Wednesday, July 19, 2017

Democrats Will Soon Regret That Republicans Failed To Repeal ObamaCare

There were lots of celebrations on the left side of the aisle after the Senate GOP bill to repeal and replace ObamaCare died. The good times will be short lived, because one way or another ObamaCare is going away, and it's not at all clear that Democrats will gain additional leverage over what comes next by waiting for its collapse.
It was amusing to hear Senate Minority Leader Chuck Schumer say, after the Senate bill failed, that Republicans should "work with Democrats on a bill that lowers premiums, provides long-term stability to the markets and improves our health care system."
Lower premiums, stabilize insurance markets, improve health care? Wasn't that what ObamaCare was supposed to do in the first place?
While Schumer and company were busy calling Republicans mass murderers, here's what was actually happening with ObamaCare.
  • The Centers for Medicare and Medicaid Services reports that the number of insurers applying to participate in ObamaCare exchanges next year plunged by 38% compared with last year, and is half what it was in 2016. 

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