Bill Clinton is no longer an advocate of Obamacare it seems, as he just bashed it on the campaign trail as “the craziest thing in the world”:
CNN – Bill Clinton criticized President Barack Obama’s signature policy reform while on the stump for his wife, Democratic presidential nominee Hillary Clinton, calling Obamacare “the craziest thing in the world.”
Speaking Monday at a Democratic rally in Flint, Michigan, the former president ripped into the Affordable Care Act for flooding the health care insurance market and causing premiums to rise for middle-class Americans who do not qualify for subsidies.
“So you’ve got this crazy system where all of a sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half. It’s the craziest thing in the world,” Clinton said.
Clinton, whose efforts with his wife to overhaul health care in the 1990s were stymied by a recalcitrant Congress and the insurance lobby, told the crowd the insurance model “doesn’t make sense” and “doesn’t work here.”
Now before you think he might be on our side, he’s not. While he is right about Obamacare, what he’s advocating is just as bad:
Touting his wife’s proposal to allow people without access to subsidies to buy into Medicare and Medicaid, he also acknowledged that market-based solutions would not solve the country’s problems with insurance costs and coverage.
So he just wants to expand Medicare and Medicaid, suggesting that would solve the Obamacare crisis. But it wouldn’t. Medicare is bankrupt and Medicaid is killing the healthcare industry. Redistribution of wealth is still redistribution of wealth, no matter how you package it or what you call it.
What we need are the very market based solutions that he says wouldn’t solve the problem.