Article written by Edward Morrissey, The Fiscal Times
"Democrats gained the political muscle to push the Affordable Care Act (ACA) through Congress on three basic arguments.
First, they argued that the United States had too many uninsured people, with estimates ranging from 30 million to 45 million.
Second, the rise in costs for health care outstripped inflation, and the market required an intervention that would bend the cost curve downward.
Third, Democrats claimed that insurance companies made too much profit and shorted most consumers on care, while those with generous health plans ? so-called ?Cadillac plans? ? drove up utilization rates and costs for everyone else.
So let?s recap. Obamacare has depressed job growth, costs are escalating at a higher rate, barely a dent has been made in the numbers of uninsured, and insurers are either exiting the markets or failing altogether. Under any other circumstances, a program that failed on its promises so badly would have all sides moving quickly to repeal it and work on a replacement. Don?t bet on that outcome from this White House and its dwindling number of Democratic supporters on Capitol Hill. They will surely try to sell us the illusion of competence and success.
source:http://finance.yahoo.com/news/obamacare-condition-gone-critical-life-113000762.html
My opinion: In my opinion Obamacare is a joke.
"Democrats gained the political muscle to push the Affordable Care Act (ACA) through Congress on three basic arguments.
First, they argued that the United States had too many uninsured people, with estimates ranging from 30 million to 45 million.
Second, the rise in costs for health care outstripped inflation, and the market required an intervention that would bend the cost curve downward.
Third, Democrats claimed that insurance companies made too much profit and shorted most consumers on care, while those with generous health plans ? so-called ?Cadillac plans? ? drove up utilization rates and costs for everyone else.
So let?s recap. Obamacare has depressed job growth, costs are escalating at a higher rate, barely a dent has been made in the numbers of uninsured, and insurers are either exiting the markets or failing altogether. Under any other circumstances, a program that failed on its promises so badly would have all sides moving quickly to repeal it and work on a replacement. Don?t bet on that outcome from this White House and its dwindling number of Democratic supporters on Capitol Hill. They will surely try to sell us the illusion of competence and success.
source:http://finance.yahoo.com/news/obamacare-condition-gone-critical-life-113000762.html
My opinion: In my opinion Obamacare is a joke.