See UPDATE Below
Jonathan Gruber, MIT economist and sometime architect of the Affordable Care Act (Obamacare) has a fancy mathematical model named after himself–the Gruber Microsimulation Model (GMSIM)*. This model forms the basis of Obamacare.
Gruber is The Ford Professor of Economics at MIT. He teaches a class in Public Finance and Public Policy to the impressionable young minds whose parents shell out thousands for a prestigious MIT education.
But he is also the Director of the National Bureau of Economic Research’s Program on Health Care from 2009-present. He was paid almost $400,000 in taxpayer money to provide technical assistance to the creators of Obamacare.
In this now-famous video, Gruber is very pleased with how he and the other architects of Obamacare pulled a fast one on the Congressional Budget Office (CBO). And how they carefully disguised the true effects of the law from “stupid American voters”:
Until recently, Democrat Senator Max Baucus was very pleased with Gruber and his GMSIM model, calling it “unbiased, like the Congressional Budget Office.” On the floor of the Senate, CSPAN recorded Baucus as saying that Gruber was the source of the figure batted around by Obama claiming Obamacare would save a family of four $2,500 a year (and we all know what a lie THAT was):
Baucus (from the CSPAN transcript):
In addition to CBO, MIT’s Jon Gruber has also done a study on premiums. And what does he conclude? He concludes, using Congressional Budget Office data, the Senate bill could mean people purchasing individual insurance would save every year $200 for single coverage and $500 for family coverage in 2009 dollars. Most people think he is one of the best outside experts. He has big computer models. He takes the CBO data and, in some respects, he has helped CBO by giving some information to CBO that
it otherwise does not have.
Mr. Gruber also points out that people with low incomes would receive premium tax credits that will reduce the price they pay for health insurance by as much as $2,500 to $7,500.
To help us “stupid Americans,” understand why Obamacare is such a wonderful invention, Gruber even wrote a comic book (or maybe you could call it a “graphic novel”).
On FOX News, Megyn Kelly featured Gruber in a second video saying that “the American people are too stupid to understand.”
UPDATE: In yet a third video, Gruber talks about how they exploited the basic lack of understanding of the American voter, playing fast and loose with the truth by telling voters the new tax would fall on the INSURANCE companies for so-called “Cadillac Plans,” even though the Insurance companies would just pass the tax on to consumers.
He really thinks Americans are stupid, doesn’t he? So what are we going to do about it?
*About Gruber’s Model
According to a 2012 story in the New York Times, Gruber invented the concept of the Individual Mandate in Obamacare. Gruber has “nearly cornered the market on the technical science” of modeling health care laws. Furthermore, Gruber is “the only person you can go to for that kind of thing, which is why the White House reached out to him in the first place.”