OBAMACARE FAILED BECAUSE IT VIOLATED ECONOMICS 101 AND HUMAN NATURE 101: Get ready for the source of this insight: The Chicago Tribune. Remember, not a single Republican in Congress voted for ObamaCare. Violating Economics 101 as well as violating common sense were two reasons the GOP opposed the hideous thing en masse. It straitjacketed insurers into providing overly expensive, soup-to-nuts policies. It wasn’t flexible enough so that people could buy as much coverage as they wanted and could afford — not what the government dictated. Many healthy people primarily want catastrophic coverage. Obamacare couldn’t lure them in, couldn’t persuade them to buy on the chance they’d get sick.
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