Behind The Black Postings By Robert Zimmerman

Repeal the damn law! One health insurance company has now announced that the mix of old/sick and young/healthy buying insurance under Obamacare is far worse than expected.

In other words, the only way the company can make a profit is to raise its premiums so high — in order to pay for the costs of its mostly sick customer base — that no one will be able to afford to buy the insurance.

But then, none of this is a surprise to conservatives. You can’t outlaw Adam Smith’s laws of economics, as Obamacare tries to do. All that will happen is that you will distort the market enough to destroy any businesses in it. Just ask anyone who lived in the communist bloc in the 20th century.

3 Comments
  1. Pzatchok says:

    In other words not enough of the young and healthy are signed up and those that do are not paying enough.

    They are going to be offered a nice government subsidy to help off set this problem if they just promice to help Obama work through the first few dozen years of expected troubles.

  2. JWing says:

    Is every thinking person in this country in a trance? Do they not understand what this poser is purposely doing to fundamentally transform this nation? A frog could tell this isn’t a slow simmer but a full rolling boil.

  3. K Mike B says:

    At then end of this year after small business dump an estimated 30 to 50 million into the exchanges to fend for themselves Obama will stand before yet another backdrop of ‘Americans’ and offer an ‘enhancement’ to ACA, it’ll go by some cute name and have a catchy acronym but the three to four thousand pages will amount to nothing more than single payer. He’ll spend most of 2015 flying to and fro with backdrops of the sickly, (one can imagine a C-17 loaded with wheel chairs as props) behind him nodding and sometimes falling over as he blathers about the inaction of Congress and his relentless vision that all Americans be provided a free and viable health care system. Then in an about face with a bad jobs report and a stagnant economy Obama will shift focus to jobs for the 150th time and reveal a new economic program to yet more yawns and shrugs of shoulders from Americans.

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