Healthcare.gov, Obamacare’s federally-run, error-prone health insurance exchange, costs north of $500 million, according to the best information available.
To put this in perspective, compare that amount to the operating budgets of some of the tech industry’s biggest names:
· Facebook operated for six years before passing the $500 million mark in 2010
· Twitter operated for five years on $360.17 million in total funding
· Instagram used $57.5 million before being bought by Facebook last year
· LinkedIn has raised $200 million, while Spotify has raised $288 million
Despite the huge funding disparities, however, all of these private sector firms fielded much better online products than the glitch-filled, click-and-crash monstrosity offered by the Obama administration.
After more than a week of operation, Healthcare.gov is doing little more than waste people’s time.
Defunding never looked so good.
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