Sticker Shock: Healthcare Spending Spikes As ObamaCare Takes Effect
For some time now, Barack Obama and his apologists have trumpeted slowing healthcare costs as somehow attributable to ObamaCare. Never mind that the declines predated Obama's election, and that even The Washington Post gave him three Pinocchios in its Fact Checker analysis of this claim on November 5 of last year:
Healthcare inflation has gone down every single year since the law [ObamaCare] passed, so that we now have the lowest increase in healthcare costs in 50 years - which is saving us about $180 billion in reduced overall costs to the federal government and in the Medicare program."
To illustrate how he played the role of rooster taking credit for the sunrise, healthcare cost inflation reached 7% in 2003, but plummeted to approximately 2% before Obama even took office.…[more]
If the Supreme Court were to decide not to allow retroactive legislating and uphold Obamacare as written, terrible things would happen to America. We might, for instance, find out what health insurance in fabricated, state-run "marketplaces" actually costs.
The Kaiser Family Foundation estimates that the 37 states that have declined to set up exchanges would see an average spike of 287 percent should the King v. Burwell decision not go the Obama administration's way. It would be 650 percent in Mississippi -- an amount that only proves that exchanges have not made insurance markets more…
"[Trump's] rise is not due to his supporters' anger at government. It is a gesture of contempt for government, for the men and women in Congress, the White House, the agencies. It is precisely because people have lost their awe for the presidency that they imagine Mr. Trump as a viable president. ...Mr. Trump's supporters like that he doesn't in the least fear the press, doesn't get the dart-eyed,…[more]