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Wednesday, April 27, 2016

Obamacare disaster will be Obama’s enduring domestic legacy

Will Obama's legacy be the end of the best health care system in the world? This president's experiment in fascism may well go down in history as a complete failure.

https://www.washingtonpost.com/opinions/obamacare-disaster-will-be-obamas-enduring-domestic-legacy/2016/04/25/a8c09b38-0ae4-11e6-8ab8-9ad050f76d7d_story.html

 Domestically, Ronald Reagan told the American people: “The nine most terrifying words in the English language are ‘I’m from the government, and I’m here to help.’ ” Obama wanted to convince Americans that they were not terrifying. And the way he was going to do it was through the only great liberal legislative achievement of his presidency: Obamacare. 
The president promised these insurers taxpayer bailouts if they lost money, but Congress in its wisdom passed legislation barring the use of taxpayer dollars to prop up the insurers. Without the bailouts, commercial insurers are being forced to eat their losses — while more than half of the Obamacare nonprofit insurance cooperatives created under the law failed.
There is no way to spin this.

Obamacare is a failure.

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