And guess who’s going to do that subsidizing? We are. The taxpayers. And the whole cost structure of Obamacare will take another giant leap upwards — above the CBO’s already tripled cost estimates.
The net economic effects of Obamacare also will become more apparent as large companies with heavy numbers of low-wage workers cut back on hiring, reduce hours worked, take on part-timers whenever possible, and send their workers into the Obama exchanges. But those workers won’t wind up in the exchanges. They’ll end up in Medicaid, which is already going bankrupt.
And who’s paying for that bailout? We are. The taxpayers.
The mainstream media have in large part turned against Obamacare, and all these factoids are going to be reported. So that raises the question regarding 2014: Do Republicans really want to bail out Obama by handing him a year’s delay? If all the flaws in Obamacare do pan out, they may well overshadow the shutdown negatives suffered by the GOP.