Let this be a lesson in just how bad 'mandatory' insurance is
Two additional articles that sum up the fail that is Mitt.
The lessons of RomneyCare?
http://www.marketwatch.com/story/mitt-romney-tries-to-play-the-jobs-card-2010-02-23Lesson 1: The Massachusetts plan does not control costs.Lesson 2: Community rating, guaranteed issue and mandated benefits swell costs.Lesson 3: Huge subsidies for low-to-medium earners could prove extremely expensive.Lesson 4: The exchanges reward people for working less and earning less.Lesson 5: The generous plans and added mandates give employers an incentive to drop health insurance.
The Massachusetts experience?
The Republican contender was the governor of Massachusetts from January 2003 to January 2007. And during that time, according to the U.S. Labor Department, the state ranked 47th in the entire country in jobs growth. Fourth from last.Mitt isn't a conservative and he might have been a great businessman but he's a lousy Government bureaucrat. Under his leadership Massachusetts economy didn't improve at all and he left them saddled with a failing health care experiment that's destroying coverage for those who had it.