Why Most People Favored Obamacare

For decades the public school system has not taught high school students basic finance or economics. As a result most millennials do not understand what, or how, insurance works other than the fact that they have to have it to drive a car. Beyond that, nothing more than it costs a lot to have a policy. In some cases, mom and dad pay, or paid, their policy while they were still living at home the last few years of high school or college.

Thus, when Obamacare came along many I encountered were convinced that this health insurance plan was the best things since sliced bread because it would allow those who couldn't afford a policy to get one; especially those unfortunate to have a pre-existing condition. When trying to explain why this wouldn't work the way it was set up, I was met with a combination of confusion, ignorance, disbelief and accusation that I was just mean, unfair, biased, prejudiced or uncaring about those who they felt deserved it because Obama meant well in "solving" the problem for millions. 

This type of attitude, based on feelings and ignorance, is a scary and ruinous way to operate policy which is precisely what happened. Remember, we were told by then Speaker of the House, Nancy Pelosi, that we would have to pass the legislation before we could learn what was in the bill.

Now, Prager U has released its latest video which clearly and simply explains what I had attempted to explain years ago, now that we've learned just how poorly Obamacare has failed to produce what it promised and why.