Thursday, June 28, 2012

Obamacare ruling

Plenty of coverage to today's ruling elsewhere. I won't try to replicate.

Here are a few points I take away from watching and reading early coverage:

The president and the Democrats in Congress now own Obamacare as a tax.

More premium hikes are coming down the road in 2014. Democrats are counting on dumbed-down Americans not to look that far down the road.

Now that Obamacare is ruled constitutional, how quickly will employers begin trimming their work force to negate the coming impact of higher Obamacare-mandated health care costs? I know serveral people who were either laid off or took demotions shortly after Obamacare passed the Congress in 2010.

Principled states apparently still have room to resist the Obamacare Medicaid provisions. Depending on how this is played, will it be enough to make the larger application of the law unworkable?

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