We really do appreciate Congressman Lynch and his candor with regard to Obamacare. We have long been critics of the ACA because we see it as a massive vehicle for crony capitalism (pharma and the big insurance companies do quite well under Obamacare) while it also undermines the good parts of our healthcare system and the economy generally. Obamacare is a disaster. It is a train wreck and the pile up continues.
For all the talk of Obamacare signing up 7 million people, it is rarely reported that over 80% of the people who signed up were dropped off of their former policies because of Obamacare. Many people haven’t paid their premiums yet either.
There was never a manadate for this legislation. Most people didn’t want Obamcare when it was passed. Fewer people want it now.
But some people understandably will defend Obamacare until the end because they see it as President Obama’s legacy. They don’t want his place in history tarnished by the law, and they don’t want to see the progressive dream of universal healthcare to crash of the rocks. That is is just too tough to face.
But we’re all going to have to face it, those of us who wanted Obamacare and those of us who didn’t alike.
For more from Nick Sorrentino, visit AgainstCronyCapitalism.org