By any measure, Obamacare has been a disastrous failure
October 27, 2015
Well, the law was supposed to take until now to come into full effect. Now that we are getting the full Obamacare, what are we seeing?
The Wall Street Journal says not enough of the young Democrats who voted for Obamacare are signing up for it:
This month the Health and Human Services Department dramatically discounted its internal estimate of how many people will join the state insurance exchanges in 2016. There are about 9.1 million enrollees today, and the consensus estimate—by the Congressional Budget Office, the Medicare actuary and independent analysts like Rand Corp.—was that participation would surge to some 20 million. But HHS now expects enrollment to grow to between merely 9.4 million and 11.4 million.
Recruitment for 2015 is roughly 70% of the original projection, but ObamaCare will be running at less than half its goal in 2016. HHS believes some 19 million Americans earn too much…
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