When the first OPEC oil shock hit the U.S. in 1973, President Nixon encouraged Americans as a voluntary gas-saving measure to drive 55 mph on the interstate. Not long after, the infamous "double nickel" became mandatory as Congress made states choose between adopting the lower speed limit and losing millions in federal aid. For two decades, most Americans voted with their gas pedals and flagrantly ignored the federal speed limit. It had become the least respected law since Prohibition by the time President Clinton repealed it in December 1995.You can read the rest of it here.
Now, as we learn more about Obamacare, the odds are good that it will ultimately rank right down there with Prohibition and the double nickel in public esteem. First, there is the matter of those 1,040 waivers issued by President Obama's secretary of health and human services, Kathleen Sebelius. The waivers allow corporations, health insurance providers, nonprofits and unions to cap how much they spend on individual health insurance policyholders in a year. Obamacare makes it illegal for providers to impose such caps after 2014. The common justification among those seeking the waivers is that they cannot afford Obamacare's removal of coverage caps. Why should anybody continue to believe Obama's endlessly repeated claim that Obamacare will reduce health costs as long as his HHS chief issues hundreds of such waivers?
Although lots of organizations...and now even the State of Maine...have gotten waivers, the average Joe probably won't have the same chance to ignore the law as they did with the 55 mph speed limit. Thousands of new IRS agents tasked with enforcing the Obamacare mandate will see to that.
Hopefully, either the bill will be repealed or the Supreme Court will invalidate it. We don't want to go through 20 years of Obamacare like we did 20 years of 55 mph.
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