- We have already talked about one of her favorite topics of ignorance, the so-called “Medicare for All:concept that would effectively add $3.2 TRILLION to the national debt in just the first ten years,would require at least a doubling of taxes for every American every year, and would like crash the whole economy while providing worse medical for every American.
- Given that context, she recently tripped over a Pentagon number that showed $21 TRILLION of Pentagon budget dollars could not be accounted for over the past 20 years: “$21 TRILLION of Pentagon financial transactions “could not be traced, documented, or explained.: "$21T in Pentagon accounting errors. Medicare for ALL costs ~$32T. That means 66% of Medicare for ALL could have been funded already by the Pentagon. And that’s before our premiums.”
- It is no surprise that the Pentagon has a massive accounting and audit problem, we have covered that disgrace many times over the years in this blog.
- But if you go to the following website, you will see that the Pentagon’s annual budget over the past 20 years has probably been about $600 billion a year, sometimes more, sometimes less:
- Which means that the Pentagon has spent about $12 TRILLION over the past twenty years or so.
- Given this $12 TRILLION reality, how could the Pentagon have lost $21 TRILLION over the same period like she asserted so confidently?
- The reality is that you cannot lose more money than you never had especially when the reality of what you had and what she said was lost is so far apart, roughly $9 TRILLION.
- The report she totally misunderstood did say that $21 TRILLION was not accounted for but that does not mean it was lost. Let the American Liberty website explain what the study really meant: “Over the course of 20 some odd years, the Pentagon did have a ton of accounting errors. The total of those errors did reach $21 trillion. That in no way means that the Pentagon misplaced any money at all. Instead, when money goes between departments, it is tracked. Sometimes there are rounding errors. Sometimes there are honest mistakes. Sometimes the same dollar can bounce between departments over a thousand times in a year.”
- And yet, rather than understand the accounting and underlying analysis, she just flew off the handle and falsely assumed that if only the Pentagon ran a tighter ship $21 TRILLION would miraculously show up to fund her idiotic “Medicare for All” concept.
- And even if there were $21 TRILLION to be had, she still did the math wrong: the $21 TRILLION was over a 20 year period, while the $32 TRILLION cost for the “Medicare for All” concept was over ten years so that 66% percent number is grossly wrong, it would be closer to 33% when corrected for twenty years of errors vs. tens years of cost.
- Which is a mute point since there is no missing $21 TRILLION but it does again illustrate her math ignorance.I could again try to explain how scary it is that a woman like this is deciding on legislation. But let’s go back to the American Liberty website and see if they can explain how bad ignorance like this is in Washington DC: “If this was a single mistake by Cortez, we might be able to let it slide. Who hasn’t put their foot in their mouth during a late-night tweet? The problem is that this was an average Tuesday for her. She’s honestly this stupid — all the time. What’s worse is that she was elected. In a landslide! This is exactly what the founding fathers had in mind when they created the Electoral College. The people of New York’s 14th district clearly aren’t intelligent enough to be trusted with a vote. She’s here. She’s going to be sworn in as a member of our Congress in just a few weeks time. She will have the authority to pen laws. If that doesn’t disturb you then you are probably numb beyond reach.”
- Recall what are tweeted assertion was: “$21 TRILLION of Pentagon financial transactions ‘could not be traced, documented, or explained.’ $21T in Pentagon accounting errors. Medicare for All costs ~$32T. That means 66% of Medicare for All could have been funded already by the Pentagon,” she tweeted on December 2.
- Washington Post’s official fact checker, Glenn Kessler, checked out her assertion.
- According to the Unfiltered Patriot website, Kessler "traced Ocasio-Cortez’s claim back to a Nation article in which Michigan State University economist Mark Skidmore shows that there were $21 trillion in accounting adjustments at the Pentagon between 1998 and 2015 that could not be tied to any supporting documentation. In other words, there are no specific transactions in the records that can account for this money.”
- Or as Philip Klein observed in the Washington Times, “the same [Pentagon] dollar could have been accounted for many times.”
- Kessler though that her reasoning and assertion was so bad that he gave her the worst rating for a lie/statement/assertion, the dreaded “Four Pinocchios,” basically saying she was “Liar, liar pants on fire: ”Ocasio-Cortez is not the first Twitter user to mangle information from a news report. But it’s unconvincing to try to pass this off as a rhetorical point being misread. She cited the $21 trillion figure and said ‘66% of Medicare for All could have been funded already by the Pentagon.’ That’s a direct comparison. It’s badly flawed. The same article she referenced on Twitter would have set her straight. The tweet is still up, probably causing confusion. So we will award Four Pinocchios to Ocasio-Cortez.”
- Apparently, Alexandria Ocasio-Cortez recently got into a Twitter snit with Jim Hanson, the president of the Security Studies Group, when Hanson commented that under government-managed health care, “Democrat Socialist overlords” would decide “who will live and who will die,” adding “#DeathPanels rock” at the end of his message."
- Alexandria Ocasio-Cortez, a “Medicare for All” groupie, responded that, “Actually, we have for-profit “death panels” now: they are companies + boards saying you’re on your own bc they won’t cover a critical procedure or medicine. Maybe if the GOP stopped hiding behind this “socialist” rock they love to throw, they’d actually engage on-issue for once.”
- Big talk for someone who is not even sworn in yet to Congress ….and false talk.
- First off, Obama Care forces private insurance companies to cover “essential health” treatments which sounds awfully contrary to private insurance company death panels.
- Plus, state regulators make “essential health mandates” required in their own states.
- According to the National Conference of State Legislatures: “There are more than 1,900 such statutes among all 50 states; another analysis tallies more than 2,200 individual statute provisions, adopted over a 30+ year period.”
- Mr. Haskins correctly notes that “It’s simply not true that there are all sorts of serious health problems health insurers don’t cover, which is clearly what Ocasio-Cortez was suggesting in her Twitter post.”
- Furthermore, “Second, the “death panels” she described aren’t death panels at all. Death panels are composed of government bureaucrats or policymakers who decide which health care treatments will be covered in a single-payer or government-run health care system. The reason they have been labeled “death panels” is because under many single-payer proposals, the government is the only insurer, which means it has complete power to decide which services will be covered. There are no other options in a single-payer system—either the government will choose to pay for your care, or it won’t. And if it chooses not to, then you’re out of luck—unless, of course, you’re a millionaire like Sanders.”
- As always, Alexandria Ocasio-Cortez misses the obvious reality in that Obama Care, halfway to “Medicare For All” in some respects has resulted in individual health insurance premiums doubling since its inception and deductibles are now so high for these Obama Care policies that that out of pocket costs, for the cheapest family based Obama Care policy, is a whopping $14,000.
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