I firmly believe that there is no level of implosion, no depth of financial disaster that will compel Obama and his minions to admit that this crowning achievement of theirs is a failure.
I am popping my popcorn because this is going to be fun to watch —
* If Obama does delay the mandate, the young won’t sign up.
* If the website doesn’t work, the young won’t be able to sign up;
* If the website finally does work, and the young take a look at the prices and the deductables, the young won’t sign up. [A policy with a $10,000 deductable is worth less than no policy].
* 1.7 million of the young who would sign up are currently unemployed, and can’t sign up.
* When the young do not sign up in the needed numbers by March 2014, the insurance companies will begin to experience real losses from the sick, and their actuaries will project further losses, which will be published in their 2nd quarterly reports. Will these insurance companies remain “willing participants”?
* Obama will have to order Treasury to provide funds to make up these losses, as much as $50 Billion. These will of course be made public, just in time for the November election. This will be hung around the necks of Democrat Senators.
* The sad thing is ... people who are currently paying $400 per month with a $3000 deductable will have their policies cancelled and have to replace them with policies costing $1200 per month with a $12,000 deductable.
...*Will these insurance companies remain “willing participants”?
Of course the insurance companies aren’t going to remain willing participants. Sooner or later this nonsense will run these businesses into the ground. This really gets to the heart of why we absolutely can’t let our useless leadership just twiddle their thumbs waiting for Obamacare to “implode”. When the insurance companies begin to protest and refuse to participate they will be accused of “Corporate Greed”. Once these companies start to fail we’ll be told that there is no option but Single-Payer. It will be a “crisis”, which is the only environment this president is comfortable with.
“My fellow Americans, we will not be deterred in our battle to provide quality affordable health-care to all Americans, not just the one percent. The greedy, profit-obsessed insurance companies, along with their allies the heartless Republicans will never stop trying to sabotage our efforts, which is why I am issuing an executive order requiring all doctors and hospitals to temporarily accept the Emergency National Health-Plan cards the IRS has just issued to all citizens. This is of course a temporary, emergency measure. I look forward to bipartisan negotiations to achieve a long-term solution...”