Pres. Obama has proclaimed April "National Financial Capability Month" and called on Americans to educate themselves about how to "avoid scams, spot misleading information, and decipher complex paperwork" - like those of Obamacare.
On the day of the Obamacare enrollment deadline, Pres. Obama reminded Americans of the importance of being able to spot and avoid dishonest marketing tactics - and offered help:
"In today's economy, financial capability is essential for some of life's biggest transitions -- paying for college, buying a home, saving for retirement. A solid understanding of the marketplace makes it easier to avoid scams, spot misleading information, and decipher complex paperwork. For free resources on managing money and making the best decisions for you, visit www.MyMoney.gov and www.ConsumerFinance.gov, or call 1-888-MyMoney."
So, now Americans can use these educational resources to develop the "financial capability" to recognize and avoid falling prey to Obamacare's:
- "Scams," such as "If you like your plan, you can keep your plan,"
- "Misleading information," like the administration's "premiums will drop," claim, and
- "Complex paperwork," like the Affordable Care Act (Obamacare), which is more than 900 pages long and has regulations 30 times longer than the law itself (11.5 million words) - so complex that some members of Congress voted for it without even reading all the fine print in the bill.
But, thanks to the president's "National Financial Capability Month" and helpful resources, Americans throughout the land can see through empty promises and avoid being duped by the fine print in dangerous, unwieldy laws.
Happy "Financial Capability Month," indeed.