Friday, January 10, 2014
The real problem with Obamacare
Tyler linked to this piece yesterday, but he left out the money quote:
The problem with Obamacare is it’s product driven and not market driven. They didn’t ask the customer what they wanted. And I think that’s the fundamental problem with Obamacare. It meets the needs of very poor people because you’re giving them health insurance for free. But it doesn’t really meet the needs of healthy people and middle-class people.
And of course, without enough healthy, middle class people in the system, eventually the system won't work.