If this were a one-time bailout of a plan that might marginally work...then folks might believe it’s worth the effort.
The trouble is....bailouts over the last couple of years....lead to more bailouts, and accepting someone’s version of ‘truth’ really doesn’t work well anymore.
If you had a hundred Americans and asked them if they trust their butcher or the President more....most would say their butcher. Admitting that....really says something about where we’ve been and where we are going.
Not only that but any of the bailouts are used for other things rather than what they say they are and it is definitely true with Obama at the helm.
There are no one-time bailouts in the world of baseline budgeting. Each bailout raises the amount spent, which sets a higher baseline for the next year’s budgeting.
That’s why, after TARP, the Dem-controlled Senate never voted on a budget, but instead relied on continuing resolutions keyed off of a higher baseline. And, that’s why the federal government expenditures jumped from around 20% to 25% under Obama.
And, not satisfied with that, Obama tries to load the states up with additional mandated spending—like increased Medicare, lured through temporary payments in the ACA.
Mutual insurance companies already get a bail out in the tax codes.
Beyond that, what kind of bail out would work, subsidies?
No, I don’t see that happening.
Meanwhile, O care is getting a bailout right now just trying to force feed the website to “work”. The cost is probably close to a billion and rising.
His excellency is not going to admit a problem because he knows this thing is hanging now by a string. They admit they were wrong and delay the whole thing and allow for monumental changes or it crashes and burns on its own weight. A true Hobson’s choice. Given what O dope has said on the record though, it looks like door A, he will march along and fire money into it.
Logically it would be better to put it off for a year, past the elections, because when the 100+ million lose their coverages they have, it will be much better for them for that to happen AFTER the election than now but fortunally the narciciss will not do that, his ego may be the ultimate defunder of this monstrocity. He does get one benefit though, all the other scandals are off the front page now.