Paul the Octopus
Slow Starter
Most characters need to spend a bar to beat 32%, so the close to 1:1 ratio does apply in a lot of match ups.It's not a 1:1 ratio, only in damage, you didnt take into account the 1 bar as well.
In any case, it's still a much better situation than most characters in this game. It's not tremor levels of stupid, but it's pretty good.