The Legal Gymnastics Behind Obamacare | Mises Wire

On December 14, U.S. District Judge Reed O’Connor ruled Obamacare unconstitutional because its individual mandate requiring people to have health insurance “can no longer be sustained as an exercise of Congress’s tax power,” since the tax that enforced it is now gone.
— Read on

This was bad policy from the beginning as a way to transfer the costs of healthcare from employers to the taxpayers. The Chamber of Commerce, big business, and the Democrats were all in. The GOP ran on repealing it to get elected, and did nothing. Robert’s was the deciding vote and he was another sad legacy of the Bush administration.

I have learned over the years to follow the money 💰. Right after Obamacare was passed, big Pharma and the big insurance companies stocks skyrocketed. Taxpayers and the working class insured wound up paying more and getting less.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.