The favorite expression around the Sigma Chi house in college after a winner in a poker game laid down his cards, was "Read 'em and weep."
We're two years into the vast economic and social re-engineering experiment that was labeled as Obamacare, and now we are learning the real costs. The winners then aren't so sure today. This week the Obama administration admitted its math was flawed in its assumptions about a key provision of the bill. The "Community Living Assistance Services and Supports" proved to be unsustainable. It was a disability program actuaries panned even before Obamacare passed, but it was thrown into the final bill, some say, as a tribute to its champion, Senator Ted Kennedy.
Nancy Pelosi once famously said, "We have to pass this bill so we can find out what's in it." Stunning! And now we know. The winners and the losers in the Obamacare fight are all weeping now:
As I suggested in an earlier post last week, no one really can predict the future, but I know this much - if Obamacare is not struck down by the Supreme Court on the legal issue of the individual mandate, it must be defunded, repealed and buried deeply in the bowels of Mother Earth before its costs bury us as a nation.
Thanks to Senator Mike Lee's website for this summary.