Thursday, November 7, 2013

More Thoughts on Obamacare

Following such doomed programs as "Cash for Clunkers", and environmental projects such as "Solyndra", what makes anyone think the federal government is capable of managing a program that constitutes 18% of the US economy - healthcare?

Cash for Clunkers did not have the economic impact dreamed of.  Rather it made a few buyers purchase a new car a few months sooner than they otherwise would have.

Solyndra cost tax payers $550 million in loan guarantees to a company managed by Obama campaign donors, that quickly went bankrupt while those investors sold off their stock and got very wealthy.

And now, we are told that a few glitches (Geez, I hate that term.) are preventing a $635 Million website from saving us all a lot of money for health insurance.  When actually, adding more people, more benefits, and fewer policy options, will lead to reduced availability, more unaffordable healthcare options.

Senator Enzi, (R-WY) spoke on the floor of the US Senate in September 2010 about he consequences which we are currently experiencing.  He seems to forecast the pain we're feeling now with incredible accuracy. (Click here for details)

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