Richard Epstein At The Hoover Institution: ‘Obamacare’s Death Spiral’

Full piece here.

Libertarian law/economics thinker Richard Epstein has been prescient on the law’s challenges and likely outcomes.

He finishes with:

‘Politically, it seems clear that the American public will not tolerate yet another round of healthcare reforms that cannot shoot straight. The real question is whether the Democrats in Congress will come to their senses and realize that Obamacare is DOA. It is possible to think of all sorts of mid-level fixes that might moderate the damages, but none has a prayer of success so long as this president remains in office. Deregulation and tax cuts are dirty words to Obama, but they are the only source of relief to a nation. The ACA has already done enough harm. The time to start over is now.’

Hopefully some changes can be made before the employer mandate, already delayed, kicks in.

How our politics looks usually depends on where you stand, but it’s been clear the moral arguments for collective action, health-care-as-a-right, and redistribution of wealth have driving this legislation from the get-go.  Some folks are as close as they ever have been towards realizing some sort of workable nationalized and/or socialized medicine.

The fact that they’ve designed and/or supported such an impossible, disruptive, and ambitious pieces of legislation won’t ever awaken some true-believers.

The rest of us have to figure out what to do, and fast.

Epstein on Obamacare’s Moral Blindness, the Obamacare Quagmire, and Watching Obamacare Unravel.

Still Looking For Alternatives-Charlie Martin At PJ Media: ‘Obamacare vs. Arithmetic’

Avik Roy At Forbes: ‘Democrats’ New Argument: It’s A Good Thing That Obamacare Doubles Individual Health Insurance Premiums’Megan McArdle At Bloomberg: ‘Health-Care Costs Are Driven By Technology, Not Presidents’

Related On This Site:    From The New England Journal Of Medicine Via CATO: ‘The Constitutionality of the Individual Mandate’From If-Then Knots: Health Care Is Not A Right…But Then Neither Is Property?… From The New Yorker: Atul Gawande On Health Care-”The Cost Conundrum”Sally Pipes At Forbes: ‘A Plan That Leads Health Care To Nowhere’Peter Suderman At The WSJ: ‘Obamacare And The Medicaid Mess’From AEI: ‘Study: ‘Obama Healthcare Reform Raising Costs, Forcing Workers Out Of Existing Plans’

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