Quote:
Originally Posted by Clocker
Nothing to worry about with rates going up. The administration has it all under control.
In other words, we knew from the beginning that the whole program was a bait and switch scam with artificially low rates, and that it would have to be bailed out by more and more taxpayer subsidies.
Bend over folks, the next step is the public option.
http://www.weeklystandard.com/the-ob...rticle/2003839
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I believe it was Rubio that played a part in ending?/controlling? the subsidies.
This was the basic point I was making all the whole time. It was sold as a free lunch. They lied like crazy to get it passed, but everyone with any economic/business sense knew it was going to involve huge taxpayer bailouts. So ultimately it amounted to some people losing the coverage they liked, others paying more for their coverage, and taxpayers bailing out the rest in order to cover more people.
The idea from day 1 should have been to look for inefficiencies and other possible cost cutting measures and then use those savings to cover more people.