Perhaps Barack Obama didn’t read his own bill? A new report out from Forbes breaks down the true costs of Obamacare for the typical American family of four, and the numbers aren’t just startlingly bad, they’re downright catastrophic. Once again it becomes clear how Obamacare was NEVER about providing health care to the uninsured, but rather a massive, dangerous, and freedom killing power grab by the federal government.

Obamacare Will Increase Health Spending By $7,450 For A Typical Family of Four

It was one of candidate Obama’s most vivid and concrete campaign promises. Forget about high minded (some might say high sounding) but gauzy promises of hope and change. This candidate solemnly pledged on June 5, 2008: “In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States.” Unfortunately, the experts working for Medicare’s actuary have (yet again^[1]) reported that in its first 10 years, Obamacare will boost health spending by “roughly $621 billion” above the amounts Americans would have spent without this misguided law.

What this means for a typical family of four

$621 billion is a pretty eye-glazing number. Most readers will find it easier to think about how this number translates to a typical American family—the very family candidate Obama promised would see $2,500 in annual savings as far as the eye could see. So I have taken the latest year-by-year projections, divided by the projected population and multiplied the result by 4.

continue article at The Ulsterman Report:

http://theulstermanreport.com/2013/09/23/kick-in-the-gut-the-obamacare-chart-barack-obama-doesnt-want-you-to-see/