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Obamacare Tax Another $100 Billion Hit to Businesses, Consumers

As President Obama did his victory dance Tuesday amid better-than-expected (reported) enrollment in his namesake Obamacare, the Affordable Care Act’s health insurance tax looms in the shadows. Its $100 billion impact over the next 10 years, business advocates say, could ultimately hurt people Obamacare claims to help. In a Wall Street Journal op-ed, Bernie Marcus, co-founder and former chairman and CEO of Home Depot, asserts small and mid-sized businesses will bear the brunt of the health...

Obamacare Shows America Suffers From A President Dangerously Disconnected From Reality

The population of the U.S. is 314 million. On the day Obamacare was passed, the estimate of the uninsured was 60 million. So in this context, the supposed 7 million Americans signed up for insurance on the Obamacare Exchanges, even if that is a valid number, and all of those have actually started paying premiums, both of which are highly dubious, does not mean any significant success for Obamacare. That is especially so since at least 6 million Americans have lost their health insurance due to...

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