Now, Gallup reports<\/a> that from the first quarter of 2010 (when Obama signed Obamacare into law) to the third quarter of this year,\u00a02 percent of American adults lost their employer sponsored health insurance.\u00a0In other words, about 4.5 million Americans lost their employer-sponsored insurance over a span of just 18 months.\u00a0<\/strong><\/p>\n This is not a good thing. The article further reports:<\/p>\n Rather, the CBO had predicted that Obamacare would increase<\/em> the number of people with employer-sponsored insurance by now.\u00a0 It had predicted that, under Obamacare, 6 million more Americans would have employer-sponsored insurance in 2011 than in 2010 (see table 4<\/a>, which shows the CBO\u2019s projected increase of 3 million under (pre-Obamacare) current law and an additional 3 million under Obamacare). So the CBO\u2019s rosy projections for Obamacare (and even these paint a frightening picture<\/a>) are already proving false. \u00a0<\/strong><\/p>\n This is one of many problems with Obamacare. I reported on September 23 (rightwinggranny<\/a>) that the Community Living Assistance Services and Supports (CLASS) Act portion of Obamacare has been abandoned because its cost would spiral out of control. Unfortunately, the CLASS portion of Obamacare was the part that was supposed to make Obamacare reduce the deficit in its early years (that was done by forcing people who wanted to participate in the CLASS program to contribute to it for a number of years before actually receiving benefits). Eventually, those initial contributions would be used up and the expenses of the program would quickly spiral out of control.<\/p>\n How many promises does Obamacare have to break before it is repealed?<\/p>\n Remember the words\u00a0\u201cIf you like your health care plan, you can keep it.\u201d Well, it hasn’t exactly worked out that way. Obamacare is not yet fully in effect, and yet it is already having a major negative impact on the … Continue reading ![\"Enhanced](\"http:\/\/img.zemanta.com\/zemified_e.png?x-id=ae882992-a11d-4c86-ae00-e8697fd87c3d\")
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