Central planning amateur hour continues – Obama Considering Three Year Extension To Obamacare | Zero Hedge.
That is, Obama is considering allowing insureds to keep their “junk” plans for up to three years.
Actually, the only reason why Obama is suddenly willing to compromise over every aspect of his “crowning achievement” is that finally its tactical, and strategic failure has become clear for all to see. So it would be best to enact it piecemeal, and claim success for whatever legacy aspects of the system are working, while blasting everything that his unprecedentedly complicated, centrally-planned contraption has unleashed.
Finally, why three years? Because by then Obama will be gone (absent some very radical changes to presidential term rules), and Obamacare will be someone else’s problem.
Don’t touch my junk plan.
