Obama Digs In On Obamacare...Did You Expect Anything Less?

Confident that they hit their December 1st target for re-launching Obamacare website healthcare.gov, Barack Obama stood before a highly partisan group today and said that Obamacare isn't going anywhere...and the law won't be repealed "as long as I'm in office". Duh?! What did you expect him to say?

This is a guy that has doubled down everytime his back is against the wall. What makes this time so different? Nothing. He keeps doubling down. But like the guy trying to make up for losses in Vegas, eventually when you double down, you run out of luck, and you lose. That's exactly what is going to happen to Obamacare.

Let's look at what could happen.

1. The mid-term elections provide the GOP with veto-proof majorities in the House and Senate. OK. This is possibe in the House, not so much in the Senate. But if it were to happen, Obama becomes not only a lame-duck, he becomes a dead-duck. His healthcare bill would be dead, and his legacy is, he couldn't do diddly squat in two terms as president. Not likely to happen because the GOP would have to win all of their seats, and sweep all of the Dem's seats, and then get 8 more people to drop dead and win those elections. It's a long shot, but hey....so was Obamacare passing in the first place!

2. The Supreme Court could shoot down the mandate on "religious" grounds. The Court has agreed to hear the Hobby Lobby v. Sebelius case that would allow Hobby Lobby, the Catholic Church, and basically anybody that had a problem with the abortion part of the healthcare law to ignore it because of their religious beliefs. Is this possible? Yup. But it won't knock out Obamacare. Just the contraception part of it, and only a part of the contraception part at that. But then, you could say that having insurance is gambling and you are against gambling. Sound crazy? It's already happening. Look at the Amish. They don't buy insurance exactly for that reason!

3. The implosion begins. Here's the problem with Obamacare in a nutshell. It's a poorly written law that is so huge, it can't sustain itself. It's going to collapse on itself because of it's own weight. It happens every time you write something that is so all-inclusive, it tries to re-define and re-structure everything. When people experience the sticker shock of the new premiums; when people experience that after paying those high premiums, they now have to meet high deductables of $6,000 per person or higher before healthcare actually kicks in, there is going to be a revolt. And it won't be pretty.

4. Not enough young and healthy people sign up for it this year. If that is the case, and 7 million young and healthy people don't sign up by March 31st of next year, premiums for all of those older people and sicker people (and people with pre-existing conditions that couldn't get health insurance) will skyrocket. And that will make this year's version of sticker shock seem like a day at the beach. That's why the Obama Administration delayed the date the companies had to publish 2015 rates until after the 2014 election. They figured the GOP had enough ammo already.

Those reasons and a myriad more are why this law won't be around. Don't worry....it can't sustain itself!