'Three Pinocchios' for Pres. Obama's claim on Obamacare and cost reductions 'every single year'

So it looks like the lame-duck session of the Obama presidency is off to a rocky start:

New #FactChecker: Obama’s claim that Obamacare has reduced health-care inflation ‘every single year’ since 2010 http://t.co/ogkY26Fayn

— Glenn Kessler (@GlennKesslerWP) November 6, 2014

https://twitter.com/darthlevin/status/530352544162537472

Oops. Here’s an excerpt from Kessler’s fact-check:

When making a claim like this, the president needs to get his statistics right. He is trying to say that Obamacare is responsible for the slowdown in health-care costs, without directly saying so. But he should acknowledge that although the overall trend is positive, the impact of his health-care law remains unclear. Uttering this claim without any caveats is going too far, even when making allowances for the fact he is speaking extemporaneously. The president earns Three Pinocchios.

And Tweeters have jumped all over the president’s latest fib:

"When making a claim like this, the president needs to get his statistics right." http://t.co/oXpngtJd3a @GlennKesslerWP #Obamacare

— STEW ??? ⚾️ ? (@StewSays) November 6, 2014

The @washingtonpost fact checker dismantles President's claim that Obamacare has reduced hc: http://t.co/vNjbEYtylM

— Natalie Krings (@kringsnatalie) November 6, 2014

Of course it's the reason he hasn't brought it up until now. Obama "Obamacare has reduced health-care" http://t.co/P7WdaqTKlZ

— Barbie Lee (@UF2) November 6, 2014

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Wash Post gives Obama's claim that #ACA has reduced healthcare inflation every year since it passed 3 Pinocchios http://t.co/pUdbtsWcrH

— Michael Keegan (@mjkeegan1127) November 6, 2014

@StewSays @GlennKesslerWP You can't believe a word this administration says. One lie after another. Lie and mislead.

— DanME (@DanME) November 6, 2014

https://twitter.com/GRRRR8est/status/530352395659005952

You’d think the president might have learned that the reason the Dems suffered such a brutal smack down on Tuesday was that the American people are tired with half-truths, but it doesn’t look like it.