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Monday, February 20, 2017

Why Should We Listen To Them?

The Washington Post has an article today which "reports" that the chances of a repeal of Obamacare are fading.  Really?  Why should we listen to or believe that "news" report?  The biggest point in the article is that a group of people who used to predict that it was 65% likely that the individual mandate would be gone by April now predict that it is only 35% likely.  Think about that for a moment.  Some group of unidentified prognosticators lower their estimate according to the Post, so that's supposed to indicate reality.

Let's all realize what is key here:  the Individual Mandate requires individuals to have health insurance or to pay a fine together with their taxes.  Last week, the IRS announced that it would accept returns that do not report on whether or not the individual filing the return had health insurance for all of 2016.  Translation:  the IRS is no longer going to enforce the penalty for not meeting the Individual Mandate.  Even without action by Congress, that is the end of the Individual Mandate as an effective tool for forcing people to buy health insurance.  That means that the estimate of the gurus consulted by the Post about the Individual Mandate is truly irrelevant.

Second, remember that the Post told us repeatedly that Donald Trump's campaign was over.  The Post had his campaign crash and burn so often that it got boring.  All through the early primary season one thing or another meant the death of the Trump campaign.  Once Trump got the nomination, the Post told us many times the Hillary Clinton had the election locked up.  Indeed, just a few weeks before the election, the Post told us that Hillary would win, the Democrats would take the Senate and there was even a good change that the Democrats would take control of the House.  Who predicted that?  Was it the same group of geniuses who are now telling us what the chances are for Obamacare repeal?  Most likely that is the case.

There is so much supposed news that is nothing more than wishful thinking from media outlets like the Post that it is ridiculous.  The President said that he would shortly be unveiling the plan for repeal and replacement of Obamacare.  It may pass, it may be modified and then pass or it may fail.  We will all have to wait and see.  One thing is certain, however, until we see the proposal, predictions as to what will happen are just more Fake News from the mainstream media.

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