At National Review, Cato’s Michael Tanner writes:
The Patient Protection and Affordable Care Act, a.k.a. Obamacare, turned three years old this week. But unlike fine wine, the ACA is not getting better with age. A torrent of recent studies and reports has provided new evidence — as if we needed more confirmation — that nearly everything we were told about this law was untrue.
Tanner takes on these promises:
If you like your doctor, you will be able to keep your doctor, period. If you like your health-care plan, you’ll be able to keep your health-care plan, period.
— President Obama, June 15, 2009
This law will cut costs and make coverage more affordable for families and small businesses.
— President Obama, June 22, 2010
This legislation will also lower costs for . . . the federal government, reducing our deficit by over $1 trillion in the next two decades. It is paid for. It is fiscally responsible.
— President Obama, on signing the Affordable Care Act
It’s about jobs. . . . In its life [health-care reform] will create 4 million jobs, [and] 400,000 jobs almost immediately
— Nancy Pelosi, February 25, 2010
Quality, Affordable Health Care for All Americans
– Title 1 of the Patient Protection and Affordable Care Act