Death Spiral

And now, a word from President Obama on how easy it is to use the Obamacare Website:

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That was from July of 2010, meaning the Obama administration has had over three years to get the system online. And they could have had another six months, if they had taken Ted Cruz up on his recommendation to delay the program’s rollout.

Which brings us to today.

Ed Morrissey takes one for the team, attempts to explain to low-information CNN viewers what the abortive nightmare rollout of the Obamacare Website could mean:

Before the October 1 rollout of, a key concern was whether the Affordable Care Act system would create a “death spiral” for insurers. That crisis could be precipitated by an unenthusiastic response from younger, healthier Americans. These are the people whose high premiums and low demand for services are necessary for the risk pools to assume the costs of covering pre-existing conditions at community-pricing rates, as well as buffering the premiums of older and needier Americans.

Instead, the emerging “death spiral” crisis is one of the credibility for the White House and the idea that big government-program interventions work better than the private sector those interventions seek to reform.


Harry Reid proffers his opinion on where it all went wrong

…And for once, perhaps Harry is onto something:


Still though, perhaps President Obama could still salvage something from all this. A lovely Christmas gift at the end of the year from his friends at Time-Warner-CNN-HBO, perhaps?
Nahh — it sounds like some at Time-Warner-CNN-HBO are starting to lose their seemingly infinite patience at how thin-skinned this administration is getting these days.


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