Thursday, January 8, 2015

Economist Alan Reynolds explains essence of Obamacare in 4 sentences.



Brit Hume · @brithume

10,535 pages of ObamaCare condensed to 4 sentences.

1. In order to insure the uninsured, we first have to uninsure the insured.

2. Next, we require the newly uninsured to be re-insured.

3. To re-insure the newly uninsured, they are required to pay extra charges to be re-insured.

4. The extra charges are required so that the original insured, who became uninsured, and then became re-insured, can pay enough extra so that the original uninsured can be insured, which will be free of charge to them.