Posted on 05/15/2015 4:39:58 AM PDT by lowbridge
At a recent White House science fair celebrating inventors, a Girl Scout who helped design a Lego-powered page-turning device asked President Obama what he had ever thought up or prototyped. Stumbling for an answer, he replied: “I came up with things like, you know, health care.”
Ah, yes. “Health care.” Remember when the president’s signature ObamaCare health-insurance exchanges were going to be the greatest thing since sliced bread, the remote control, jogger strollers, Siri, the Keurig coffee maker, driverless cars and Legos put together?
The miraculous, efficient, cost-saving, innovative 21st-century government-run “marketplaces” were supposed to put the “affordable” in President Obama’s Affordable Care Act.
Know-it-all bureaucrats were going to show private companies how to set up better Web sites, implement better marketing and outreach, provide superior customer service and eliminate waste, fraud and abuse.
You will be shocked, I’m sure, to learn that ObamaCare exchanges across the country are instead bleeding money, seeking taxpayer bailouts and turning everything they touch to dust.
“Almost half of ObamaCare exchanges face financial struggles in the future,” The Washington Post reported last week. The news comes despite $5 billion in federal taxpayer subsidies for IT vendors, call centers and all the infrastructure and manpower needed to prop up the showcase government health-insurance entities.
(Excerpt) Read more at nypost.com ...
Except that President Obama did not even devise Obamacare. Other people did that. Obama just signed it into law. The only thing our dear leader has ever created is strife.
All part of the plan. The grifters have the money and the bolsheviks have their excuse for why government as sole source provider is necessary.
It doesn’t matter... they were NEVER about health care, anyway
He didn’t invent global warming either...that hasn’t stopped him spending billions of dollars on boondoggles nor harming American jobs...
That’s right; he never had an original idea, and is just the puppet of those who funded him. What a dopey token...
+
They won’t struggle much.....just increase premiums for everyone, so your affordable care will be more expensive than ever. Problem solved
It’s a tax, so therefore government can regulate it. Prepare for more taxes citizens! You hate poor people if you don’t support more taxes.
How could this be? Why, just yesterday, the Atlanta newspaper was crowing that Georgians were flocking - yes, flocking - to the exchanges. Could somebody be lying to us?
And of course we have Federal Reserve, which can print all the money needed to fund government deficits, suppress interest rates, and steal wages and savings through financial repression. Every government social engineering project can be funded. Obamacare need not worry.
Predicted long ago but liberals are in denial of the economic truth.
In “Economic Calculation in a Socialist Commonwealth,” Ludwig von Mises proves socialistism is not “sustainable”.
http://mises.org/econcalc/POST.asp
“Mises demonstrated that, in any economy more complex than the Crusoe or primitive family level, the socialist planning board would simply not know what to do, or how to answer any of these vital questions. Developing the momentous concept of “calculation”, Mises pointed out that the planning board could not answer these question because socialism would lack the indispensable tool that private entrepreneurs use to appraise and calculate: the existence of a market in the means of production, a market that bring about money prices based on genuine profit-seeking exchanges by private owners of these means of production. Since the very essence of socialism is collective ownership of the means of production, the planning board woud not be able to plan or to make any sort of rational economic decisions. Its decisions would necessarily be of completely arbitrary and chaotic, and therefore the existence of a socialist planned economy is literally “impossible” (to use a term long ridiculed by Mises’s critics).”
Murray M. Rothbard, The End of Socialism and the Calculation Debate Revisited, The Review of Austrian Economics, Vol 5, No. 2
Article link: http://mises.org/journals/rae/pdf/RAE5_2_3.pdf
Decisions strategically timed to put more pressure on SCOTUS.
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