Mark Twain famously said there are three kinds of lies, “lies, damn lies and statistics”.
I just wanted to make a note of all the bullshit, grossly inflated numbers conservatives are throwing around to attack things like healthcare policies and the stimulus bill. The stim bill initially cost about 700 billion, plus letting banks print some more money so they could start loaning again, which they are to pay back as they stabilize. But to hear a conservative blogger or pundit talk about it, it’s obama’s “ten trillion dollar stimulus bill”. Not kidding.
I don’t know how the hell they even got that. What, they added up the interest from that part of the deficit for the next century? Probably.
Now it’s obama’s trillion dollar healthcare bill. It will cost about a trillion dollars… over the next decade. Or about 80 billion a year, to make medical insurance universal (about 1/10th what we spend on medicare/medicaid), and they’re proposing budget cuts to pay for it.
They always factor any expenditure out over many years to make it sound much more expensive, which is just as dishonest as saying obama’s healthcare plan will cost us only five dollars. A minute, I mean. Five dollars a minute.
Come support the financial wizardry that is the amazing five dollar healthcare solution!
And while I’m at it, I know of an insidious government project that will cost 100 TRILLION dollars. That’s right, one hundred trillion big boys. And it kills people, and hurts our troops.
It’s called the US military. And that’s what it’s going to cost us! Oh, um, I mentioned that that is over the next century, right? But it’ll cost that! Gotta get rid of that military…
I saw a chart on the heritage foundation’s website (which if you don’t know is a bullshit conservative “think tank” designed to support and legitimize conservative policies), it showed what the deficit would be in like 80 or 90 years…
Um, a lot of stuff is gonna happen in the next century. Do you know how much money is going to be in your bank account in 80 years? Of course not. And neither do they know what the deficit is going to be in 80 years or even five years. But when bashing policies it helps to inflate the number and make it as big as you possibly can while still being able to utter the figure with a straight face. All this blowing things out of proportion has been bugging me lately. So I thought I’d make a 3am rant about it.