Considering how bad Obamacare is, it’s probably a bit sad that so much of this is funny. Regardless, here goes.
- If you like your health care plan, you can keep your health care plan, period. Unless you’re one of the majority of Americans who will lose it.
- Keith Hennessey notes another Obama administration unforced error. His vague statements have essentially frozen the individual health care market. To be fair, though, this might reduce the HealthCare.gov load to a sustainable number of people: one at a time.
- President Obama is slowly admitting that government failure exists. Here’s a bonus hint: it’s not just with regard to computers and IT that the government is backwards and ignorant, and the implication here is that government officials should not impose their will and inferior mechanisms to the spontaneous actions of millions of autonomous agents able to determine their own interests in a superior manner. Unfortunately, Obama draws exactly the wrong conclusion: by increasing the scope of government, of course the government will be able to overcome the problems of too much government.
- Why is government failure so likely to occur? Well, look at how easy the military acquisition process for joint systems is (via Larry J). Where’s the Easy button?
- By the way, even if Obamacare somehow gets past the point of utter failure, we can look forward to massive fraud like Social Security. But this assumes more than 6 people signing up (like did on the first day). Steve Hayward calls Obamacare the Tacoma Narrows Bridge of public policy.
- Extra bonus link: the power to tax is the power to destroy. Thanks to Obamacare, we’re already seeing medical device start-up funding slow down. As they say in Econ 101, if you tax something, you get less of it; if you subsidize something, you get more of it. Tax medical devices and you get fewer of them.
- Republicans, naturally, are to blame for Obamacare’s failure. Sadly, Frank J.’s satire comes rather close to “legitimate” journalists’ and op-ed writers’ actual statements.