The actual Hindenburg Disaster here.
CNN reports that “Bill Clinton calls Obamacare ‘the craziest thing in the world,’ …“. The second craziest thing in the world is this impossible water stream that we’re using allegorically to demonstrate exactly how crazy the foundational principles of ObamaCare are.
Bill Clinton criticized President Barack Obama’s signature policy reform Monday
while on the stump for his wife, calling Obamacare “the craziest thing in the world.”Speaking at a Democratic rally in Flint, Michigan, the former president ripped into the Affordable Care Act (ACA) for flooding the health care insurance market and causing premiums to rise for middle-class Americans who do not qualify for subsidies.“So you’ve got this crazy system where all of a sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half. It’s the craziest thing in the world,” Clinton said.
The Washington Post report about the dire circumstances facing ObamaCares , simply recaps a fact that you knew 4 years ago would be inevitable, “Health-care exchange sign-ups fall far short of forecasts“.
Enrollment in the insurance exchanges for President Obama’s signature health-care law is at less than half the initial forecast, pushing several major insurance companies to stop offering health plans in certain markets because of significant financial losses.
As a result, the administration’s promise of a menu of health-plan choices has been replaced by a grim, though preliminary, forecast: Next year, more than 1 in 4 counties are at risk of having a single insurer on its exchange, said Cynthia Cox, who studies health reform for the Kaiser Family Foundation.
Debate over how perilous the predicament is for the Affordable Care Act, commonly called Obamacare, is nearly as partisan as the divide over the law itself. But at the root of the problem is this: The success of the law depends fundamentally on the exchanges being profitable for insurers — and that requires more people to sign up.