I'll go out on a limb and predict that things are going to get tight (tighter??) before the end of the year. Hopefully, not as bad as 2008-2009, but we will see. The silver lining is that it might spell the end of Obamacare, if no one has money to participate in it.
Mrs WBill teaches part-time for a local college. She's done it for years (15? 20? I can't remember. For about ever, I think....)
Anyhoo, she told me last night that her class size this semester is more than double what it usually is. Two classes, 40 students. Usually she'd have between 15 and 20.
Anytime her class size goes up like this, the economy tanks. The last time was 2008-09, time before that was 2000-01. Her class size increasing is usually a semester (sometimes two) ahead of the problems.
I've already gotten my retirement portfolio aligned more conservatively....did that awhile back. However, I'm going to check it over again this weekend.
Your lips to God's ear.
Unfortunately, ObamaCare allows huge federal subsidies to the insurance companies for the first several years.
Unfortunately, when Boehner and Paul Ryan did their budget surrender a few weeks back, they funded ObamaCare in full for two years.
In other words, the leadership of the Republican Party willingly agreed to take all ObamaCare money issues off the table for the 2014 election!
My guess - in 2015, the Democrats, with Republican help, will cancel ALL insurance company subsidies and bail outs because of "public outrage."
That means most insurers will walk away from the health insurance business, and, by default, Obama and the Democrats will have the “Single Payer” government take over of our health system that they have always dreamed about.