Thursday, June 28, 2012

Reaction to ObamaCare decision

A lot of thoughts ran through my mind today as I digested the meaning of this decision.

None of that is going to be posted though.  Instead, I'll go with this from Althouse by way of Glenn Reynolds.

Yes, as we saw above, the Chief Justice clearly recognized this problem. It's an economic disaster without the individual mandate. Why doesn't that make it necessary? I can see 2 answers: 1. It is necessary. It's just not proper. And 2: Since the ACA lets the uninsured avoid purchasing insurance if they pay a tax/penalty to the federal government, and since that's what healthy people will rationally do, the scheme was never set up to work. If it doesn't even work, it doesn't make sense to call it necessary.

But it was found proper under the taxing authority. That's what I thought was improper.   My prediction turned out to be 100% wrong. The individual mandate was struck down, but the taxing authority was upheld.

I figured that the using tax authority to enforce a mandate was entirely inappropriate.

Looks like a dumb law and a dumb decision.  The government just doesn't impress me at all.

Update:

Maybe the comment that it is a dumb law is inadequate to explain what it really is.  This is going to destroy the medical insurance business.  It is shown how in the quote above.  People will not buy the insurance, but the insurance companies need a lot of people to buy the insurance who ordinarily won't.  The penalty will be cheaper, so they'll pay the penalty ( now called a tax--- dumb).  Now the insurance companies have a big liability for all of the people they have to cover, but no way for premiums to make up for it.  Only people who are sick will buy the insurance because there's an advantage to them to do so.  That is economic sabotage.

Obama is at war with our culture.  Make no mistake about it.

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