"Largest middle class tax hike in the history of the U.S." never passed the smell test.
Yes, the claim was and is ludicrous (why do politicians insult our intelligence this way?), but you can see why Obamacare is destined to collapse fiscally, for this and a host of other reasons.
No, I don't. Tell me more.
Because it pencils better to pick up insurance when you get sick, so the insurance companies are not going to get the screw the youngs financial bonanza that is predicted, which is supposed to finance insurance companies having to insure those with pre-existing conditions. There also are not any real cost containment mechanisms that are going to work very well, with limited price policing by individuals, and no restructuring of the health care delivery system towards HMO's, and no provisions for US consumers to stop subsidizing drug research for the planet. It's basically a fail - just like our current system is.
I doubt any of this will be tested however, because Obamacare is destined to be modified before it kicks in, as premiums continue their ramp up at a more rapid rate, in part due to Obamacare and its regulations.
