LET THEM EAT PREMIUMS: Dr. Scott Gottlieb at AEI previews the impending financial catastrophe for the middle class, known as Obamacare. He rightly observes that, under the individual mandate, families making under $88,000 per year will get no subsidies for the cost of their mandatory health insurance: “Under the Obama plan, many of these families could instead find themselves buying their health insurance on the new state-based exchanges that get started in January 2014. For a family of four, premiums on even one of the lower priced “silver” options could still cost more than $15,000 annually on the exchanges.” Cha-ching!
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