Health care costs - Obama claimed his plan would lower costs by $2500 per year per family, but it doesn’t. In fact, Obama can’t point to any particular cost reductions. He plans to spend $50 billion over five years on modernization and chronic-disease prevention and presumes that this will lower costs in the future, but in the meantime it raises costs at least in the short run on everyone (the $50 billion doesn’t come out of thin air).
The Pay-Go of his plans - No, he hasn’t demonstrated that he’s found the revenue for his spending, despite his claims last night. Non-partisan analysts believe that his spending programs will add at least $428 billion to the deficit in his first term, and that’s if you accept his non-specific pledge to cut spending in other areas.
Tax cuts for working class families - Before the commercial aired, he had already begun backing away from that idea because of the financial crisis, although Obama didn’t acknowledge it in the ad.
The “right” to affordable health care - Obama doesn’t guarantee coverage in any of his plans, at least not for adults.
Getting out of Iraq - Obama noted that the US spends $10 billion a month in Iraq and talked again about “bringing that war to a close” — but he’s backed away from his previous pledges to get out on a strict 16-month timetable, which is as fast as the remaining units can be properly withdrawn.
Obama's prime-time ad skips over budget realities (AP)
AP on Obamamercial: Misleading (Hot Air)
Rush Limbaugh's Pre-Buttal Response to Obama's Informercial Pt. 1 (YouTube)
Rush Limbaugh's Pre-Buttal Response to Obama's Informercial Pt. 2 (You Tube)