More obamacare fail (good article)

[Wolfstrike]

http://www.msn.com/en-us/money/healthcare/7-obamacare-failures-that-have-hurt-americans/ar-BBqS4ih?li=BBnbfcN



goaricle

 

[midcan5]

Nattering nabobs of negativity, another ring wing free market ideologue whose only work is writing worshiping words for corporate power, another day, another pessimistic we can't do that. Bah humbug. Thankfully enough people work to do the hard stuff.

Diana Furchtgott-Roth just another tool. Manhattan Institute for Policy Research - SourceWatch

 

[Geaux4it]

Not to mention, cost

Thanks Obamacare: This Is What Americans Spent Most Money On In 2015

We have been covering the consumption tax, pardon, endless spending black hole that is Obamacare for over a year, so we doubt it will come as a surprise to anyone that in 2015 healthcare was the second biggest use of US consumer funds, soaking up a record $1.9 trillion in real dollars, and more importantly for US economic "growth", the single biggest source of incremental spending by nearly a factor of two.

Incidentally, with spending on healthcare (courtesy of the Supreme Court's Obamacare tax) soaring, while outlays on the traditionally most consumption-intensive category, housing and utilities, going nowhere for the past several years, it is only a matter of 2-3 quarters before Healthcare surpasses Housing as the biggest use of American cash.

Putting this in context, a recent report from Freedom Partners Health found that health insurance premiums have increased faster than wages and inflation in recent years, rising an average of 28 percent from 2009 to 2014 despite the enactment of Obamacare, or rather "because of." Obama signed the Affordable Care Act into law on March 23, 2010, and Wednesday is the law’s sixth anniversary.

So, without further ado, this is what drove American consumer spending in the officially concluded, for GDP purposes, 2015. We show this just in case there is still any confusion why US households are unable to channel more spending into "discretionary", non-mandatory purchases unlike Obama's "health insurance" tax, pardon, noble venture.
Thanks Obamacare: This Is What Americans Spent Most Money On In 2015 | Zero Hedge

 

[WheelieAddict]

Not a supporter and don't like the mandate. I'm for medicaid for all. Small businesses won't have to cover losers like this anymore. And yeah if they aren't insured taxpayers will have to cover anyways.

 

[Mac1958]

This is what we get when politics pollutes an important issue.

Both parties are to blame for this.
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[Steven_R]

The Republicans are not responsible for Obamacare's **** ups. That is solely on the shoulders of the Democrats. The DNC wanted a healthcare system so bad that some kind of National Health Service scheme would seem better by comparison. It was designed to fail. They're getting their wish.

Just because the GOP didn't offer anything didn't mean we had to go with Obamacare.