It took Congressional Republicans nearly seven years to devise a plan to repeal and replace Obamacare (PDF), but summing it up takes just three words: cruel, costly, corporate.
The proposed bill also includes an odious whiff of China's one-child policy, a shift in costs that will burden investors and taxpayers, and the destruction of any notion that Republicans believe in personal responsibility because the proposed replacement encourages what economists call free riders—people who enjoy a benefit, but avoid paying for it. In this case, it will enable people to not pay for health insurance until they need it, leaving a pool of insured Americans who are poorer and sicker than average.
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