Wednesday, October 5, 2016

Reality Bites

For the Obama Administration, that is . . .

Bill Clinton, campaigning in Michigan, calls President Obama's signature domestic initiative, the Affordable Care Act, "the craziest thing in the world".   He goes on to point out:
“You’ve got this crazy system where all the sudden 25 million more people have healthcare and then the people are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half,”
“We gotta figure out what to do now on healthcare,” he said, adding that the current system only “works fine” if people are receiving the ObamaCare subsidies or are enrolled in Medicare or Medicaid.
“The people who are getting killed in this deal are small business people and individuals who make just a little bit too much to get any of these subsidies,” he said, arguing that the law does not give any new bargaining power for people struggling to pay their healthcare costs.
As we have pointed out on multiple occasions, Obamacare was passed by the President and his allies employing a bodyguard of lies (aka "incorrect promises" in New York Timespeak) and built on upon a complicated top-down strategy, ill-suited for a modern economy, as even the Times is being forced to admit.

Prediction:  Progressives will try to fix this by making Obamacare even more of a top-down bureaucratic exercise and throwing even more money at it.

William Russell Mead, an old-line Democrat and professor at Bard College, laments the latest Obama foreign policy fiasco involving Russia and Syria, concluding by comparing him with James Buchanan, considered one of the worst presidents in American history:
The press does its best to avert its eyes from this dispiriting spectacle, but Obama’s foreign policy legacy is withering away before our very eyes, even as the clock runs down on the most disastrous American foreign policy presidency since World War II. One hopes that he’ll take some stands; even now, President Obama could help his successor by reversing course on some of his key decisions and laying the foundation for a revival of American power and prestige. But it seems more likely that, much like President James Buchanan who dithered in the White House as the Confederacy rose in the South, Obama just wants to run out the clock, and is hoping that nothing catastrophic happens on the world stage before he can get back to the more congenial realm of thought leading and oratory.
And, of course, our exit note:

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