3000% Obama Math

by rex on March 23, 2010

in healthcare,obama

Well, now that ObamaCare has been forced passed, I want to know when the Federal Government is going to start sending out the checks? After all, according to the dumb one premiums should now fall by 3000%. Hmm.

The dumb one: “…see premiums fall by as much as 3000% so that means they could give you a raise.”

Let’s do some basic math that our Havard graduate must have missed out on. If I reduce something by 100%, that means I reduced it down to nothing. Per cent means divided by 100.

ex: $100 – ($100 x 1) = $0

Remember, 100% = 100/100 which = 1.  If we “see premiums fall by as much as 3000%”, let’s do the math.

example:
premium amount = $100
3000/100 = 30
$100 – ($100 x 30) = -$2900

By that math, the new IRS enforcers for the ObamaCare should be bringing employers some rather large checks. Get ready! Maybe we need to join these people in line! Obama Money!

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