Perhaps the most important thing lost in the discussion of the Affordable Care Act, aside from the fact that it offers no prescription to lower costs, is that it does nothing to improve ones health. Nor does it provide insurance. It is simply a massive cost shifting/sharing scheme and over time, those who pay into it, generally healthy younger employees, feel entitled to tap into its benefits that flow mostly to older, sicker participants.  The principle underlying Obamacare is not to make the older users of the system healthier, but rather to limit their drain on its resources while at the same time forcing the healthy young to pay for services they won’t use, a rather sophisticated Ponzi scheme, just as are Social Security and Medicare.

Now purists will argue that it’s not Ponzi because it’s legal, and, Oh, and it’s not called Ponzi Care.  (It’s much like Jon Corzine averring that he’s not an embezzler, so he isn’t.)  Purists also argue that Obamacare isn’t socialized medicine, never mind that the federal government prescribes precisely what benefits a plan must offer, what it will cost, who is entitled to coverage, who must be covered, and, who will pay for it.