10/20/13

ObamaCare flaws threaten millions with 'financial devastation'

Scott Grannis, a financial pundit with an impressive record of accurate predictions writes: "I'm guessing that Obama is going to have to decide to postpone Obamacare's individual mandate within the next month, just like he already postponed the employer mandate. He's gotten himself into an almost indefensible position that only becomes worse as next year's deadlines approach but the computer systems remain deeply flawed. If the business side of Obamacare wasn't ready for prime time, it's abundantly clear now that the individual side isn't ready either, and that tens millions of people could be seriously inconvenienced if not financially devastated if the administration stubbornly refuses to face the facts.
"So we could be in for some really exciting times between now and the end of the year, and there's a good chance that the ultimate resolution to the Obamacare mess, which would likely come in the November 2014 elections, will be a win for limited government and free markets." Read it all     [BJS]