Relax, GOP — Obamacare Will Defund Itself
Amidst the brouhaha over defunding Obamacare, the government shutting down, the Republican brand plummeting as the party fractures, etc., etc., the GOP is being presented with a golden opportunity that they would be extremely wise to consider and exploit carefully -- Obamacare is about to defund itself.
And this isn't just because of the ridiculously rocky rollout of its website. The government is apparently sending for the private tech industry "fire department" in the Silicon Valley. Those folks will probably be able to unsnarl things sooner or later.
Apple, after all, was able to sell 9 million of their new iPhones in the first weekend, a figure the Affordable Care Act is unlikely to achieve ever, let alone in the first forty-eight hours.
The government hopes to have 7 million insured by March. Now several weeks after launch, less than half a million have taken only the first application step. Who knows how many have actually gotten health insurance. The government isn't saying -- and we can guess why.
Indeed, the entire fiasco is a perfect example of the efficiency of free markets over government.
But that's obvious. What is worse for Obamacare is what happens after they actually fix HealthCare.gov. They need young people to sign up, almost three million of them, to make the system fly, to subsidize it. But why should they? Many twenty and thirty somethings are paying off $20,000-$30,000 student loans. Many others don't have jobs. And those that do, already subsidize Social Security.