Just a couple weeks ago, the Obama Administration announced that the employer mandate was going to be pushed back at least to 2015. Of course, no mention that the Administration had over 4 years to prepare for the mandate. Sure does a lot to inspire confidence that this same government can actually run a healthcare system. In reality, this was something President Obama didn’t want to do, but he had to face political reality.
First of all, as many of us warned for years, Obamacare is certainly not “good” for the economy, as the Administration tried to claim, but is a complete disaster. No new, major program ever, in the history of the United States has ever come in “under budget”. In fact, they have always come in way above budget.
Let’s take a look at Medicare. It is the closest to Obamacare in scope and industry it affected. Medicare passed in 1965, with a cost of $3 Billion in the first year. The House Ways and Means Committee, at the time estimated that by 1990 the program would cost $12 Billion, even after inflation. The true cost of Medicare in 1990 was $107 Billion. That isn’t just a wrong estimate it was no where near the real cost. That just scratches the surface.
So we knew this in 2009, why did the administration delay the Employer mandate just 2 weeks ago?
It is politics. Red State Democrats were in an uproar. The 2014 elections looked like an impending disaster for them. Left wing supporting businesses also were complaining to the White House. I guess they should have read it before supporting it in 2009.
This delay makes it clear that Obamacare needs to be relegated to the dust bin of history. No more “time” will make a difference. It is only a tactic to try and salvage 2014 for the Democrats. Just look at all the Senate Democrats who are retiring instead of facing the voters. It tells you all you need to know about what is going on here. Time to repeal Obamacare is now.