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Obama promised that the Obamacare would save us money after its first year. Now we know that was not true. Costs have risen by nearly 10% after 1 year and it's going to get much worse.
Last weekend it was revealed that MIT economist Jonathan Gruber, the chief architect of ObamaCare, backtracked on the analysis he performed two years ago. He told officials in Wisconsin, Minnesota and Colorado the price of insurance premiums will “dramatically increase” under the reforms.
Also a recent study by the insurance regulators in Ohio showed that Obamacare will push health insurance premiums up by 55% to 85% once the thing — monstrosity? — catastrophe? — abomination? — becomes fully operational in 2014.
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