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Wednesday, November 13, 2013

Obamacare Had No Choice But Sucking Up To Private Insurance Interests

Alan: In the following article, the Wall Street Journal faults Obamacare for giving the private sector what it wanted. Since when does WSJ not want the triumph of corporate will?

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"You tout the Affordable Care Act as a triumph over special interests, but the stock prices of the insurance industry have enjoyed a huge run-up. Isn't this because your program, boiled down, just throws more tax dollars at an unreformed health-care system that every analyst, including you, says spends resources inefficiently?" Holman W. Jenkins Jr. in The Wall Street Journal


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