Thursday, August 07, 2014

Everyone is exempt from Obamacare fines

Individual mandate? You can get a hardship exemption from buying Obamacare if you can't afford it. Circular causation. (I am not making this up!)

The exemptions from Obama's mandate climb. There are now 14 of them! Who is going to pay the fine for refusing Obama's insurance mandate? A few unlucky people - only a few.

The mandates to buy insurance are at the heart of Obamacare. It needs young people to buy it to subsidize the more expensive older people. Otherwise its costs will sky rocket. This is big trouble for the central dream if the "government can do everything better" crowd.

Wall Street Journal
Might require subscription.

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