Americans Turn on ObamaCare

It seems the more Americans hear about ObamaCare the worse it sounds.

Those concerns may be having an impact on the public, according to the poll, which showed 49 percent of respondents approving of Obama's stand on the issue compared to 57 percent in April.

Those saying they disapproved rose to 44 percent from 29 percent during the same period.

I think this is just more of the case of liking the man but hating his policies. The problem I am having now is this asinine statement during today's health insurance hard-sell.

And over the past decade, premiums have doubled in America. Out- of-pocket costs have shot up by a third. Deductibles have continued to climb. And yet even as America's families have been battered by spiraling health care costs, health insurance companies and their executives have reaped windfall profits from a broken system.

I hope he knows that health insurance operating margins are an average of 4.16%. He does know that software companies usually have operating margins in the 30% range. Does that mean they are "reaping windfall profits" and the US Government should be providing OSs, Office Productivity Software, and Search services? Of course not that would be idiotic.

The idea of providing health insurance for 47 million people to the tune of $1 trillion just because health insurance companies are making a profit is just laughable. Just reform their industry and provide incentive for them to cover that 47 million and we aren't out another $1 trillion+ and it should be okay.