Like a cheap sweater that can be pulled apart by tugging at a thread, Obamacare is in tatters. Soaring costs of premiums coupled with outrageous deductible hikes have made things worse, not better. All this was predictable.
Despite being less than a decade old, the law has clearly failed. The cost of health care did not bend downward as promised. The cost of insurance did not fall, and families certainly didn’t save the promised “$2,000 a year,” as President Obama guaranteed. The law was built on a foundation of sand — the faulty belief that more government intervention could make things better for everyone. It hasn’t.