Krugman: Those counting on Obamacare collapse are “making a very bad bet”

Writing at his New York Times blog, Paul Krugman warned that those banking on Obamacare to collapse are “probably making a very bad bet.”

As proof, Krugman points to the record of state-level healthcare exchanges, which by and large have been performing much better than their federal counterpart. He also cites the rising levels of Medicaid enrollment — which is occurring in both states that have and haven’t accepted the Obamacare expansion — and the slow improvement of Healthcare.gov as reasons for optimism. All in all, Krugman says, the law is “probably going to stumble through to the finish line.”

If all this is right, by the time open enrollment ends in March, millions of previously uninsured Americans will in fact have received coverage under the law, and reform will be irreversible. Obama personally may never recover his reputation; Democratic hopes of a wave election in 2014 are probably gone, although you never know. But anyone counting on Obamacare to collapse is probably making a very bad bet.

Sorry but a full 2/3 of folks who currently have insurance will see their existing policies cancelled, if you think that’s a win for the dems, your are smoking some good stuff.

Remember they gave businesses another year, which means the only reason the cancellatons are in the single digit millions and not close to 100 Million are because of that... Those notices will go out next October.

Between now and then folks will continue to lose their doctors and the epic fails will continue to be reported daily.

Not sure how badly this will hurt the dems but they are going to be crushed, and they know it.

I don’t think so, not at this point... Remember Democratic voters are not all hard core leftists, most are just low information voters. They vote democratic because their parents did and their parents before them.

Obama and the democrats have lied to them, they actually believed the lies and the press covered up the lies.. Now all that is gone. Obama is a liar to these people, nothing can put that back in the bottle.

Now a year is a long time in politics, so yes something could change, but right now we are going to have a year long story of how Obamacare is wrecking the health care system.

The bloom is off this rose, or more apropos the lipstick is off the pig. There is no way for Dems to backtrack on this, or for them to blame it on Republicans. They created, and forced this law into existence, they own it, and will pay a very high price for it.

The law will fail, it had no chance to succeed, because the MATH will never add up for it, never did. Wait until the BAILOUTS kick in and taxpayers find out the us government is going to spend 100’s of BILLIONS of dollars if not Trillions to bail out insurance companies because Obamacare created a fiscal mess.

Every Democrat up for re-election in the SENATE voted for this mess, every last one of them... Vast majority in the house did too... You think Obama cares if they get wiped out? Not really because like all things Obama its about him at the end of the day.

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