Obama Warned Us – Not Working

Posted on January 17, 2014 2:00 pm

I don’t think a system is working when small businesses are gouged and 15,000 Americans are losing coverage every single day; when premiums have doubled and out-of-pocket costs have exploded and they’re poised to do so again. I mean, to be fair, the status quo is working for the insurance industry, but it’s not working for the American people. It’s not working for our federal budget. It needs to change.

BARACK OBAMA, remarks to GOP House Issues Conference, Jan. 29, 2010

“And I promise that, when I’m done changing it, it won’t work for the insurance industry, either.”

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3 Responses to “Obama Warned Us – Not Working”

  1. NoMoBama says:

    I don’t think a system is working when small businesses are only gouged for 50% of their income and only15,000 Americans are losing coverage every single day, I plan to double that at least. Once premiums have quadrupled and out-of-pocket costs have grown to 100% of greedy working people’s income, the first part of the fundamental change I promised will be complete.

  2. Jimmy says:

    Did you see that 35,000 electrical engineers lost their jobs last year?

    Hold on Frank.

  3. Ogrrre says:

    In fact, the system was working quite well for the vast majority. It was working as it was designed to do, doing the job it was designed to do, and that is to manage risk. Insurance was never designed to be a charity, and no real insurance program will ever work as a charity.

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