One of the claims made by supporters of (the various incarnations of) Obamacare is that nationalizing health care and health insurance will reduce overall costs of both. In short, "we're from the government, and we're here to help you" is cited as a valid reason to trust that the folks in DC have a clue about economic principles, and a proven track record on them.
Well, to be precise, a "proven track record of being correct on them."
The reality? Not so much:
The dark blue lines represent what Obamington claimed unemployment numbers would be under the Spendulus, and the light blue what the pols claimed would be the unemployment numbers sans the Spendulus.
Those red ones?
Reality.
And yet, we're supposed to trust them to get the health care numbers right?
Sure.
[Hat Tip: Innocent Bystanders]
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