The program won't work if young people opt out. If I were 20 I'd pay the penalty, screwed as that is. And now there's hard data to show that's exactly what millions will do. In other words, give Barack Hussein the finger.
The report's at IBD (and more at Memeorandum.)
Added: From Rick Moran, at Pajamas, "Obama: Health Insurance a ‘Right’":
Before we get to whether a commercial product is actually a “right,” perhaps we should explain what the president forgot to mention when he said he was “doing everything in my power to make sure the law works as it’s supposed to.”Well, the entire weekly address is a lie. But that's how it is with this president. Virtually everything he says is a lie.
The truth is, the president is doing everything in his power — as well as claiming powers he doesn’t possess. By unilaterally waiving some requirements of Obamacare without congressional consent, the president is basically ruling by decree. He is claiming executive authority to make law — a dubious, and dangerous, precedent. He is doing so because implementing the law as written would add to the chaos surrounding the law already present at the state and federal levels.
And to say that insurance is “affordable” in states that are cooperating with him is an outright lie. Just because premiums are going to increase at a slower rate than expected doesn’t make insurance any more “affordable” for anyone. If it wasn’t “affordable” before Obamacare, why should an increase in premiums mean it’s more “affordable now”? In fact, this study by the National Center for Public Policy Research shows the economic advantages to “young invincibles” of not purchasing insurance under the individual mandate...
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