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Jim's Link-O-Rama

Pages of interest linked via Google Tool Bar Blog-It.

Monday, October 11, 2010

Obamacare: "a rapidly accelerating set of unintended consequences"

Almost immediately -- it didn't take two months much less six -- the White House is confronted with a rapidly accelerating set of unintended consequences spreading across the country. As listed by the Wall Street Journal, those unintended consequences included 2011 premium increases shooting up as high as 9%; "multibillion-dollar corporate writedowns by Verizon, AT&T, Caterpillar and others"; the disruption of insurance markets, a show-down with McDonald's, the imposition of price controls on premiums, insurers withdrawing from Medicare Advantage.
In what appears to have become a pattern, the response from the Obama Administration has been repeatedly swift and harsh -- compared by one critic as an episode straight out of the Sopranos, the famous HBO mobster series. http://bit.ly/cEl5iX

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