And the health insurance rate increase will be misrepresented.
It will described as a greedy move by evil health insurance companies to make obscene profits while they can.
It will used as an example as to why we need to accelerate Obamacare - and they will promise that rates will decrease when that happens. And then they won’t of course.
And stupid people everywhere will believe it.
"It will described as a greedy move by evil health insurance companies to make obscene profits while they can."
You are absolutely correct, but I think the fact open enrollment happens just before the November elections means they will not have enough time to spin this to their favor. They would need to lay the groundwork now, and I don't see it happening. I just don't think they know enough about how business works to see this train coming.
I really think this could rile people to the levels of last year's Tea Parties. It might be the straw that gets people out to the polls to vote the bums out.
If we swing the congress and senate significantly this election, the health insurance cost increases and the tax increases will be felt in 2011, and the potential of a double-dip recession could play as well in 2011. The effect could be another electoral sweep in 2012.