

[Truth Detector]

Here's a way to think about the success of Obamacare in slowing healthcare inflation. It's been about eight years and eight months since Obamacare was signed into law. We can compute healthcare inflation for 660 eras of that length leading up to the passage of Obamacare. Among the 660 eras, the lowest healthcare inflation was 30%, the highest was 137%, the average was 64%, and the median was 53%.

So, how has the last eight years and eight months looked in that context? Well, it turns out, healthcare inflation has been 26% -- significantly below the prior record-low for a period of that length. The savings from that low rate of healthcare cost growth is substantial. For example, we spend about $10,224 per capita on healthcare today. If, since Obamacare passed, healthcare costs had risen in accordance with an average rate of inflation rather than the record low rate we've had, it would be $12,898. So, for a family of four, you could think of the difference as a $10,696 of additional healthcare costs, just for a single year. And that figure gets bigger every year that our healthcare spending growth remains below average.

https://fred.stlouisfed.org/series/CPIMEDSL

So the claim that Obamacare would reduce our healthcare costs was a lie. Thank you for proving that. In your link, it shows the costs rising dramatically since 1975 with no lowering trend in sight.

Obama Promises To Lower Health Insurance Premiums by $2,500 Per Year

[Truth Detector]

No. I provided the link so you can confirm what I'm saying is correct.

So the NEW liberal argument is this: Yes Obama was lying about reducing our costs. BUT, they didn't increase as much as they could have. Is that the laughably stupid goalpost movement?

Obama lying about Premium Costs

[Lightbringer]

No. I provided the link so you can confirm what I'm saying is correct.

I read the article and saw the graph, you might want to revisit your link dummy.