October 12, 2011

#Obamacare and the #1percenters

Here's notehr reason, speaking from the left, that Obamacare isn't likely to work so well, and that gets at its fundamental problem ... insiders helping write the bill.

Nearly one-sixth of the "1 percent" at the top of the economic pyramid work in medicine. To me, this shows that without lots of regulation (which it doesn't have) Obamacare is not going to work so well. When it came down the pike that Obamacare had little in the way of regulatory teeth, I knew it was dicey. That said, was that deliberate, for campaign politics reasons? One wonders.

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